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OUT OF BUSINESS NOTIFICATION FORM FORM OB REV 7/30/2013 CITY OF PORTLAND BUSINESS LICENSE TAX & MULTNOMAH COUNTY BUSINESS INCOME TAX 111 SW COLUMBIA, SUITE 600, PORTLAND OR 97201 Office: 5038235157
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How to Fill Out Out of Business Notification:

01
Obtain the required form: Begin by acquiring the specific Out of Business Notification form from the appropriate government agency or organization. This form will typically be available either online or at their physical office. Ensure that you have the most up-to-date version of the form.
02
Provide your business information: Fill in the necessary details of your business on the form. This may include your business name, address, contact information, and any other identifying information requested.
03
State the reason for closure: Clearly indicate the reason for submitting the Out of Business Notification. This could be due to bankruptcy, retirement, change in ownership, or any other relevant circumstance. Be concise and specific in explaining the reason for the closure.
04
Add supporting documentation: If required, attach any supporting documentation that may be requested. This could include legal paperwork, financial statements, or any other documents that provide evidence or context for the closure of your business.
05
Date and sign the form: Provide the date of submission at the appropriate section of the form and ensure that it is signed by the authorized person or owner of the business. This signature signifies that the information provided is true and accurate to the best of your knowledge.
06
Submit the form: Once you have completed filling out the Out of Business Notification form and attached any necessary documentation, submit it to the designated government agency or organization. Follow the instructions provided on the form or on their website for submission methods, such as in-person delivery, mailing, or online submission.

Who Needs Out of Business Notification:

01
Business owners: Any individual or entity that operates a business and intends to cease its operations permanently or temporarily needs to file an Out of Business Notification. This includes sole proprietors, partnerships, corporations, limited liability companies (LLCs), and any other business structure.
02
Government agencies: Local, state, or federal government agencies often require businesses to submit an Out of Business Notification to maintain accurate records and to ensure legal compliance. Failure to submit this notification when required can lead to penalties and legal consequences.
03
Regulatory bodies and licensing agencies: Businesses in regulated industries, such as healthcare, finance, or transportation, may need to file an Out of Business Notification with the appropriate regulatory body or licensing agency. This ensures that any permits, licenses, or certifications associated with the business are properly suspended or terminated.
It is important to consult with the specific government agencies, regulatory bodies, or licensing agencies relevant to your industry and location to understand their specific requirements for filing an Out of Business Notification.
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Out of business notification is a formal notice that a business is closing or ceasing its operations.
All businesses that are closing or ceasing operations are required to file an out of business notification.
Out of business notification can usually be filled out online or submitted in writing to the relevant authority.
The purpose of out of business notification is to inform the authorities, creditors, and other stakeholders that a business is closing down.
Information such as the business name, address, date of closure, reason for closure, and contact information of the business owner may need to be reported on out of business notification.
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