What are the advantages of being an MEI?
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Advantages of being a MEI: read the text and learn about 5 benefits you are entitled to when becoming a MEI.
Entrepreneurship has skyrocketed in 2021, even in a chaotic scenario caused by the pandemic. In 2020 alone, MEI registrations grew by 8.4%. See the full report by clicking here.
Without a doubt, thousands of Brazilians lost their formal jobs, but decided to invest in their own business.
For those who want to be an individual microentrepreneur, the first thing to do is to formalize the business to make it more professional and to be more relaxed and secure.
Formalizing as a MEI has many advantages, so that’s exactly what we’ll talk about in today’s post.
So, keep reading and find out the advantages of being a MEI.
#Formalization without bureaucracy
Having a CNPJ and formalizing your business has never been so simple. The best way to do this is by opening a MEI.
You can formalize your business without bureaucracy through the Entrepreneur Portal. You can open a MEI even if you have a negative credit history.
Speaking of which, check out a list of who can be a MEI below:
- Anyone with a turnover of up to R$1,04,81 thousand per year;
- People who perform activities permitted to be MEI;
- Someone who is not the owner, partner or administrator of another company;
- Anyone who does not intend to hire more than one employee.
Look, if you happen to receive any benefit, for example, sick pay, maternity pay or BPC, your benefit may be cancelled upon formalization.
So, keep an eye out and compare if it's worth it!
#Pension coverage
This is, without a doubt, one of the best advantages of being a MEI. This is because you will be entitled to maternity pay, sickness benefit and retirement, for example.
Therefore, formalizing your business is also a way to prevent this and have a more secure future.
# Issuing an Invoice
By issuing an invoice, you make your business more professional and provide more security for your customers.
Furthermore, depending on your area of activity, you may be able to get better opportunities just by being an MEI and issuing an Invoice.
This is because you will be able to sell or provide services to companies that can only make payments through an Invoice.
The number of companies that make these demands has grown a lot, in fact, they are great companies.
So, you can't keep missing out on great opportunities like that, right?
#Banking services exclusive to this category
MEI has access to a series of exclusive banking services, and can also access financial services with better payment conditions.
Some financial institutions also offer a digital account and credit card exclusively for MEIs.
#Simplified taxation model
Taxes are simplified for this category, however, it is only necessary to pay a fixed monthly fee.
The value is defined according to the area of activity, but the maximum value is R$66.60. Based on the minimum wage.
This amount is adjusted annually, however, throughout the year you pay the same rate, regardless of whether your revenue is higher or lower.
The fee is mandatory, regardless of whether you make sales, provide services or not. Failure to pay may result in significant losses and may result in you being expelled from the modality.
So, I already knew these Advantages of being a MEI? Remember, before taking the first step to formalize your business, you need to have a plan to evaluate the conditions, pros and cons.
However, this is by far the best option for the individual Microentrepreneur.
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