One of the primary reasons for anyone forming an offshore company is to enjoy tax benefits. The best way to get tax benefits is to form an offshore company formation in countries that have no tax requirements. Some of these countries include Seychelles, Grenada, and Bahamas. By forming an offshore company in one of these countries, you will be able to benefit from tax savings. You should take care to make sure that you are fully compliant with all laws and requirements of the country you wish to establish your business in. If you are unable to comply, you may find yourself in a lot of trouble