The Self Employment Affidavit is a crucial document in the Philippine legal and business landscape, designed to provide formal verification of an individual's self-employed status. It is commonly required when dealing with financial institutions, government agencies, or foreign entities that need official documentation of employment and income status. The document emerged from the need to provide self-employed individuals, freelancers, and independent contractors with a standardized way to prove their professional status and income, particularly in situations where traditional employment documentation is not applicable. The affidavit must comply with Philippine law, specifically addressing requirements under the National Internal Revenue Code, Social Security Act, and local government regulations. It serves multiple purposes, from supporting loan applications and visa requirements to establishing credibility for business transactions.
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1. Affiant Information: Personal details of the self-employed individual including full legal name, residence address, and government-issued ID numbers
2. Nature of Self Employment: Detailed description of the business or professional practice, including primary activities and services offered
3. Business Information: Details about the business including trade name (if any), business address, and duration of operation
4. Income Declaration: Statement of average monthly income or income range from self-employment activities
5. Regulatory Compliance: Declaration of compliance with relevant government regulations, including tax registration and local permits
6. Purpose of Affidavit: Specific purpose for which the affidavit is being executed (e.g., loan application, visa application, etc.)
7. Oath: Formal sworn statement affirming the truth of all declarations made in the document
8. Execution: Date, place of execution, and signature spaces for the affiant and notary public
1. Employment History: Previous employment details if relevant to establishing the transition to self-employment, used when proving length of self-employment is important
2. Business Assets: List of major business assets and investments, included when the affidavit is for financial purposes like loan applications
3. Client References: List of major clients or projects, used when the affidavit is for establishing business credibility
4. Professional Qualifications: Details of relevant professional licenses and certifications, included for regulated professions
5. Additional Revenue Sources: Declaration of other income sources besides primary self-employment, used for comprehensive financial documentation
1. Schedule A - Supporting Documents: List of attached supporting documents such as business registration, tax returns, or professional licenses
2. Schedule B - Income Documentation: Detailed breakdown of income sources and amounts, if required
3. Schedule C - Business Permits: Copies or details of relevant business permits and registrations
4. Appendix 1 - Government ID Information: Details and copies of government-issued identification documents
5. Appendix 2 - Tax Compliance Certificates: Copies of tax compliance certificates or relevant tax documentation
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