Paranaque - Apply for Business Retirement / Closure

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Procedure

Apply In-Person

1. You need to formally file an application that you are retiring or closing a business registered under Paranaque City Government. You must apply for the procedure to avoid any tax liabilities in the future. To do this you will need to fill out the Business Retirement Form. Please check out the "Documents to Use" section below. There you will find a link which you can use to download the said form.
2. Fill out the application form correctly and have it notarized.
3. File your application for business retirement / closure at the Business Permits and Licensing Office (BPLO).
4. Submit the notarized application form together with the current Mayor’s Permit Certificate (original).
5. The BPLO clerk receiving your documents will check if the requirements you are submitting are complete and correct.
6. Your application will be received and the clerk will notify you of the date when you can come back to the office to follow up your application.

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Required Documents

• Notarized retirement form
• Current Mayor's Permit

Office Locations & Contacts

Paranaque City Hall
San Antonio Ave, San Antonio,
Parañaque, 1700 Metro Manila

BPLO - Business Permit and Licensing Office
Phone: 8829-0852
Email: [email protected]

Eligibility

You may retire a business as long as your business does not have any outstanding taxes, fees, and charges payable to the local city government. Termination / retirement means that the business operation was stopped completely. Change in management and/or change of business name is not a valid ground to retire a business.

Fees

Explain the fees structure which is required for obtaining the certificate/document.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Business Retirement Form

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Please explain processing time taken in obtaining the document/certificate.

Related Videos

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites. 	
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Name of taxpayer/business name
• Current Mayor's Permit no.
• Address of business
• Line of business
• Reason for closure of business
• Gross sales for the current year

Need for the Document

Please provide the need for the procedure. e.g. Birth Certificate - why do we need to have a birth certificate? 
 

Information which might help

Because of what's happened with COVID 19 and with a lot of businesses forced to shut down due to lack of customers and not enough sales. Business owners must formally file an application to retire or close a business at their local city government. Stopping operation does not automatically terminate a business registration. As far as the Business Permit and Licensing Office of your local city government is concerned your business is still in operation and your business license/permit valid. A license is required to be renewed annually, that's the reason why business owners must officially retire a business in order to avoid any tax liabilities or penalties in the future.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Paranaque City Government

Others

More information which might help people.