Success Story: From Fresher to PSARA-Licensed Company in India

The private security agencies have taken a significant place in the markets. Their growing demand in India is forcing adherence to stringent government compliance. However, before establishing any private security, the startup has to go through all the rules and the registration process. Well, for the private security agency establishment, one of the core registrations is for the PSARA security license. By taking a real-life example, we will explore how an individual turned their business into a legally and PSARA-licensed agency.

1. Meet the Entrepreneur: Beginning with Zero Experience

From the recent real-life story, named Rahul passed out from a recognized university with clear vision. He aimed to provide the security services. Through the required steps, he established his own private security agency with the name “SecureGuard Services.” Initially, he had null knowledge related to the business and the security industry experience. However, his initial objective was to establish a legitimate and competent security firm. He gets advice from a PSARA license agent during this stage. 

2. Key Challenges Include During PSARA Registration

Being new in the security industry, the owner of “SecureGuard Services” was unaware of those challenges associated with the PSARA certification. The major challenges he faces:

Complex Documentation

For the PSARA security registration, the businesses are required to provide various documents. It can be difficult and time-consuming to compile the various documents without the necessary knowledge.

Variation in State-Specific Rules

Every state has its own specific rules and regulations related to the PSARA Act. Rahul faced the variation in the specific rules. He cannot even use a one-state license in another state, which creates the complexities.

Delay in Police Verification

The police verification is a mandatory part of the registration process. But, this process is often time-consuming and causes potential delays in license approval.

Financial Constraint

Being new, he didn’t meet those costs associated with the registration. It causes a significant financial burden on him.

Late Approval Timeline

From application submission to license approval, the process took several months. It led to a delay in starting the business operation.

User Query: PSARA Registration for Event Security Providers: Process & Compliance

3. Set-Up of PSARA License Security Agency

To overcome the above-mentioned challenges, the owner of SecureGuard Services follows these strategies:

Strategy 1: Business Planning and Registration

The operator of the new security services started the process by making a strong and valid business plan. After that, to start operation, he secured the funding from the banks in the form of a loan. The loan that he secured from the bank was used to cover the startup costs. To give his business a legal status, he registered under a private limited business structure and established a physical business operational office.

Strategy 2: Complete Documentation

This is the core part where he focused securely. As prescribed, he gathers all the necessary documents. The major documents he prepares are PAN card, GST registration certificate, business, personal, and address proof, proof of personnel, etc.  Additionally, he prepares the necessary legal documents and the company’s registration paperwork. Before submitting them, he ensures their accuracy and completeness for the application. 

Strategy 3: Register the MOU with the Training Institute

To ensure the future plans, such as his guards and supervisor, would get the proper training under the PSARA Act, he registered the MOU with the training institute. The PSARA-recognized training institute provided a registration certificate to him, which he used during the registration process.

Strategy 4: Application and Verification

After gathering the documents and registering with a government-recognized training institute, Rahul fulfilled the PSARA license application. He registered the application with his state’s controlling authority through the online website. The local police visited the premises for the background checks company and its directors.

Strategy 5: PSARA License Approval

Once the verification and background check process is complete, including the personal interview, the state’s controlling authority issues the security registration license. After that, the security agency, SecureGuard Services, gets the legal authorization to operate.

Strategy 6: Operational Deadline

By getting the legal status, he was able to start recruiting and deploying guards and marketing his services to clients. 

4. The Result After Securing the PSARA License

After the approval of a private security license, the SecureGuard Services Agency has become eligible to deploy the guards in India. With the legal authorization, the agency bid for government and corporate contracts. Being a PSARA-licensed agency, it gained the tag of professionalism that builds confidence with clients. 

5. What did you Learned From SecureGuard Services Agency’s Success?

It clearly discusses how Rahul faced the challenges during the start-up process. But, by meeting all the PSARA requirements with compliance, he easily gets the mandatory security license. To get a valid license, beyond the experience, compliance matters. By preparing the documents in advance, the police verification delays can be avoided. 

6. Final Discussion | SecureGuard Services, a PSARA-Licensed Agency

A start-up company can become a successful PSARA-licensed company by establishing a formal business entity. To start the process, the businesses are required to fulfill the PSARA registration license requirements. The mandatory process includes the police verification and training agreements. After the final submission, the state’s home department grants the PSARA security license. Check out the website LegalRaasta.com for more updates. 

Frequently Asked Questions

1. How long does it take for a PSARA license to be approved?

Ans. The process of the PSARA registration approval takes a minimum of 30 to 120 days, with an average of about 60 days. However, the exact timeline depends on the specific state legislation.

2. Is a physical inspection conducted after the license approval?

Ans. Yes, the licensed security agency is required to be available for any physical inspection of the agency’s premises. It is conducted by the district authorities.

3. Can I use the Delhi PSARA license in Haryana?

Ans. No, you cannot use your Delhi-based PSARA license in Haryana. This is because this license is state-specific. To operate the agency in Haryana, you are required to obtain a separate license.