A board of directors shall consist of one or more individuals, with the number specified in or fixed in accordance with the articles of incorporation or bylaws. Article VI Initial Directors​​ A corporation can have directors immediately upon formation only if the articles name them.Virginia corporation formation requirements from BizFilings. Our Virginia guide provides VA incorporation requirements for your business. Virginia articles of incorporation are filed to create a corporation. This guide provides instructions and tips when preparing and filing this legal document. Note that the form asks you to list the name(s) and address(es) of the individual or individuals who will serve as the corporation's initial board of directors. We'll walk you through the steps you'll need to take to form your corporation. We'll also cover the basics of starting a Virginia professional corporation (PC). Virginia Corporate Bylaws create the policies and procedures for your corporation.