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MEI plays an important role in the Brazilian market, being a fast growing category. It represents a large part of the country’s entrepreneurs, and contributes to creating job opportunities and strengthening the local economy.
MEI has many advantages, such as streamlining registration processes, reducing tax payments, and simplifying tax liabilities. In addition, individual small business owners have access to Social Security benefits, such as retirement and sick pay.
However, those who fall into this category should be aware that starting in June, the MEI contribution, paid monthly, will have a new value.
MEI contribution is based on the national minimum wage.
In Brazil, the MEI program offers many benefits, including tax cuts, the possibility of hiring employees and receiving social security benefits, such as retirement and various aids.
However, to obtain all these benefits, it is necessary to pay a monthly contribution, which varies according to the MEI activity category.
Depending on the category, 5% of the national minimum wage is charged. However, this year the minimum wage has been revised twice. Therefore, MEIs will have to pay new contribution amounts.
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In January, the first minimum wage adjustment of R$1,302 was announced. On May 1, Labor Day, the federal government announced another increase, raising the minimum wage to R$1,320.
Therefore, starting in June, MEI institutions should pay attention to the new contribution values.
Since each category has its own value, see below the new MEI contribution values, valid from June:
- BRL 67.00 – ICMS MEI taxpayer.
- R$71.00 – MEI tax payer at the ISS.
- R$72.00 – MEI taxpayer from ICMS and ISS.
- MEI Autonomous Cargo Carrier – Social Security contribution is 12% of minimum wage, INSS amount now is R$158.40, plus other ISS and ICMS amounts, as the case may be.
Who can be MEI in Brazil?
It may be part of this category:
- Companies that do not carry out intellectual activities and have CNAE certificates identical to those permitted by MEI.
- Annual revenue not exceeding R$81,000.
- Permission to hire only one employee.
To become a MEI, in addition to the restrictions of having only one employee and a total annual income of up to R$81,000, there are also some activities that are not allowed in this tax regime.
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Although there are nearly hundreds of activities (CNAEs) that can be classified as MEI, occupations that are not permitted include:
- Officials
- lawyers
- Accountants
- consultants
- Dentists
- engineers
- Journalists
- the doctors
- Nutrition experts
- Psychologists
- Advertisers
- vets
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