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Starting a Security Business: If you are thinking about starting your own firm, a security agency business is a good option. This doesn’t require spending much money initially, and you can employ a lot of people. You can also make good profits from it. So, let us learn how to set up a security agency business. Do you need a license for it?

How to start a security agency?

As a security agency, you will need security personnel for all of your clients’ businesses. Hence, starting a security agency would make you an employer as well. A large office or a considerable amount of space is also not necessary to start a security agency. In fact, you can start a security agency business with a single room and a computer. It will also not cost you much to set it up.  

How do I obtain it?  

In order to establish a security agency, the agency must obtain a license as per the private security agency regulations act of 2005. It is also popularly known as PSARA. You cannot open a security agency without a license. To obtain a license, the first step is obtain a police verification.

In addition, there also needs to be a contract with an authority certified for security guards training by the State Controlling Authority.

What will be the fee?

To operate a security agency, there are additional license fees. In one district, there is a fee for the security agency license which is estimated to be Rs 5000. If security services are required for five districts, then the charge will presumably be Rs 10,000. In order to operate the agency throughout the state, as with the other licenses, the fee would be Rs 25,000. The agency, after receiving the license, is obligated to comply with all provisions of the Pasara Act.


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