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PSARA License
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PSARA LICENSE
What is a PSARA License?
A PSARA License is a license issued to security guard providers under the Private Security Agencies Regulation Act. a person or business that provides security guards is required to obtain a Private Security Agency Regulation Act (PSARA) license. you’ll apply for a PSARA License with your state’s Home Department. an individual’s application for a license under this Act will only be considered after a thorough background check has been conducted. an organization, partnership, or association of persons shall not be eligible for a license under this Act if it’s not registered in India or if its owner, majority shareholder, partner, or director isn’t an Indian citizen.
An application for a license to work for a private security agency must be submitted to the Controlling Authority on Form V and Form III, together with an affidavit, indemnity bond, identification, and address proofs containing information regarding the provisions of this Act. the appliance must be accompanied by a fee of I rupees five thousand if the private security agency operates in one district of a State, (ii) rupees ten thousand if the private security agency operates in two to 5 districts of a State, and (iii) rupees twenty-five thousand if the private security agency operates throughout the whole State. The validity of the granted license is five years.
Who issues PSARA License:
- The State Department of Homeland Security issues PSARA licenses.
Renewal & Fees:
- The license is renewed after five years have passed from the date of issuance.
- 5,000 Rupees if the private security agency operates during a single district of a State.
- Ten thousand rupees if a personal security agency operates in more than one but fewer than five districts within a state.
- 25,000 Rupees if the private security agency operates throughout the whole state.
How to Register PSARA License
Documents Required
Three-Step Registration:
What are the benefits of a PSARA License?
The benefits available to businesses with a PSARA license are outlined below.
What All You Get
- Certificate of Incorporation
- Articles of Association
- GST Registration
- Import Export Code
- Digital Signature Certificates
- Company PAN
- MSME Registration
- Commencement of Business
- Director Identification Numbers
- Company TAN
- PF Registration
- Company Resolutions
- Memorandum of Association
- Company Bank Account
- ESI Registration
- Company Agreements
Why Business Setup in India?
Since our inception as an Official Company Registration Agent, we have maintained close ties with the Ministry of Corporate Affairs, Government of India. From day one, our intention has been to offer a streamlined incorporation procedure that is quick and easy to utilize. Today, our system for company registration is among the most efficient and effective in India. You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days. In addition to maintaining affordable pricing for company formation, we are constantly investigating new ways to bring value to our clients. We are proud to be one of the least expensive ways to establish a business in India.
We have the knowledge to advise clients on the appropriate company structure to implement. The majority of our clients want assistance registering a business limited by shares. The limited company structure is prevalent because it permits the distribution of profits to shareholders while safeguarding them through restricted liability. Our team has more than 2 decades of experience founding companies and providing corporate and secretarial services, which aids in the growth of tens of thousands of our clients’ enterprises each year.
We are tremendously passionate about the quality of our service, and we are incredibly proud of the reviews we get from our customers, as evidenced by our outstanding reviews and ratings. Continually, our team is chosen due to the value and skill for which it is renowned. We have helped form the industry by giving our customers innovative business services and packaged solutions that have grown alongside their demands.
Our clients have access to complimentary help from a team of experts. We are always prepared to assist. Throughout the registration of your Company, you will be enabled to contact us by phone or email if you require assistance.
No Hidden Charges
We believe in transparent and straightforward pricing. The price displayed is the price paid. There are no additional fees associated with business registration.
Rapid Service
You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days.
20 Years of Expertise
Our staff has over 2 decades of experience, making us specialists in our industry. Take the stress out of establishing your business, and rest easy knowing you have the assistance you need to thrive.
Reliable Service
Today, our customers expect exceptional service. Because of this, we are very pleased that 99 percent of our customers have rated us as "Great" or "Excellent" on Google.
Simplicity
The entire procedure, from ordering to utilizing your company registration license, is designed to be as simple and direct as possible to aid in the growth of your firm.
Privacy and Protection
ustomer confidentiality and safety come first. We safeguard your financial, business, and personal information to the utmost degree.
Let's Deal With Your Confusions
Any entity providing private security guards must obtain a PSARA License.
Yes, once every five years.
You can pay through the demand draft.
The Ministry of Home Affairs of a State.
There will be penalties, but you can't file a lawsuit.
In most cases, within three months.
It depends on what percentage districts you manage. Ex: I rupees five thousand if the private security agency operates in one district of a State, (ii) rupees ten thousand if the private security agency operates in additional than one but up to five districts of a State, and (iii) rupees twenty-five thousand if the private security agency operates throughout the whole State.
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