Sub-sector: Foreign controlled non-financial corporations (S.11003)

2.31 Definition:

The sub-sector foreign controlled non-financial corporations consists of all non-financial corporations and quasi-corporations that are controlled (see paragraph 2.26.) by non-resident institutional units.

This sub-sector includes:

1. all subsidiaries of non-resident corporations;
2. all corporations controlled by a non-resident institutional unit that is not itself a corporation: for example, a corporation which is controlled by a foreign government; it includes corporations controlled by a group of non-resident units acting in concert;
3. all branches or other unincorporated agencies of non-resident corporations or unincorporated producers which are notional resident units to be treated as non-financial quasi-corporations.