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There is no real problem, unless you purposefully evade taxes. But with the right planning, and you are ok with travelling, it is possible to avoid most of your taxes.

Why exactly isn't it safe? Having an offshore company as nothing to do with evading taxes, unless that is what you are trying to do

It totally depends on what you want to do ;) If it's for asset protection, or running a business by only receiving wire transfers, then it's a great choice. But for getting really good merchant accounts, nope.

Much more than that, like what?

No reason to go there, if you can just scan your documents. That makes no sense.

It can be done remotely, with document scans only within a few days. A lot of cheap internet providers give you slow service, which is a problem. I've tested out most of them, so I know. The cost can even be just a few hundred dollars, but then they leave out all documents needed to open an...