
Kompany, 33, played his last diversion for the club in Saturday's 6-0 FA Cup last win over Watford.
The Belgian has played 360 recreations for City since joining from Hamburg in 2008, winning four Premier League titles, two FA Cups and four League Cups en route – including one of every this season.
Manchester City state a declaration on Kompany's future will be made inescapably.
Remarking on his choice, Kompany composed a letter to fans on Facebook, saying: "We've recently observed the end of a staggering season. My eleventh as a Blue. I can't trust I'm composing this however … additionally my last as a Blue.
"Endless of times have I envisioned this day, all things considered, the end has felt adjacent for such a large number of years. Despite everything it doesn't feel genuine. Man City has given me everything.
"As overpowering as it may be, the opportunity has arrived for me to go. What's more, what a season to bow out. I don't feel anything yet appreciation. I am appreciative to every one of the individuals who bolstered me on an exceptional adventure, at a unique club.
"I recollect the primary day, as clear as I see the last. I recollect the endless graciousness I got from the general population of Manchester.
"I will always remember how all Man City supporters stayed faithful to me in great occasions and particularly awful occasions. Against the chances you have constantly supported me and motivated me to never surrender.
"Sheik Mansour completely changed me and that of all the City fans far and wide, for that I am always thankful. A blue country has emerged and tested the set up request of things, I locate that magnificent.
"I value the advice and administration of a decent person, Khaldoon Al Mubarak. Man City couldn't be in better hands."
Man City director Al Mubarak has paid tribute to Kompany's gigantic commitment to the club's prosperity amid his 11 years at the Etihad Stadium.
"There have been numerous significant supporters of Manchester City's renaissance, yet apparently none could easily compare to Vincent Kompany.
"He characterizes the quintessence of the club. For 10 years he has been the backbone, the spirit, and pulsating heart of a remarkably capable squad. A blasting voice in the changing area yet a calm and apportioned represetative of it, Vincent can be as pleased with himself as we are of him.
"I don't know he expected to lift the Premier League trophy on four events amid his captaincy yet he will be recalled and venerated at whatever point this time of uncommon City achievement is spoken about by who and what is to come.
"His administration, knowledge and assurance have seen him adjust splendidly to playing under four unique administrators and beat some weakening wounds. He is an uncommon character who has addressed each interest the club has made of him."
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