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Grupo De Administracion Empresarial S.A.

On the SDN listEntityCUBACUBA-EO14404

Grupo De Administracion Empresarial S.A. (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: CUBA, CUBA-EO14404. Addresses on file in: Cuba. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Cuba has 77 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Havana are listed below.

Sanctions programs

Cuba (Cuban Assets Control Regulations) CUBA

U.S. embargo on Cuba, in place since the 1960s. It prohibits, unless authorized, most transactions by U.S. persons with Cuba and designated Cuban entities.

CUBA-EO14404 CUBA-EO14404

OFAC sanctions program identified by the tag CUBA-EO14404. Its scope and legal basis are described on the sanctions programs page of OFAC's website.

Also known as

  • GAESA · aka

Addresses on file

  • Edificio de la Marina, Avenida Del Puerto Y Brapia, Havana, Cuba

OFAC remarks

Organization Established Date 28 Feb 1999; Organization Type: Activities of holding companies; Entity Code 60446 (Cuba); a.k.a. 'GRUPO GAE'.

Other sanctioned entities in Havana

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Grupo De Administracion Empresarial S.A. is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Grupo De Administracion Empresarial S.A.?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.