Southeast Asia Development Company Limited received Investment Certificate No. 011022002901 to replace Investment Certificate No. 011023001116 dated June 7, 2011 issued by the Ha Noi People’s Committee. The company registered for increasing charter capital, changing abbreviated name, passport information and address of investors (also known as legal representatives). Four US investors are Roger Hayes Ford, James Marshall Price, Ryan Hayes Ford, Jeffery Hilton Claflin and two Vietnamese investors are Do Nhu Lam, Nguyen Thi Ngoc Han.
Project purposes include investment advisory; management consultancy (excluding legal advice and financial advice); information technology services (excluding design in the field of information technology, warranty, maintenance, network and information security; distribution of information technology products; IT training and authentication of electronic signatures); software design.
Project location is 21st floor of Captial Tower Building at 109 Tran Hung Dao Street, Cua Nam Ward, Hoan Kiem District, Ha Noi.
During project implementation, the company must comply with legal regulations, regulations on Investment Certificate, environment protection, fire prevention, work safety and other issues. It is also under supervision of competent state authority and follow regulations on supervision and assessment of the Government.
For conditional business and investment, the company is allowed to run business only when it has license/ equivalent documents issued by managing authorities or meets requirements according to the law.
The company submits regular report to the Authority of Plan and Investment, Statistics Office and takes responsibility for accuracy of the report.
It is also responsible for accuracy of information about headquarter, project location and project purposes. The lessee and lessor must sign and follow contract; state management agencies do not resolve disputes that may arise between the parties.