Brazil’s Micro-Entrepreneur Program Completes Ten Years; 54 Percent in Tax Default

According to the government, Brazil has 8.6 million businesses in this category, from ''bike boys'' to hairdressers. They have access to incentives, such as cheaper interest loans.

RIO DE JANEIRO, BRAZIL - The individual micro-entrepreneur (MEI) program completed its tenth year this month with 8.6 million small businesses registered, but with a long-standing problem: a high rate of default in paying taxes.

In May of this year, according to the latest available data, 54 percent of the micro-entrepreneurs were not in good standing with their tax obligations, according to the Federal Treasury.

MEI was created to encourage the low-cost incorporation of small businesses and self-employed workers such as salespeople, confectioners, manicurists, hairdressers, or electricians, among others. Businesses that invoice up to R . . .

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