Can an American own part of a Canadian-based corporation?
<p>Combination of New York State (USA) and Ontario (CAN) jurisdictions here.</p>

<p>If a New Yorker/American wishes to take partial ownership (equity) in an Ontario-based corporation, are there any special legal considerations to take?</p>

<ul>
<li>Is it even possible for an American to do this? Or would he/she need Canadian/dual citizenship to own part of a Canadian-based corporation?</li>
<li>Besides normal filing procedures, are there any additional forms/filings/steps an American must do (with either government) to become owner of a Canadian-based corporation?</li>
</ul>

<p>Generally speaking, no special paperwork is required for an American to own shares in a Canadian corporation. </p>

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