FINAL REPORT Final Report - NER 2018 6Mar2018 (For Publication) | Page 28

National Employment Returns (NER) 2018 Figure 1.8 Distribution of Establishments by Organisation Type Analysis by Years of Operation As illustrated in Figure 1.9, 44% of the establishments have been in operation for more than 21 years. About 8.3% of the establishments are at young start-up stage (i.e. 5 years and below). Figure 1.9 Distribution of Establishments by Years of Operation 5 years & below 8.3% 6-10 years 16.0% 11-20 years 31.6% 21-40 years 37.9% 41-80 years 81 years & above 5.9% 0.2% Analysis by Equity Ownership 91.3% of the establishments were 100% owned by local companies, while about 9% of the establishments were owned by foreign companies (either 100% or partial ownership). 24