Eligibility Criteria to obtain PSARA License

Business Organizations that are eligible for obtaining PSARA Licenses are given below-

Sole Proprietorship Businesses

One Person Company

Partnership firms and Limited Liability Partnership companies or firms

Various Associations

Private Limited Company etc.

Eligibility criteria for the role of Director and principal officers are as follow

He must be an India Citizen.

He must be a major or attained the age of majority

He must have sufficient financial resources to run the business

He must have a clean-handed or innocent track record