This means that your starting attributes matter much more than they do in Native while your starting skills won't make any difference past a certain level. You will also gain two skill points per level instead of the single point you would receive in Native. Secondly, you can raise a skill up to half of the value of the relevant attribute rather than the one-third in Native. You get your first point at level 6 and will get an additional point at levels 11, 16, 21, and so on. Firstly, while your starting attributes are much higher, you only gain a new attribute point every five levels.
In a general sense, character creation in VC follows the same general rules in Native. I'm assuming that anyone playing VC already has a basic knowledge of Native. This is a Guide to the Mount & Blade Viking Conquest (VC) mod.