Most known companies as stated above, follow C-Corp setup, while very few follow an S-Corp. The major difference between the two types of corporations is the taxation. With C-Corp, there is a required double taxation. As a result, first the corporation gives taxes from the profit that is made. What is left over after those taxes is then split among the shareholders, who then have to pay personal taxes on what they receive. With the S-Corp, there is only a single taxation, which is after the profit is split among the shareholders. There is also more restriction when following an S-Corp, such as having all the shareholders being from the U.S. I feel this does not allow for a company to grow as much because then they cannot try to expand overseas. I personally feel that following a C-Corp is better for a company because there are more opportunities available.