I would ask:
1) How much money? 100k, 1M, 10M?
2) a) B2B or B2C business?
2) b) If B2B what is the withholding rates with countries which didn't sign a DTT?
3) a)Do you have a plan to use this money? An ATM car is great if you plan to use it to buy some clothes, book some nice travels, but if you want to buy something expensive like cars, properties or other things... That's useless.
You can't wire 100k to your personal bank account (or if you want︀ to have the full jail experience).
3) b) Did you meet a tax lawyer in︁ your own country?
3) c) If you plan to set up a loan agreement between︂ you and your offshore, does your country's laws require to inform your tax office? If︃ yes be prepare for a tough tax investigation and hope that you're clean since the︄ last 5 years (or whatever length of period your tax office can investigate on).
4) Did you check what are the risk of "tax evasion" in your own country? What︅ is the worst risk?
5) Did you list all the costs for the offshore thing︆ (including lawyers, etc.), vs incorporating in your own country and compared it? Does the possible︇ economy still worth it?
After that, it's up to OP, benefits vs risks.
I don't︈ know why he needs an offshore and what he plans to do with it, i'm︉ just saying that having an offshore just to avoid paying taxes is not a good︊ idea in long term, but there is always plenty of setups that involve offshore companies︋ and can be seemable "legit": Royalties/Intellectual properties hold by an offshore, a Scottish partnership between︌ a company in your own country and an offshore company, etc.
Anyway, I am not︍ an expert, not at all.
