Register a Security Company

Steps to register a security company

  1. Incorporate a company with the Investment Promotion Authority (IPA) and have a Certificate of Incorporation issued by the Registrar of companies.
  2. Get a GST Compliance Certificate from the Internal Revenue Commission (IRC) by making a formal application.
  3. Complete a Company Profile
  4. Fill in Form 3 A- Application for Security License together with the Security Officers /Guards profile ( all guards will have separate profiles having their particulars)
  5. Pay the class of security License (e.g class B) together with guards Permit fees in to the Security Industries Account.(see below)
  6. Attach copies of the IPA Certificate of Incorporation, the GST compliance certificate, Company Profile, Form 3A and guards profile with bank deposits slip and present them to the Authority.
  7. A time limit of 7 days after the payment is made for vetting purposes before the security providers licenses and guards permits are signed by the Register and posted to clients or personally collected. All the guards permits and the security providers license are valid for 1 year from the date of issue.
  8. No security providers license and guards permits will be issued to clients for payments made by personal cheque until after the cheques are cleared by the bank as safety measure against fraudulent practices.
  9. There will be no part payments for security providers license and guards permits fees. And all fees shall be paid together in full.
  10. All security companies shall have a bank account similar to the names of their security companies to do business with the Security Industries Authority.

To promote good governance and transparency only companies registered with IPA and have GST compliance Certificate from IRC will be permitted to register a security company with the Security Industries Authority. There will be no part payments for license and permits fees. All cheque payments for licenses and permits will be issued only after the cheques are cleared by the bank as safety measure against fraudulent practices.

Current License and Guards permit fee schedule

  • Types of license
    Fees
  • Class A
  • 1
    6 to 50 employees
    K2,200.00
  • 2
    51 to 200 employees
    K5,500
  • 3
    201 and above
    K11,000
  • Class B
  • 1
    6 to 50 employees
    K1,100.00
  • 2
    51 to 200 employees
    K2,750
  • 3
    201 and above
    K5,500
  • Class C
  • 1
    6 to 50 employees
    K1,100.00
  • 2
    51 to 200 employees
    K2,750
  • 3
    201 and above
    K5,500

Security guards permit fees – K22 per head including 10% VAT inclusive

Take note: Late renewals upon notice subject to a penalty fee of
K 1, 000.00 annually.

Banking particulars

The Security Industries Authority does not collect cash or cheque from the clients and therefore advises all persons applying for security license and permits to first deposit their fees in to our bank account and thereafter bring the receipts to the Authority as a proof before a license and guards permits are processed and issued.

Payment Advice:

Direct Deposit Details:

Account Name: SECURITY INDUSTRIES AUTHORITY

  • Bank:
    Branch:
    Account Number:
    BSB Number:
  • ANZ
    Port Moresby
    12306989
    018-900
  • BSP
    Boroko
    1013987340
    088-943

Requirements

to register your company

  • IPA Compliance Certificate.
  • IPA Abstract of Company.
  • Completed Form 3A.
  • Company Profile.
  • Completed Security Guard Profile.
  • Applications will be considered upon full compliance only.
  • All Applicant are advised to have a valid reliable company email address and phone number

Minimum Wage requirements

The current government minimum wage requirement is K2.29 per hour but despite this it has been reported to the Authority by security guards from various companies that they were been paid below the K2.29 per hour. We advise the complainants to register their complaint with the Labor Department’s Industrial Section to investigate these type of allegations. Because the Security Industries Authority has no powers under the Security Protection Act to investigate such allegations and penalize offending security companies.

Request for Firearms by private security companies

The Security Protection Act 2004 does not empower the Registrar to issue firearms license to private security companies for security related duties. Despite this private security companies are still making presentations to the Registrar for approval to purchase weapons. The Registrar urges all security company owners to write direct to the Police Commissioner Who is the Registrar of Firearms under the Firearms Act or to enquire with the OIC Firearms section at the Police HQ Konedobu on Telephone 3226289.

Warning against engagement of unlicensed security companies and unpermitted guards

To promote transparency, good governance, and to protect the integrity of the industry the security industry players, service receivers and the general public are warned that it is an offence under Section 50 of the Security Protection Act 2004 to engage an unlicensed security company for business purposes.

It is also an offence under Section 51 of the Security Protection Act for person’s or entities to engage security guards without permits. And offences under section 50 and 51 carries a penalty of K1000 fine each. We therefore urge person (s) or entities intending to engage the services of private security companies for business purposes to first contact the Security Industries Authority staff to ensure that the security company(s) they intent to engage are licensed and have permits issued to all their employed guards.