Definition: Immediate foreign owner
International trade in services
Immediate owner or first shot is the first enterprise outside the Member States in an affiliate ownership chain that has an ownership of more than 50% of the ordinary shares or the equivalent in the case of an unincorporated enterprise.
Source:
Eurostat, "International ownership in trade and service activities - First findings of a study on foreign affiliates", Office for Official Publications of the European Communities, Luxembourg, 1998
Eurostat, "International ownership in trade and service activities - First findings of a study on foreign affiliates", Office for Official Publications of the European Communities, Luxembourg, 1998
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