What does MEI mean? the acronym MEI means Individual Microentrepreneur and represents self-employed business owners.
O MEI it emerges as an official record in the government for those who work as owners of their own microbusinesses, especially in the form of self-employed professionals.
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By signing up as Individual Microentrepreneur, the register now has a CNPJ, with the responsibility of issuing an invoice, in addition to fulfilling the obligations and rights of a legal entity.
The main advantage is that the tax rate charged to these entrepreneurs is lower than the amounts collected by the government from medium and large companies.
After business formalization, individual micro-entrepreneurs should be aware of the service requirements and obligations, governed by federal law. Are they:
The monthly reports are the documents containing the revenue data generated by the company in the previous month.
Through the site www.portaldoempreendedor.gov.br/ It is possible to fill in the information about your monthly collection manually or via computer. Just go to the tab "'Monthly Report of Gross Revenue' and access the document.
It is important to remember that the report must be made by the 20th of each month, and it is necessary to attach the invoices for goods, services and purchases, in addition to those issued by the entrepreneur himself.
The Simplified Collection Documents (DAS) is the tax paid by the micro-entrepreneur to the Federal Government. It must be paid by the 20th of each month through a bank slip available on the Entrepreneur Portal.
Payment can be made at lottery outlets, at Banco do Brasil and Caixa Econômica Federal bank branches, or even over the internet.
As soon as the entrepreneur completes his registration as a MEI, he immediately receives a provisional operating license, with information about the place of operation.
However, the temporary nature of the service only allows the issuance of an invoice, requiring confirmation of the “definitive license” so that the entrepreneur can enjoy all the business functions available in the service.
The establishment must comply with municipal regulations in the region where the company is located, especially with regard to the address and urban zoning codes.
With the final license in hand and taxes up to date, the individual micro-entrepreneur has the possibility of hiring a collaborator to work for his company.
The employee is guaranteed the payment of the minimum wage or the minimum wage for the category. The MEI, in its position as chief, must deliver the FGTS and Social Security Information Guide (GFIPS) to the corresponding body by the 7th of each month.
In addition, it is also the responsibility of the entrepreneur to deposit the FGTS monthly, an amount referring to the calculation of 8% under the employee's salary.
Regarding the annual requirements, it is duty ofMEI complete and send the Annual Simples Nacional Declaration. The document has the function of "Income Tax" and it must contain the amount collected from the previous income.
The micro-entrepreneur can make use of data from the monthly reports to speed up the process and the deadline for delivery is between January 1st and May 31st and is done via the internet.
In cases where the owner receives an annual salary (pro-labore) greater than R$ 28,559.70, about $2,380.00 per month, he must also submit the Individual Income Tax Return.
MEI has been the best option on the market for the self-employed person who wants to become an entrepreneur and owner of his own business. With numerous benefits and exemption from some fees, the individual employer only needs to pay attention to the requirements and obligations imposed by federal laws.
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