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Tax Form
BIR Form 1905 Application for Registration Information Update
Documentary Requirements
1) Letter of request stating reason for termination of business
2) Original Certificate of Registration
3) Books of Accounts
4) Inventory List of Unused Receipts and Invoices
5) Unused Receipts and Invoices for cancellation
6) Board Resolution / Notice of Dissolution (if Corporation / Partnership)
Want to close your business? This section provides information on how to legally exit your
business.
Service of a written notice to the employees and the DOLE at least one (1) month before
the intended date of closure/cessation
Payment to the employees of termination pay amounting to at least one-half (1/2) month
pay for every year of service, or one (1) month pay whichever is higher, per Philippine
Labor Code mandate.
Documentary Requirements:
Books of Accounts
Death Certificate
Procedures:
1. Taxpayer applicant files BIR Form 1905, together with the attachments at the Revenue
District Office (RDO) where they are registered within ten (10) days from retirement of
business.
3. RDO verifies if taxpayer has open cases reflected in the Integrated Tax System (ITS). If
YES, ask taxpayer to submit required returns and pay the corresponding tax due/s and
penalties if any.
4. RDO verifies if taxpayer has delinquent cases at the Assessment, Collection, and Legal
Divisions of the Region.
5. RDO verifies if taxpayer has delinquent cases at the Collection Enforcement Division,
BIR National Office.
6. RDO requests for Letter of Authority to investigate internal revenue taxes for all un-
audited taxable years prior to cancellation of business.
7. Assigned Case officer conducts investigations for period/s covered in the issued Letter of
Authority.
8. Taxpayer complies with requirements of audit and pays corresponding deficiency taxes
resulting from audit using Form 0605.
10. RDO updates ITS and cancels TIN of taxpayer for non-individual taxpayer.
What are the requirements for Voluntary Cancellation (by the Sole Proprietor)?
Letter request signed by the owner
Affidavit of cancellation of the registered BN, stating the reason/s for the cancellation
and that the registered owner has no outstanding financial obligation at the time of
closure of establishment
Original copy of the BN certificate and the duplicate copy of the application form
(affidavit of loss if either the business name certificate and/or the duplicate copy of the
application form was lost)