Your location matters significantly more than your nationality - ultimately it's a tax problem. For example: if you're in Canada and the business is US domicil

Your location matters significantly more than your nationality - ultimately it's a tax problem. For example: if you're in Canada and the business is US domiciled (and you own 50%), then decision making for that business and your share will be taxed in Canada. This is simplified - but you get the gist.