What benefits does an S Corporation have over a C Corporation?

Question

What requirements does an entity need to meet in order to qualify as an S Corporation?

Answer 1

I believe it's easier and cheaper to pass equity to the owner's pocket with an "S" corp.

Answer 2

S-corp is almost a less complicated style of company. that's resembling a sole proprietorship, in that all and sundry the earnings/loss flows by way of on your own tax return(s). yet, it nonetheless has a number of the criminal risk-free practices that an entire fledged C-Corp grants. This answer addresses US-based corps -- do not understand if the story is the comparable everywhere else.

Answer 3

Google it.