I, _______________________________________, of legal age, Filipino, ____________, and presently residing at ________________ _________________________________________________, after having been duly sworn to in accordance with law, depose and state:
- I am presently engaged in a business under the name and style of Prime Choose Consultancy Services.
- The business is now aiming for expansion and is now attracting other investors in the process.
- To protect all the investors who are putting not an inconsiderable amount of capital, the plan is to change the present business organization from sole proprietorship to incorporation.
- Thus in so doing, the cancellation of the business registration in the Department of Trade and Industry is now properly called for.
- In changing the present organizational set- up, no creditors will be prejudiced because the business has no obligation arising from contract, other monetary claims and sources of obligation.
- I therefore have executed this Affidavit to attest the truth I mentioned herein and for whatever legal purposes it may serve.
IN WITNESS WHEREOF, I have hereunto set my hand this _____ day of __________ 20____ in ____________, __________, Philippines.