diff --git a/CHANGELOG.md b/CHANGELOG.md
index f444773e..3f122d2d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 
 ## [Unreleased]
 
+## [1.16.0] - 2022-10-26
+
 ### Added
 
 - Added the state registration field to the cost center UI
diff --git a/manifest.json b/manifest.json
index 541baa58..aed174fa 100644
--- a/manifest.json
+++ b/manifest.json
@@ -1,7 +1,7 @@
 {
   "name": "b2b-organizations",
   "vendor": "vtex",
-  "version": "1.15.0",
+  "version": "1.16.0",
   "title": "B2B Organizations",
   "description": "App to create and manage B2B Organizations and Cost Centers",
   "mustUpdateAt": "2022-08-28",
diff --git a/react/package.json b/react/package.json
index 1be9e213..3f3a1991 100644
--- a/react/package.json
+++ b/react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "vtex.b2b-organizations",
-  "version": "1.15.0",
+  "version": "1.16.0",
   "license": "UNLICENSED",
   "scripts": {
     "test": "vtex-test-tools test --passWithNoTests"