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This affidavit certifies compliance with the Iran Economic Sanctions Act for bids in Michigan, ensuring eligibility and non-connection to Iran-linked businesses.
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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 the Iran business relationship affidavit form.
02
Fill in your personal details such as full name, address, and contact information.
03
Provide details about your business relationship with Iran, including the nature of the relationship and the duration.
04
Sign and date the affidavit in the presence of a notary public.
05
Submit the completed affidavit as required by the relevant authority.

Who needs iran business relationship affidavit?

01
Individuals or businesses who are engaging in business activities 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 businesses must file to disclose their connections or transactions with Iran, in compliance with U.S. laws regulating business activities with nations subject to sanctions.
Any business entity that has engaged in certain transactions or has established a business relationship with Iran is required to file the Iran Business Relationship Affidavit.
To fill out the Iran Business Relationship Affidavit, businesses must complete the required form, providing necessary details about their relationship with Iran, including the nature of the transactions and any relevant dates, and submit it to the appropriate government authority.
The purpose of the Iran Business Relationship Affidavit is to ensure transparency and compliance with U.S. sanctions laws by requiring businesses to disclose any connections to Iran.
The affidavit must report information including the type of business relationship or transaction with Iran, the duration of the relationship, and any relevant financial data or contractual obligations.
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