diff --git a/corporate/views.py b/corporate/views.py
index edf2cb9ea9..67775e274f 100644
--- a/corporate/views.py
+++ b/corporate/views.py
@@ -185,6 +185,7 @@ def billing_home(request: HttpRequest) -> HttpResponse:
                 CustomerPlan.PLUS: 'Zulip Plus',
             }[plan.tier]
             free_trial = plan.status == CustomerPlan.FREE_TRIAL
+            downgrade_at_end_of_cycle = plan.status == CustomerPlan.DOWNGRADE_AT_END_OF_CYCLE
             licenses = last_ledger_entry.licenses
             licenses_used = get_latest_seat_count(user.realm)
             # Should do this in javascript, using the user's timezone
@@ -201,6 +202,7 @@ def billing_home(request: HttpRequest) -> HttpResponse:
                 'plan_name': plan_name,
                 'has_active_plan': True,
                 'free_trial': free_trial,
+                'downgrade_at_end_of_cycle': downgrade_at_end_of_cycle,
                 'licenses': licenses,
                 'licenses_used': licenses_used,
                 'renewal_date': renewal_date,
@@ -209,6 +211,7 @@ def billing_home(request: HttpRequest) -> HttpResponse:
                 'charge_automatically': charge_automatically,
                 'publishable_key': STRIPE_PUBLISHABLE_KEY,
                 'stripe_email': stripe_customer.email,
+                'CustomerPlan': CustomerPlan,
             })
 
     return render(request, 'corporate/billing.html', context=context)
diff --git a/frontend_tests/node_tests/billing.js b/frontend_tests/node_tests/billing.js
index ea852b15e8..f7e149aff3 100644
--- a/frontend_tests/node_tests/billing.js
+++ b/frontend_tests/node_tests/billing.js
@@ -20,16 +20,22 @@ set_global('$', global.make_zjquery());
 
 run_test("initialize", () => {
     let token_func;
+
+    let set_tab_called = false;
     helpers.set_tab = (page_name) => {
         assert.equal(page_name, "billing");
+        set_tab_called = true;
     };
 
+    let create_ajax_request_called = false;
     helpers.create_ajax_request = (url, form_name, stripe_token) => {
         assert.equal(url, "/json/billing/sources/change");
         assert.equal(form_name, "cardchange");
         assert.equal(stripe_token, "stripe_token");
+        create_ajax_request_called = true;
     };
 
+    let open_func_called = false;
     const open_func = (config_opts) => {
         assert.equal(config_opts.name, "Zulip");
         assert.equal(config_opts.zipCode, true);
@@ -40,13 +46,16 @@ run_test("initialize", () => {
         assert.equal(config_opts.email, "{{stripe_email}}");
 
         token_func("stripe_token");
+        open_func_called = true;
     };
 
+    let stripe_checkout_configure_called = false;
     StripeCheckout.configure = (config_opts) => {
         assert.equal(config_opts.image, '/static/images/logo/zulip-icon-128x128.png');
         assert.equal(config_opts.locale, 'auto');
         assert.equal(config_opts.key, '{{publishable_key}}');
         token_func = config_opts.token;
+        stripe_checkout_configure_called = true;
 
         return {
             open: open_func,
@@ -59,11 +68,28 @@ run_test("initialize", () => {
 
     jquery_init();
 
+    assert(set_tab_called);
+    assert(stripe_checkout_configure_called);
     const e = {
         preventDefault: noop,
     };
-    const click_handler = $('#update-card-button').get_on_handler('click');
-    click_handler(e);
+    const update_card_click_handler = $('#update-card-button').get_on_handler('click');
+    update_card_click_handler(e);
+    assert(create_ajax_request_called);
+    assert(open_func_called);
+
+    create_ajax_request_called = false;
+    helpers.create_ajax_request = (url, form_name, stripe_token, numeric_inputs) => {
+        assert.equal(url, "/json/billing/plan/change");
+        assert.equal(form_name, "planchange");
+        assert.equal(stripe_token, undefined);
+        assert.deepEqual(numeric_inputs, ["status"]);
+        create_ajax_request_called = true;
+    };
+
+    const change_plan_status_click_handler = $('#change-plan-status').get_on_handler('click');
+    change_plan_status_click_handler(e);
+    assert(create_ajax_request_called);
 });
 
 run_test("billing_template", () => {
diff --git a/static/js/billing/billing.js b/static/js/billing/billing.js
index 15e1978ae6..cf3cbf8bdc 100644
--- a/static/js/billing/billing.js
+++ b/static/js/billing/billing.js
@@ -24,6 +24,11 @@ exports.initialize = function () {
         });
         e.preventDefault();
     });
+
+    $("#change-plan-status").on('click', function (e) {
+        helpers.create_ajax_request("/json/billing/plan/change", "planchange", undefined, ["status"]);
+        e.preventDefault();
+    });
 };
 
 window.billing = exports;
diff --git a/static/styles/portico/billing.scss b/static/styles/portico/billing.scss
index 6a16112008..f0e9910931 100644
--- a/static/styles/portico/billing.scss
+++ b/static/styles/portico/billing.scss
@@ -177,6 +177,7 @@
         display: none;
     }
 
+    #planchange-loading,
     #cardchange-loading,
     #invoice-loading,
     #autopay-loading {
@@ -186,6 +187,7 @@
     }
 
 
+    #planchange-success,
     #cardchange-success,
     #invoice-success,
     #autopay-success {
@@ -193,6 +195,7 @@
         display: none;
     }
 
+    #planchange-error,
     #cardchange-error,
     #invoice-error,
     #autopay-error {
@@ -221,12 +224,14 @@
         stroke: hsl(0, 0%, 100%);
     }
 
+    #planchange_loading_indicator,
     #cardchange_loading_indicator,
     #invoice_loading_indicator,
     #autopay_loading_indicator {
         margin: 10px auto;
     }
 
+    #planchange_loading_indicator_box_container,
     #cardchange_loading_indicator_box_container,
     #invoice_loading_indicator_box_container,
     #autopay_loading_indicator_box_container {
@@ -234,6 +239,7 @@
         left: 50%;
     }
 
+    #planchange_loading_indicator_box,
     #cardchange_loading_indicator_box,
     #invoice_loading_indicator_box,
     #autopay_loading_indicator_box {
@@ -244,6 +250,7 @@
         border-radius: 6px;
     }
 
+    #planchange_loading_indicator .loading_indicator_text,
     #cardchange_loading_indicator .loading_indicator_text,
     #invoice_loading_indicator .loading_indicator_text,
     #autopay_loading_indicator .loading_indicator_text {
diff --git a/templates/corporate/billing.html b/templates/corporate/billing.html
index bf53b58124..485fb14068 100644
--- a/templates/corporate/billing.html
+++ b/templates/corporate/billing.html
@@ -23,6 +23,7 @@
                 <ul class="nav nav-tabs" id="billing-tabs">
                     <li class="active"><a data-toggle="tab" href="#overview">Overview</a></li>
                     <li><a data-toggle="tab" href="#payment-method">Payment Method</a></li>
+                    <li><a data-toggle="tab" href="#settings">Settings</a></li>
                 </ul>
 
                 <input type="hidden" name="csrfmiddlewaretoken" value="{{ csrf_token }}">
@@ -39,6 +40,8 @@
                                 {% if free_trial %}
                                 Your plan will be upgraded to <strong>{{ plan_name }}</strong> on <strong>{{ renewal_date }}</strong> for
                                 <strong>${{ renewal_amount }}</strong>.
+                                {% elif downgrade_at_end_of_cycle %}
+                                Your plan will be downgraded to <strong>Zulip Limited</strong> on <strong>{{ renewal_date }}</strong>.
                                 {% else %}
                                 Your plan will renew on <strong>{{ renewal_date }}</strong> for
                                 <strong>${{ renewal_amount }}</strong>.
@@ -75,6 +78,49 @@
                             Card updated. The page will now reload.
                         </div>
                     </div>
+                    <div class="tab-pane" id="settings">
+                        <div id="planchange-error" class="alert alert-danger"></div>
+                        <div id="planchange-input-section">
+                            <form id="planchange-form">
+                                <h3>Downgrade</h3>
+                                {% if free_trial %}
+                                    <p>
+                                        End Free Trial and downgrade plan to <strong>Zulip Limited</strong>.
+                                    </p>
+                                    <input name="status" type="hidden" value="{{ CustomerPlan.ENDED }}" />
+                                    <button class="btn-danger" id="change-plan-status">End free trial</button>
+                                {% else %}
+                                    {% if downgrade_at_end_of_cycle %}
+                                    <p>
+                                        You plan is scheduled for downgrade on <strong>{{ renewal_date }}</strong>.
+                                    </p>
+                                    <input name="status" type="hidden" value="{{ CustomerPlan.ACTIVE }}" />
+                                    <button class="btn-info" id="change-plan-status">Cancel downgrade</button>
+                                    {% else %}
+                                    <p>
+                                        Downgrade to <strong>Zulip Limited</strong> at the end of current billing period.
+                                    </p>
+                                    <input name="status" type="hidden" value="{{ CustomerPlan.DOWNGRADE_AT_END_OF_CYCLE }}" />
+                                    <button class="btn-danger" id="change-plan-status">Start downgrade process</button>
+                                    {% endif %}
+                                {% endif %}
+                            </form>
+                        </div>
+                        <div id="planchange-loading">
+                            <div class="zulip-loading-logo">
+                                <svg xmlns="http://www.w3.org/2000/svg" width="100%" height="100%" viewBox="0 0 40 40" version="1.1">
+                                    <g transform="translate(-297.14285,-466.64792)">
+                                        <circle cx="317.14285" cy="486.64792" r="19.030317" style="stroke-width:1.93936479;"/>
+                                        <path d="m309.24286 477.14791 14.2 0 1.6 3.9-11.2 11.9 9.6 0 1.6 3.2-14.2 0-1.6-3.9 11.2-11.9-9.6 0z"/>
+                                    </g>
+                                </svg>
+                            </div>
+                            <div id="planchange_loading_indicator"></div>
+                        </div>
+                        <div id="planchange-success" class="alert alert-success">
+                            Plan updated. The page will now reload.
+                        </div>
+                    </div>
                     <div class="tab-pane" id="loading">
                     </div>
                 </div>
diff --git a/tools/check-templates b/tools/check-templates
index c028672cce..ca905640a4 100755
--- a/tools/check-templates
+++ b/tools/check-templates
@@ -69,6 +69,7 @@ def check_html_templates(templates: Iterable[str], all_dups: bool, fix: bool) ->
             'register',
             'footer',
             'charged_amount',
+            'change-plan-status',
             # Temporary while we have searchbox forked
             'search_exit',
             'search_query',