Background: My wife has just set up a LLC in Virginia and is currently the only member. But is seeking to add some new members. She doe not need any capital investment. Main asset will be skill set of members.
1) How does it need to be set up so she is still seen as the owner?(for woman-owned business designation)
2) What are the rules for dividing (profit/voting rights) among new members? Is everyone that joins a LLC a member?
1) How does it need to be set up so she is still seen as the owner?(for woman-owned business designation)
2) What are the rules for dividing (profit/voting rights) among new members? Is everyone that joins a LLC a member?