How do I start my own security agency?

Documents required for PSARA license: Once you have checked the eligibility for PSARA license, the next step is to gather all the required documents:

1. Certificate of Incorporation of company or LLP.
2. Detailed armed License.
3. MOA & AOA of the partnership deed.
4. Affidavit as per PSARA act.
5. Ownership proof for a place of business.

How much does it cost to open a security agency?

You can hire a small rental space for about 5,000 to 10,000 rupees to start up your business. You would need to train the employees through authorized training centres. The training cost can vary from 5,000 rupees to 30,000 rupees. The major investments would be the assets including arms, tracking devices and others.

Can you work for 2 security companies at the same time?

While many employers will not have an issue with you working for more than one security company, there are some employers that ask you not to do so. It can also be challenging for the security companies you work for to schedule you for shifts. One security company does not have access to your schedule at another.

How do I register a security company in South Africa?

In order to start a security company you will need to register with the Private Security Regulatory Authority (PSIRA). This is one of the governing bodies of private security companies in South Africa. You will have to pay a registration fee and complete an exam to determine your competence level.

How do security agencies work?

Activities the agency is involved in

• Enforce rules and regulations.
• Respond to threats and Emergencies.
• Monitor CCTV cameras.
• Conduct security checks.
• Personal security.
• Home security.
• Automobile security.
• Event security.

How much does it cost to hire a security company in South Africa?

“Each bodyguard costs R71,000 a month, a rented car R22 000, and a driver R35,000,” the paper reported.

How much does it cost to register a security company in South Africa?

You must pay registration fees at the Private Security Regulatory, and this includes: R2,280 and then sit a writing exam. R1,710 assessment fee. R520 Annual renewal fee.

Is a security company profitable?

Security companies can generate approximately $40,000-$60,000 per security guard, per year. If you hire a team of 5 security guards at startup, then you may be able to clear $300,000 in revenue. Net profits vary based on your insurance costs, labor costs, and regulatory costs in your state.

How do I know if my security company is registered with Psira?

To check if a company is registered before you purchase security for your home, visit or contact your nearest PSIRA branch.