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This affidavit certifies compliance with the Iran Economic Sanctions Act for bids in Michigan, ensuring businesses are not Iran linked.
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How to fill out iran business relationship affidavit

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How to fill out iran business relationship affidavit

01
Obtain a copy of the Iran business relationship affidavit form from the appropriate source.
02
Fill out the personal information section with your name, address, and contact information.
03
Provide details about your business relationship with Iran, including the nature of the relationship, duration, and frequency of contacts.
04
Sign and date the affidavit in the presence of a notary public or other authorized official.
05
Submit the completed affidavit to the relevant parties or authorities as required.

Who needs iran business relationship affidavit?

01
Individuals or entities engaging in business transactions with Iran may need to fill out an Iran business relationship affidavit.
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The Iran Business Relationship Affidavit is a legal document that certifies that a person or entity is not engaged in business activities with Iran, complying with U.S. federal law and regulations regarding trade and sanctions.
Individuals and businesses that engage in certain activities that could relate to trade, investment, or financial transactions with Iran are typically required to file the Iran Business Relationship Affidavit.
To fill out the affidavit, individuals must provide their personal or business information, declare the nature of their business activities, and certify their compliance with U.S. laws regarding Iran.
The purpose of the affidavit is to demonstrate compliance with U.S. sanctions and to provide transparency regarding business relationships with Iran, helping to prevent illegal trade.
The affidavit must include information such as the name and contact details of the filer, the nature of business activities, and a statement affirming no prohibited relationships with Iran.
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Grand Rapids Public Schools Iran Economic Sanctions Act Michigan legislation Iran linked business affidavit certification bids and proposals public school compliance civil penalty certification business relationship affidavit Michigan P.A. 517

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