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Guide on how to Become TStv Dealer | CAC Business Registration Process

#TStvAfrica

The launch of TStv Africa, a new pay Television operator, on October 1, 2017 to commemorate Nigeria’s Independence Day Celebration has opened another door of job opportunity to hundreds of Nigerians.

Whether directly or indirectly you can make money from TStv. One of the ways is to become a TStv dealer or installer in your community.

But TStv is setting standard for its prospective dealer. In this guide we’ll take you by hand on the registration requirements needed to become TStv accredited dealer in your state and community.

How to become TStv accredited dealer

Before you jump in, the requirements are:

  • You must have a registered business name
  • Registered business address
  • Type of business you’re into
  • Status of your business in terms of ownership and number of staff
  • Disclosure of sources of capital for your business
  • Corporate Affairs Commission (CAC) certificate
  • Photo of your office

Others are your phone number, email address, and the disclosure of your experience in PayTv sales.

Step 1:

Visit the official website of TStv, by the top right hand corner of the page, click on Become A Dealer

Step 2:

Three kinds of dealership are available: Super dealer, sub-dealer, and retailer. The super dealer is for those who want to buy and sell TStv decoders on a large scale. Super dealer could be described as a distributor because he has the money to invest into it. Office of a super dealer could serve as a depot, where decoders could be dispatched to other locations to other small buyers who resell.

Retailer is designed for SMEs who doesn’t have the huge capital to start on a large scale.

Step 3:

Fill the following details:

  • Your surname, first name and other name
  • Registered business name, and registered business address, telephone number, and your email address.

If you business isn’t registered there is a guide below on How to register your business

  • Number of owners of business
  • Type of business you’re into
  • How long your business has been in existence
  • Number of staff
  • Your source of finance
  • Your knowledge of the local government as far as PayTV is concerned
  • State if you have office space
  • City, state

Your PayTV experience, this is where Dstv, StarTimes, and GoTV dealers have advantage. And the number of installers you have.

Step 4:

Upload the necessary documents and photo like CAC certificate, CAC form 2, CAC form 7, your passport, and photo of your office.

Step 5:

Click on Submit to conclude your application process. You’ll be contacted about the status of your application.

Are you ready to be TStv dealer?

Begin your application here

Guide on how to Register your Business with Corporate Affairs Commission (Nigeria)

Step 1:

You’ll have to check the availability of the business name you have in mind. Run a check on the availability of proposed company name CHECK AVAILABILITY HERE

If you’re not ready to register your business name right away, it’s advisable to reserve your proposed business name

Step 2:

To reserve a new business name, you need to create a CAC account. Your National ID Number (NIN) is needed to create an account if you’re not an accredited agent registered with CAC. Check here to CREATE YOUR PERSONAL CAC ACCOUNT

Step 3:

Complete pre-registration form – CAC1.1 online otherwise download CAC pre-registration form

Step 4:

Pay filing fee to CAC

Pay the one that’s applicable to you:

S/N SUBJECT FEES in Naira ()
1 Reservation of Name N500.00
2 Registration of private company with share capital of N1million or less N10,000.00
3 Registration of private company/Increase in Share Capital above N1million and upto N500million N5,000.00 for every N1million share capital or part thereof
4 Registration of private company/Increase in share capital above N500million N7,500.00 for every N1million share capital or part thereof
5 Registration of Public company/Increase in share capital N20,000.00 for the first N1million share capital or part thereof
6 Registration of Public Company/Increase in share capitalabove N1million and upto N500million N10,000.00 for every N1million share capital or part thereof
7 Registration of Public Company/increase in share capital above N500million N15,000.00 for every N1million share capital or part thereof
8 Registration of Company not having a share capital N20,000.00
9 Filing of notice of exemption of foreign Companies from Registration N30,000.00
10 Re-instatement/Relisting of company name N25,000.00
11 Registration of charges for private company N10,000.00 for every N1million or part thereof
12 Registration of charges for public company N20,000.00 for every 1Million or part thereof
13 Filing of annual return for a small Company N2,000.00
14 Filing of annual return for Private company other than a small company N3,000.00
15 Filing of annual return for public company N5,000.00
16 Filing of annual return for company Limited by Guarantee N5,000.00
17 Filing of annual report by foreign companies N5,000.00
18 Filing of statement in form of schedule 14 under section 553 N10,000.00
19 Filing of notice of merger/acquisition N50,000.00
20 Filing of special resolution for merger N20,000.00
21 Filing of other documents relating to merger N10,000.00
22 Filing of statutory declaration of solvency N5,000.00
23 Registration of appointment of liquidator N10,000.00
24 Registration of resolution for winding up N10,000.00
25 Filing of return of final meeting and account of liquidation N5,000.00
26 Filing of notice of change of company name N10,000.00
27 Filing of notice of alteration of memorandum and articles of association N5,000.00
28 Filing of notice of changes in particulars of directors N2,000.00
29 Filing of return of allotment and or notice of change in shareholding N2,000.00
30 Filing of notice of change in registered address N2,000.00
31 Filing of notice of appointment of receiver N10,000.00
32 Filing of notice of discharge of receiver N5,000.00
33 Filing of notice of change of signature N2,000.00
34 Filing of notice of reduction in share capital by public company N20,000.00
35 Filing of notice of reduction in share capital by private company N10,000.00
36 Filing of deed of release by public company N10,000.00
37 Fiiling of deed of release by private company N5,000.00
38 Application for extension of time for holding of annual general meeting by public company N10,000.00
39 Application for extension of time for holding of annual general meeting by private company N5,000.00
40 Letter of Good Standing N10,000.00
41 Other filings (miscellaneous) N2,000.00
42 Certified true copy of certificate of registration N10,000.00
43 Certified true copies of memorandum and articles of association N3,000.00
44 Electronic Search N1,000.00per company
45 Manual Search by customers N2,000.00 per company file
46 Manual Search Report prepared by officers of the Commission N5,000.00
47 Certified true copies of other documents N2,000.00 per document
48 Consent for Restricted Names N5,000.00

Business Name

S/N SUBJECT FEES in Naira ()
50 Reservation of Name 500
51 Registration of business name 10,000.00
52 Filing of notice of change of business name 5,000.00
53 Filing of notice of change in business address 1,000.00
54 Filing of notice of change in proprietorship 1,000.00
55 Filing of annual return 1,000.00
56 Filing of notice of cessation of business 1,000.00
57 Filing of other documents (miscellaneous) 1,000.00
58 Search on business name file 1,000.00 per business name file
59 Certified true copy of business name certificate of registration 5,000.00
60 Certified true copies of other documents 2,000.00 per document

Incorporated Trustee

S/N SUBJECT FEES in Naira ()
61 Reservation of Name 500
62 Incorporation of trustees 30,000.00
63 Filing of notice of change of name 10,000.00
64 Filing of notice of change in trustees 10,000.00
65 Filing of notice of amendment of constitution 6,000.00
66 Filing of annual return 5,000.00
67 Filing of notice of court order for dissolution of incorporated trustees 5,000.00
68 Filing of other documents (miscellaneous) 1,000.00
69 Search on incorporated trustees file 2,000.00
70 Certified true copy of certificate of incorporation 10,000.00
71 Certifed true copy of constitution 5,000.00
72 Certified true copy of incorporation form 2,000.00
73 Certified true copies of other documents 2,000.00 per document

PENALTIES

Company

S/N SUBJECT FEES in Naira ()
1 Late filing of increase in share capital of public company 10,000
2 Late filing of increase in share capital of private company 5,000.00
3 Late filing of annual return for small company 3,000.00 per year
4 Late filing of annual return for a private company other than a small company 5,000.00 per year
5 Late filing of annual return for public company 10,000 per year
6 Late filing of annual return for Company Limited by Guarantee 5,000.00 per year
7 Late filing of statement in form of schedule 14 under section 553 100.00 per day for each director, company secretary and company
8 Late filing of notice of appointment of liquidator 5,000.00
9 Late filing of resolution for winding up 500.00 for each director and the company secretary
10 Late filing of notice of change of company name 5,000.00
11 Late filing of notice in alteration of memorandum and articles of association 5,000.00
12 Late filing of notice/deed of release 5,000
13 Late filing of notice of changes in particulars of directors 5,000.00
14 Late filing of return of allotment by public company 10,000.00
15 Late filing of return of allotment by private company 5,000.00
16 Late filing of notice of change in shareholding 5,000.00
17 Late filing of notice of change in registered address 50.00 per day for every director, company secretary and company
18 Late filing of charges by public company 10,000.00
19 Late filing of charges by private company 5,000.00
20 Late filing of other documents (miscellaneous) 5,000.00

Business Name

S/N SUBJECT FEES in Naira ()
21 Late filing of change of business name 50.00 per proprietor
22 Late filing of notice of change in business address 50.00 per proprietor
23 Late filing of notice of change in proprietorship 50.00 per proprietor
24 Late filing of annual return 2,500.00
25 Late filing of notice of cessation of business 1,000

Incorporated Trustees

S/N SUBJECT FEES in Naira ()
26 Late filing of annual return 5,000.00

FORMS
Company

S/N SUBJECT FEES in Naira ()
1 Set of incorporation forms 500.00
2 Others 100.00 per form

Business Name

S/N SUBJECT FEES in Naira ()
1 Registration form 250.00
2 Others 100.00 per form

Incorporated Trustees

S/N SUBJECT FEES in Naira ()
1 Set of incorporation forms 1,000.00
2 Others 100.00 per form
Accreditation 5,000.00

Step 5:

Pay Stamp duty fee to FIRS. Check FIRS Office Closer to you

Steps 3-5 can be completed on COMPANY REGISTRATION PORTAL (CRP)

Step 6:

Prepare the signed scan copy of your pre-registration documents for upload as follows:

    • Form CAC1.1
    • Memorandum and Article of Association (MEMART)
    • Proficiency certificate (where applicable)
    • Recognized form of identification for Director(s)/Subscriber(s) and Secretary
    • Stamp duty certificate
    • Evidence of payment to CAC

Step 7:

Upload the scanned documents for processing. (click here)

Step 8:

Submit the original copies of the documents uploaded at step 6 (Form CAC1.1, MEMART, etc) to the CAC office you had selected in exchange for your certificate and the Certified True copies of the documents.

That’s all

 

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