How to get money from offshore company for personal use?

[Boyano]

Let's say i live in a country where i have a online business. Is it possible to open an offshore business and stash and keep some money there for a while and after some time to use these money for personal use?
I would like to avoid some corporate tax and also income tax. I am not sure how would i use these money for personal use and if possible i don't want my identity to be known.

Also, how can i transfer money from onshore bank account to offshore account?

 

[Sols]

No, this is not going to work out in a legal and sustainable manner.

Start a local company and comply with local law, or move to a tax haven. If you hold an EU passport, Malta and Cyprus are very popular.

The days of what you describe are long gone.

 

[Boyano]

No, this is not going to work out in a legal and sustainable manner.

Start a local company and comply with local law, or move to a tax haven. If you hold an EU passport, Malta and Cyprus are very popular.

The days of what you describe are long gone.

Understandable.

 

[stevy777]

Could you live in a country which has zero corporate tax, pay the corporate tax while you are there, as well as any tax obligation for individual tax obligation and dividend distributions.

Then break ties with that country , move to a zero tax personal income country for a two years and then distribute all the money tax free

is this something that would work ?