MEI and income tax: What you need to know about micro-entrepreneurship
Individual Microentrepreneurs (MEIs) have become an essential part of the Brazilian economic landscape, providing an opportunity for individuals to launch their own businesses with less bureaucracy and reduced costs. However, even with the benefits offered by the MEI regime, many entrepreneurs still have doubts about how to deal with their tax obligations, especially with regard to Income Tax. What is an MEI? The Individual Microentrepreneur is a legal entity created in Brazil in 2008, by Complementary Law 128/2008, with the aim of formalizing small entrepreneurs and self-employed workers. This ... Read more