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Advantages of being a MEI: check out the benefits of opening your business!

Become a legal entrepreneur and open doors to new business opportunities with MEI! Discover how to regularize quickly and easily and stay within the law. Read our complete guide now and see the advantages.

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Find out why this way of doing business could be the best choice for you

Mulher trabalha como MEI
Find out more about the advantages of this way of doing business. Source: Freepik

Being a self-employed entrepreneur can bring some benefits that will attract you! Therefore, we created a guide with the advantages of being a MEI. 

We can help you understand everything about the topic. And even discover how to take the first steps towards becoming a successful entrepreneur.

Is MEI a job?

Is MEI employment or work? Find out more in this guide.

Therefore, read the text until the end if you are planning to become a MEI. Or just if you want to know more about the subject.

Find out in this article whether this job is really right for you and make an informed decision.

What does it mean to be MEI?

Homem pensa sobre as Vantagens de ser MEI
Find out more details about the subject. Source: Freepik

Firstly, before explaining the advantages of being a MEI, we will talk a little more about the characteristics of this way of working in Brazil.

The MEI (Individual Microentrepreneur) is a way to formalize and work as a small entrepreneur, the modality was designed to serve those who work alone or small businesses.

Workers with MEI are exempt from federal taxes, can issue an invoice and have special benefits provided by Sebrae.

For example: free courses, loans with lower rates and training opportunities.

To take advantage of this modality, it is important to be aware of the rules that accompany it. Find out what they are in this article. And be prepared to use it correctly.

One of the rules established is the annual revenue limit of R$ 81,000.00 for registered as Individual Microentrepreneurs (MEI). In addition, the entrepreneur cannot be involved as a partner or be a member of another company.

Hinode Reseller

Find out how to work by reselling this company's products.

Who can be MEI?

Take advantage now of the more than 400 professions available to become an Individual Microentrepreneur, as announced by the Federal Government.

Therefore, if you want to know if your area is covered, visit the program's official website!

We have created a list below with some career options that can count on the advantages of being a MEI:

  • Hairdresser;
  • Merchants;
  • Craftsmen;
  • Mason;
  • Mechanic;
  • Electrician;
  • Chef;
  • And many others.

What are the advantages of being MEI?

Don't waste any more time and discover the countless advantages of becoming an Individual Microentrepreneur right now.

Check out the list we prepared and formalize your business to achieve success. Look:

Simplification 

First of all, it is worth highlighting that the procedure for registering as a MEI is uncomplicated and agile. It can be done online and free of charge.

Low cost

It is important to highlight that MEI is exempt from paying federal taxes, such as Income Tax, PIS, Cofins, IPI and CSLL. However, you pay a fixed monthly contribution amount, which varies according to the activity carried out.

Social security benefits

MEI has the prerogative to enjoy benefits such as retirement due to age, sickness benefit, maternity pay, among others. As long as you are up to date with your contributions.

Issuance of invoices

One of the advantages of being a MEI is being able to issue electronic invoices in a simplified way, without the need for a digital certificate.

Financial services

Take advantage of the advantages that only registration as an Individual Microentrepreneur can offer. Such as the possibility of opening a business bank account and applying for low-interest loans.

Issuance of business license

In some cases, MEI can obtain an operating license for your business.

Business formalization

Finally, upon becoming a MEI, the entrepreneur now has a formalized and legalized business. It is possible to bring more security and credibility to your company.

And the disadvantages?

Despite the various advantages provided by registering as a MEI, it is necessary to consider the disadvantages before deciding on this option. Some of the main ones are:

Restriction on annual revenue

MEI has a maximum annual turnover limit of R$81,000.00, which may limit business growth.

Restriction on the number of employees

The MEI can only have one employee registered with the minimum wage or minimum wage for the category. Which may be insufficient for businesses that require more labor.

Limitation of activities

The MEI can only carry out some activities permitted by law. Which can be restrictive for some ventures.

Lack of right to some benefits

Even though the MEI has access to certain social security benefits, such as retirement due to age and sickness benefit. It is important to highlight that he is not entitled to other benefits, such as unemployment insurance and family allowance.

Difficulties in contracting services

MEI may have difficulty hiring services from companies that require an invoice from a legal entity, as the issuance of invoices to other companies is limited.

How to become MEI?

Mulher trabalha como MEI
Finally, find out where to start your registration. Source: Freepik

If, after knowing the advantages of being a MEI and also the negative points of this way of doing business, you still want to do it this way, know where to start.

Firstly, search for the Entrepreneur Portal and start the process by filling out a form with personal and business information. Remember that this must be on the list of permitted activities.

It is worth noting that, to enjoy all the benefits of MEI, it is necessary to pay the fee corresponding to your activity monthly, thus guaranteeing the maintenance of your privileges.

Finally, if you want to find out more about one of the activities available at MEI, read our text about what it takes to be a reseller.

Work as a reseller

Discover job opportunities in this area.

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