For those who want to open a company or work autonomously and have a turnover of up to R$81 thousand / year, it is approved to become a MEI.
For this, it is also necessary not to be participating in a company with a partner, administrator or owner. And it is allowed to hire only one employee.
Brazil has 11.3 million individual microentrepreneurs (MEIs). According to the Brazilian Micro and Small Business Support Service (Sebrae), 2.6 million of them entered the market in 2020.
So come check out the requirements to become a MEI in 2021!
What is MEI?
MEI stands for Individual Microentrepreneur. It is basically an individual who wants to act like a company, in order to have the benefits of a Legal Entity, such as issuing invoices and having special lines of credit.
How to open a MEI?
After your decision to open a MEI, you only need to register and create a CNPJ. The best thing is that this process doesn't last even 10 minutes, if you have all the documents that will be requested in hand.
Initially you will have to access the entrepreneur portal (https://www.gov.br/empresas-e-negocios/pt-br/empreendedor).
It is where you will register your MEI, you will also be able to issue the DAS payment slips (the mandatory tax that must be paid every month), make your income declaration and change your data.
1. Start your registration
After accessing the site, click on the green button “I want to formalize, register”. Remember to have the main documents at hand: Identity, income tax receipt (if necessary), CPF, voter registration card and proof of residence.
The first information you will have to provide is your CPF and your date of birth. After that, the system will ask for one more document:
- If you were exempt from income tax or did not declare: voter registration
- If you declare the IR: IR receipt number
2. General information
Due to your CPF, some information will already be filled in at the top of the screen. Check if it is correct and continue the registration.
You will need to enter some remaining personal information, such as your RG number from your Identity Card and some contact information, such as your phone number (you can enter your cell phone number) or email.
In this same section of the register, it is very important to register a “Finance Name” for your company and insert the Social Capital.
- Fantasy name: Is the brand name or front name. It is the name you will publicly give to your business.
- Share capital: It is the commitment of every company to constitute a Capital Stock at its opening, being how much the partners invested to start the business. MEI is not required to have Social Capital, so you can enter any amount. It is recommended to record at least the start-up costs you incurred in getting your business up and running.
3. Location
With the CNAE registration done, it's time to inform your Business address. This registration is essential because a Provisional License and Operation Permit will be issued with it, lasting about 180 days.
After this deadline, you will need to issue the definitive permit at the City Hall of your municipality.
If you provide services working from your home, you can use your home address as your business address, no problem.
After registering your business address, you will need to register your residential address. But if you have used your residential address as a business address, there is an option that you select and the registration will immediately replicate the information, using the same address.
After filling out all the forms, you will receive a code by SMS on the cell phone you registered with, insert the code received and confirm your registration.
Thanks for reading! Hope this helps!