S-Corp, as we learned, are only taxed once while C-Corp are taxed twice. Although, this seems like a drawback for companies whose main goal is to make profits, for the health and overall benefit, C-Corp is the best way to go. Most companies follow the C-corp brach because of the benefits and flexibility. C-corp’s major benefit that companies like is the fact that shareholders can be from any part of the world while S-corp restricts their shareholders to U.S citizens or permanent residents only.

Small retail and wholesale companies that are majorly focused on the American markets would prefer to choose the S-corp track in their company. While large international companies take the C-corp route.