Definition: Number of enterprises broken down by residence of...

Category: Structural business statistics

'Parent enterprise' shall mean a parent undertaking as defined in Articles 1 and 2 of Council Directive 83/349/EEC of 13 June 1983 based on Article 54 (3) (g) of the Treaty on consolidated accounts .
The following geographical breakdown of parent enterprises has to be used: Parent enterprise situated in the home Member State (the observed enterprise can be regarded as domestic controlled), Parent enterprise situated in other countries (the observed enterprise can be re-garded as foreign controlled). The parent enterprise is recorded according to the ultimate bene-ficiary owner (UBO). Only those enterprises (subsidiaries) that have a parent enterprise are in-cluded in this variable. Branches are excluded as considered as a part of an enterprise.