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Affidavit of Cessation of Business Operation

The affidavit certifies that XYZ Corp. ceased business operations effective December 31, 2020 due to poor economic conditions from the pandemic, as approved by the board and stockholders. The president signed the affidavit to comply with government requirements regarding the cessation.

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rachel riego de dios
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77 views1 page

Affidavit of Cessation of Business Operation

The affidavit certifies that XYZ Corp. ceased business operations effective December 31, 2020 due to poor economic conditions from the pandemic, as approved by the board and stockholders. The president signed the affidavit to comply with government requirements regarding the cessation.

Uploaded by

rachel riego de dios
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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AFFIDAVIT OF CESSATION OF BUSINESS OPERATION

            I, Mr. A, of legal age, single, Filipino citizen, and presently residing at ____________________,
after having been duly sworn to in accordance with law, do hereby depose and say:

1. That I am the President of XYZ Corp. (the “Company”) with principal office address at
_______________________________ and with a branch office at ______________;

2.   That said branch office in ________________ is registered with the Bureau of Internal Revenue
(BIR) on ____________ with Certificate of Registration OCN No. _______;

3.   That the Company had already ceased operations, in good faith, effective December 31, 2020
pursuant to a board resolution passed by the Board of Directors and approved by the
stockholders in a meeting held on __________________due to poor business conditions brought
about by the pandemic;

4.   That I am executing this affidavit to attest to the truth of all the foregoing statements and for the
purpose of complying with the government requirements on the matter.

IN WITNESS WHEREOF, I have hereunto set my hand this ____ day of ______________ at
______________, Philippines.

                                                                                    ____________________
AFFIANT

Republic of the Philippines )


) S.S

SUBSCRIBED AND SWORN to this day of affiant exhibiting to me her


______________ issued on _________________ at ____________________.

Doc. No. ;
Page No. ;
Book No. ;
Series of 2021.

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