Affidavit of Cessation of Business Operation
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
Doc. No. ;
Page No. ;
Book No. ;
Series of 2021.