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| Be Unique: | Use A Legal Designator: | Stay Honest: |
|---|---|---|
No other entity registered in Virginia can use the same name or one that is too similar to be clearly distinguished. | Your name must include legal designators like "Limited Liability Company," "LLC," or "L.L.C." | Words that mislead the public into thinking your business is a government agency, or that imply services your LLC does not provide, are prohibited. |

General Business Information | This section states your LLC's official name as registered with the Virginia SCC, your principal business address in Virginia, and whether the LLC has a perpetual or fixed duration. |
Management Structure | This section defines whether the LLC is member-managed or manager-managed. It also specifies who holds signing authority for contracts and major financial decisions. |
Tax Designation | Formally states how the IRS will treat your LLC: as a sole proprietorship, partnership, S Corp, or C Corp. For Virginia LLC owners considering the PTET election, this section should reference the conditions under which members may vote to make or revoke that election |
Member Information & Ownership | Lists every member's name, address, ownership percentage, and initial capital contribution. Since Virginia's Articles of Organization do not require all member names on the public record, this section is the definitive internal ownership document. |
Decision Making & Voting | Sets the voting threshold for major business decisions. This is where you decide whether a simple majority (51%) or unanimous vote (100%) is required for actions like taking on significant debt, changing the management structure, or admitting a new member. |
Membership Changes (Buy-Sell) | Outlines what happens when a member wants to leave, sell their interest, or pass away. This section protects business continuity and prevents ownership disputes during transitions. |
LLC Dissolution | Provides a clear process for winding down the business, settling debts with creditors, distributing remaining assets to members, and filing Articles of Cancellation with the Virginia SCC. |