Mantra Tax And Legal Consultancy

PSARA License is a prerequisite before any person starts a private security business in India. The Private Security Agency means an entity which involves in the business of providing Security Guards and other related services at an establishment as an alternate to the police. The operation of the private security agencies are governed by The Private Security Agencies Regulation Act, 2005, popularly known as PSARA.

After the enactment of the PSARA (act), it is mandatory for an security agency to obtain Licence from the State Controlling Authority Concerned prior to commencing the business and in case of non compliance the law provides for stringent penal consequences. The application for license to start a private security agency is made to the competent authority if the state. The PSARA License is issued to operate in one or more district of a particular state or for the entire state.

Our firm has made unbelievable breakthrough in the providing Company Registration Services. Attributed for its flexibility and reliability, these services are broadly demanded. Clients can acquire these services at most affordable rates.

NGOs can be registered in India under any of the following laws:

a. Trust under Indian Trusts Act, 1882
b. Society under Societies Registration Act 1860
c. Section 8 Company under Companies Act, 2013

The main purpose of establishing a  company as a Section 8 company is to promote non profit objectives such as trade, commerce, arts, charity, education, religion, environment protection, social welfare, sports, research, etc. The profits/incomes of the company if any, are applied towards promoting the objectives of the company and are not distributed as dividends to its shareholders.

A minimum of two directors is required if the Section 8 company is to be incorporated as a private limited company, and a minimum of three directors in case of incorporation as a public limited company. The maximum number of members is 200 in case of a private limited company, whereas for a public limited company, there is no such limit.

Also, there is no requirement of minimum paid-up capital in case of a Section 8 company.

NGO can be registered in India under any of the following laws:

• Trust under Indian Trusts Act, 1882
• Society under Societies Registration Act 1860
• Section 8 Company under Companies Act, 2013

The main purpose of establishing a  company as a Section 8 company is to promote non-profit objectives such as trade, commerce, arts, charity, education, religion, environment protection, social welfare, sports, research, etc. The profits/incomes of the company if any, are applied towards promoting the objectives of the company and are not distributed as dividends to its shareholders.

A minimum of two directors is required if the Section 8 company is to be incorporated as a private limited company, and a minimum of three directors in case of incorporation as a public limited company. The maximum number of members is 200 in case of a private limited company, whereas for a public limited company, there is no such limit.

Also, there is no requirement of minimum paid-up capital in case of a Section 8 company.

NGOs can be registered in India under any of the following laws:

a. Trust under Indian Trusts Act, 1882
b. Society under Societies Registration Act 1860
c. Section 8 Company under Companies Act, 2013

The main purpose of establishing a  company as a Section 8 company is to promote non-profit objectives such as trade, commerce, arts, charity, education, religion, environment protection, social welfare, sports, research, etc. The profits/incomes of the company if any, are applied towards promoting the objectives of the company and are not distributed as dividends to its shareholders.

A minimum of two directors is required if the Section 8 company is to be incorporated as a private limited company, and a minimum of three directors in case of incorporation as a public limited company. The maximum number of members is 200 in case of a private limited company, whereas for a public limited company, there is no such limit.

Also, there is no requirement of minimum paid-up capital in case of a Section 8 company.