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Affidavit of Closure of Business - Template Form

✓ Designed for use in Philippines

Create your Affidavit of Closure of Business for use in Philippines. Answer a few plain-English questions and the document fills in automatically as you go - then download it in Word and PDF, ready to sign or share.

  • Answer 28 simple questions - the document fills in as you go
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  1. 1Answer a few simple questions
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  3. 3Pay once - download in Word & PDF

Below you can preview the Affidavit of Closure of Business, complete it by answering a few plain-English questions, and download a ready-to-sign copy in Word and PDF - tailored for use in Philippines.

Frequently asked questions

What is a Affidavit of Closure of Business?

A Affidavit of Closure of Business is a ready-to-use legal template for Philippines. You complete it by answering a few plain-English questions, then download the finished document in Word and PDF.

What formats can I download?

You can download your completed Affidavit of Closure of Business as an editable Microsoft Word (.docx) file and as a PDF.

Can I edit the document later?

Yes - save it to your account and you can re-open, edit and re-download it at any time.

Is a Affidavit of Closure of Business legally binding?

Once it is properly completed and signed by everyone involved, a Affidavit of Closure of Business is generally legally binding in Philippines, provided it meets the legal requirements that apply to this type of document.

What laws apply to a Affidavit of Closure of Business in Philippines?

A Affidavit of Closure of Business should comply with the laws in force in Philippines. This template is built around the provisions such situations commonly require, but the rules can vary by region and change over time, so check the current requirements for your case.

Do I need a lawyer to use a Affidavit of Closure of Business?

For most standard situations you can complete the Affidavit of Closure of Business yourself using the guided questionnaire. For high-value, unusual or high-risk matters, it is sensible to have a qualified lawyer review the finished document.

How do I sign the Affidavit of Closure of Business?

Download the completed Affidavit of Closure of Business as Word or PDF and sign it as required in Philippines. Depending on the document this may involve a handwritten or electronic signature, and some documents also need witnesses.

Is the Affidavit of Closure of Business free?

You can preview the Affidavit of Closure of Business and fill it in for free. A one-time fee applies only when you download the finished, ready-to-sign document in Word and PDF.

How long does it take to complete a Affidavit of Closure of Business?

Most people finish the Affidavit of Closure of Business in just a few minutes by answering the plain-English questions. You can save your progress and come back to it at any time.

Prepared and reviewed by the LegalDocs team.

Document preview

REPUBLIC OF THE PHILIPPINES

CITY/MUNICIPALITY OF ________ )

PROVINCE OF ________ ) S.S.


AFFIDAVIT OF CLOSURE OF BUSINESS OF

________


I, ________, of legal age, Filipino, single, with Taxpayer Identification Number (TIN) ________, and presently residing at ________, after having been duly sworn to in accordance with law, do hereby depose and state THAT:

§ 1. I am the sole proprietor and absolute owner of a single proprietorship business duly registered under the trade name ________ (the egistal place of business at ________;

§ 2. The Business Name was registered with the Department of Trade and Industry (DTI) pursuant to Act No. 3883, as amended by Republic Act No. 863 and Republic Act No. 4147, under Business Name Registration Certificate No. ________, issued on ________;

§ 3. The Business was issued a Business Permit/Mayor's Permit on ________ by the Office of the Mayor of ________, under Permit No. ________, pursuant to the Local Government Code of 1991 (Republic Act No. 7160);

§ 4. The Business was registered with the Bureau of Internal Revenue (BIR) on ________, in accordance with Section 236 of the National Internal Revenue Code of 1997, as amended, under Certificate of Registration OCN No. ________;

§ 5. The Business has permanently ceased, closed, and terminated all of its commercial operations effective ________;

§ 6. The closure and cessation of the Business is occasioned by the fact that the undertaking shall no longer be operated as a single proprietorship but shall henceforth be conducted as a partnership duly organized and registered with the Securities and Exchange Commission;

IN WITNESS WHEREOF, I have hereunto set my hand this ________ day of ________, at ________.



________
Affiant

SUBSCRIBED AND SWORN TO before me this ________ day of ________, in the City/Municipality of ________, Province of ________, by the affiant ________, who is personally known to me or who has exhibited to me the following competent evidence of identity in accordance with the 2004 Rules on Notarial Practice: ________, and who I am satisfied is the same person who personally appeared before me and acknowledged that the foregoing Affidavit is his/her own free and voluntary act and deed.



________
NOTARY PUBLIC

Doc. No.: ________;
Page No.: ________;
Book No.: ________;
Series of ________.

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Fields you complete are inserted into the document live. This template is general guidance only - not legal advice.