While this is legal, it may not be a wise strategy. If you are actively working in this corporation, taking a salary and lowering the company's taxable income is usually advisable. Keep in mind that the income of a C corporation is taxed twice: once at the corporate level and again when distributed as a dividend to the shareholders.
Please follow the link below for more information.
https://www.aicpastore.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2014/CorpTax/paying-c...
