What are the advantages of being a MEI (Individual Microentrepreneur)?
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Advantages of being a MEI (Individual Microentrepreneur): read the text and learn about 5 benefits you are entitled to when you become a MEI.
Entrepreneurship skyrocketed in 2021, even amidst the chaotic scenario caused by the pandemic. In 2020 alone, MEI (Individual Microentrepreneur) registrations grew by 8.41%. See the full report by clicking [here]. here.
Without a doubt, thousands of Brazilians lost their formal jobs but decided to invest in their own businesses.
For those who wish to become a self-employed micro-entrepreneur, the first thing to do is formalize the business to make it more professional and to have greater peace of mind and security.
Formalizing as a MEI (Individual Microentrepreneur) has many advantages, and that's exactly what we'll be talking about in today's post.
So, keep reading and find out. The advantages of being a MEI (Individual Microentrepreneur).
# Formalization without bureaucracy
Having a CNPJ (Brazilian tax ID) and formalizing your business has never been easier. Without a doubt, the best way to do this is by registering as a MEI (Individual Microentrepreneur).
You can formalize your business yourself without bureaucracy through the Entrepreneur Portal. You can open a MEI (Individual Microentrepreneur) even if you have a negative credit history.
Speaking of which, check out the list below of who can be a MEI (Individual Microentrepreneur):
- Those with revenue of up to R$81 thousand per year;
- People who perform the activities permitted to be registered as MEI (Individual Microentrepreneur);
- Someone who is not the owner, partner, or manager of another company;
- Those who do not intend to hire more than one employee.
Look, if you happen to receive any benefits, for example, sick pay, maternity pay, or BPC (Brazilian social security benefit), your benefit may be canceled upon formalization.
So, keep an eye out and compare to see if it's worth it!
# Social Security Coverage
This, without a doubt, is one of the best. advantages of being a MEI (Individual Microentrepreneur). That's because you'll be entitled to maternity pay, sick pay, and retirement benefits, for example.
Therefore, formalizing your business is also a way to protect yourself and have a more secure future.
#Esending Invoice
By issuing invoices, you make your business more professional and provide greater security for your customers.
Furthermore, depending on your field of work, you may be able to find better opportunities simply by being a MEI (Individual Microentrepreneur) and issuing invoices.
This is because you will be able to sell or provide services to companies that can only make payments through invoices.
The number of companies making these demands has grown significantly; in fact, they are excellent companies.
So, we can't afford to miss out on great opportunities like that, right?
# Banking services exclusively for this category
The MEI (Individual Microentrepreneur) has access to a range of exclusive banking services, and can also obtain financial services with better payment terms.
Some financial institutions also offer a digital account and credit card exclusively for those who are self-employed (MEI).
# Simplified taxation model
Taxes are simplified for this category; however, only a fixed monthly fee needs to be paid.
The amount is determined according to the area of activity, but the maximum amount is R$66.60, based on the minimum wage.
This amount is adjusted annually; however, you pay the same rate throughout the year, 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 can result in significant losses and lead to your expulsion from the program.
So, I already knew about these. What are the advantages of being a MEI (Individual Microentrepreneur)? Remember, before taking the first step to formalize your business, you need a plan to assess the conditions, the pros and cons.
However, this is by far the best option for the individual micro-entrepreneur.
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