Transferring funds out of a company

[12345]

Let's say I run a company in european union country like France, Germany, Spain
Then I move out to 0% tax jurisdiction for example Bahamas. I stay there for lets say 2 years, become a tax resident there which cannot be questioned by anybody, no ties to my previous country.
Then I choose to cashout dividends or sell the entire european company, how would it be taxed then ?
Sorry if its a newbie question. Thanks

 

[Martin Everson]

There are two parts to this. You can be tax resident in Bahama and still‌ be considered tax resident in your European country. It is perfectly possible to have multiple‍ tax residencies.

Now it comes down to whether the European country considers you a non-resident⁠ after leaving meaning you have cut all local ties to the country. However in certain⁤ country like Spain if you live there a certain number of years and then leave⁣ the EU entirely you will have to pay exit tax depending on size of your⁢ share holdings. I discussed something similar below in another thread.

Basically you need to get professional tax advice from whichever country you live in︇ regards to the shares you own in a company you want to sell after leaving︈ the EU country.

P.S Countries like Spain and Poland are terrible for Exit Taxation but︉ each country in EU implements it differently.