Good question—there’s a lot of misinformation out there. The key is understanding that forming an offshore entity isn’t illegal; it becomes problematic when it’s used to evade taxes or launder money. Compliance with your home country’s reporting laws is crucial. Many people use these structures legally for asset protection or privacy. If you're trying to stay legit, pick a well-regulated jurisdiction and work with a good advisor. The best way I found solid information was by exploring real-world advice on Offshore Company Formation. They break down what’s allowed and what’s not, based on actual user experiences.