Classification of Sectors 2023

S.11103 Non-financial corporations, excl. housing corporations, foreign controlled

The sub-sector foreign-controlled non-financial corporations consists of all non-financial corporations and quasi-corporations that are controlled by non-resident institutional units.

This sub-sector includes:
• Subsidiaries of non-resident corporations;
• Corporations controlled by a foreign government or a group of non-resident units;
• Branches or other unincorporated agencies of non-resident corporations (notional resident units).

This group does not include such non-financial corporations where the share of ownership of a single non-resident unit is under 50 per cent, although the combined non-resident owner base would exceed this limit. [0]


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