Taking money from a company tax free by leaving the country

[R11ysf]

If you have a company which has some money in it you can either pay director's dividends or liquidate the company to take advantage of the 10% entrepreneur's relief.

Well what if you want to take it out without paying the 10%? Can you move to Dubai for 18 months and pay yourself at 0%. Is it that simple or are there any other steps to make sure you don;t get clobbered for tax here?

[Beardy10]

Going offshore is not quite that easy...I believe it used to be the case that if you were out of the country for a year you could sell any assets at not have to pay any CGT that would otherwise have been due (depending on the taxation in place where you were resident). I believe to actually get offshore now you need to have things like a two year contract and jump through a few other hoops...in short it's not as easy as you think if you have the intention of coming back soon afterwards.