Indicators of foreign affiliates in Latvia by controlling countries (NACE Rev. 2, sections B-N, excluding K, including S95)
The controlling institutional unit is resident in a different country from the one where the institutional unit over which it has control is resident.
The ability to determine the general policy of an enterprise.
Control exists if the unit, whether directly or indirectly, owns more than half of the shareholders’ voting power or more than half of the shares.
Direct control – direct activities of the head enterprise with the fixed capital of enterprise / legal unit.
Indirect control – control of the enterprise / legal unit trough other company.