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Become a MEI: understand how it works

Owning your own business is a dream for many people. One of the quickest and most practical ways to start a business is to become an MEI. Learn how this modality works.

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Discover all the advantages of being an MEI

Entenda como ser MEI (Fonte: Pexels)
Understand how to be a MEI (Source: Pexels)

Is becoming an MEI part of your plans? This modality offers countless benefits and facilities for those who are starting out in the business world, and it is a way that many people find to bring their dream of having their own business to life.

However, there are many doubts about this modality, aren't there? So, keep following and find out everything you need to know to become a MEI.

MEI

How to open a MEI

The process of how to open a MEI is simple and practical, 100% online. Check out the step-by-step guide to register!

What is a MEI?

MEI is the acronym that defines individual microentrepreneur. This modality was created to motivate people to formalize their business. After all, when registering, they already had a CNPJ, being able to issue invoices and have an employee, if necessary.

Registering to become an MEI is quick and hassle-free. Therefore, you must access the Portal do Empreendedor website and register. 

This is currently the easiest way to have a company operating within the law. It is worth mentioning that, according to Sebrae, Brazil already has more than 12 million microentrepreneurs.

After the Covid-19 pandemic, this was the work format that grew considerably in the country. Therefore, it is an opportunity for many to start their own business.

MEI

How to open a MEI

The process of how to open a MEI is simple and practical, 100% online. Check out the step-by-step guide to register!

How does MEI work?

Veja como ser MEI (Fonte: Pexels)
See how to become a MEI (Source: Pexels)

MEI is a simplified form of business. It works very well for self-employed individuals and small business owners. After all, it is a form of independent work within the law and with a CNPJ number. Thus, the professional starts working on their own, issuing invoices and having access to the rights and benefits of the modality. 

The rights of a legal entity include retirement, sick pay, maternity pay and others. In addition, it becomes easier to have a PJ account and access to good lines of credit. 

One of the main attractions of being an MEI is being able to regularize your business in a simple way. After all, the entire process is done online! Another highlight is that the monthly fee is small, with a fixed value and according to the activity you perform. 

It is worth noting that as your business grows, you can change the type of company you operate in. This is especially true if your annual revenue exceeds the permitted amount.

What do I need to open a MEI?

Várias profissões podem ser MEI (Fonte: Pexels)
Several professions can be MEI (Source: Pexels)

As previously mentioned, the process for opening a MEI is quick and easy. See how to get your CNPJ in no time:

  • Enter the Entrepreneur Portal;
  • Click on the “I Want to Be” tab located in the upper left corner;
  • Go to “Formalize”;
  • Enter your CPF and Brasil Cidadão password (if you don't have one, click on register);
  • Have your ID number, voter registration card, and income tax return number from the last two years on hand. The last item is only necessary if you needed to file a tax return;
  • Go to “Activities” and enter your area of activity. It must be one main area and up to five secondary areas;
  • Enter the location of your business in the “Business Address” section. If it is the same as your home address, just click on the option that says the Address is the same as your home address;
  • Read the statement carefully. Once you agree to all the details, continue;
  • You will receive an SMS message on your cell phone with a code to confirm the registration;
  • After entering the code, print your certificate to file your proof of opening your MEI.

Done! Now you have a CNPJ and can work without fear.

How much does it cost to open a MEI?

The option of becoming a MEI is attractive to many because the investment is low. After all, it is a fee that you pay to formalize your CNPJ, which is the DAS, Documento de Arrecadação do Simples Nacional. The average amounts are:

  • Commerce or industry; between R$49.90 and R$50.90;
  • Provision of services: R$65.50;
  • Trade and service area together: R$55.90.

It is worth remembering that this rate is updated annually. Every month you must issue your payment slip through the Entrepreneur Portal, with the option to pay the amount online, by direct debit or printed invoice.

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Annual Declaration

Every year, MEIs must file their DAS-SIMEI, the Annual Declaration of the Simples Nacional, by May 31st. It is used to report your business to the Federal Revenue Service. 

How much can a MEI earn?

An MEI entrepreneur has a maximum revenue limit for his/her business. It cannot exceed the amount of R$$81 thousand per year. Therefore, the monthly cash amount must be R$$6,750 per month. 

Who can open a MEI?

Ser dono de um único negócio é um dos requisitos para ser MEI (Fonte: Pexels)
Owning a single business is one of the requirements to be a MEI (Source: Pexels)

Anyone who wants to become an MEI must be careful to meet certain requirements. Here are the requirements:

  • Your annual turnover must be less than R$$81 thousand. Therefore, around R$$6,750 per month;
  • Must not be a partner in another company, or an administrator;
  • There must be only one employee registered as CLT and he cannot receive less than the minimum wage.

In addition to these requirements, there are specific requirements for each area. Therefore, it is important to read the recommendations and requirements before opening your MEI. One of them is to see if your occupation fits into this category. It is worth noting that there are more than 400 activities permitted in Brazil to act as an MEI.

What activities are permitted for a MEI?

To become an MEI, you must fit into one of the more than 400 activities included in the CNAE. This is the acronym for the National Registry of Economic Activities that determines the area of activity of your company. The term is formed by a 7-digit registration. 

Among the activities we can mention artisans, tattoo artists, bricklayers, glaziers, installers, writers, mechanics, traders, ice cream makers, confectioners and much more. 

Did you enjoy learning more about MEI? Then you will also enjoy our next content, showing you the step-by-step process to get your CNPJ.

MEI

How to open a MEI

The process of how to open a MEI is simple and practical, 100% online. Check out the step-by-step guide to register!

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