Definition: Ancillary corporation

Category: SNA 1993

An ancillary corporation is a subsidiary corporation, wholly owned by a parent corporation, whose productive activities are ancillary in nature: that is, they are strictly confined to providing services to the parent corporation, or other ancillary corporations owned by the same parent corporation. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf OECD Benchmark Definition of Foreign Direct Investment, Fourth Edition 2008