Didn't you submit your ANNUAL MEI declaration? See what problems you will FACE now!

Discover the fundamental rules for the Individual Microentrepreneur (MEI) and how to stay regularized to take advantage of the benefits of this simplified regime.

Individual Microentrepreneurs (MEIs) play a vital role in the Brazilian economy, encouraging entrepreneurship and the formalization of small businesses.

However, to maintain benefits and tax regularity, it is crucial that MEIs comply with their legal obligations, including issuing the Simplified Annual Declaration (DASN-SIMEI).

The lack of this declaration can lead to a series of complications that affect the entrepreneur’s fiscal health.

Find out what to do when you miss the deadline for submitting the MEI Annual Declaration – Credit: @jeanedeoliveirafotografia / pronatec.pro.br

The importance of the MEI Annual Declaration

The MEI Annual Declaration must be submitted by May 31st of each year, referring to the previous year’s revenue.

It is essential to keep the MEI legal, allowing you to continue to enjoy the benefits provided by the regime, such as social security coverage, issuance of invoices and access to loans with special conditions.

Common mistakes and how to avoid them

Many MEIs end up making mistakes that can be easily avoided with attention and information. Some of the most common misconceptions include:

Failure to issue the declaration within the deadline: failure to deliver the DASN-SIMEI by the deadline may result in a fine, blocking of the issuance of invoices and even the CNPJ’s ineligibility. Incorrect entry of revenues: it is common for MEIs to confuse how to post correctly the revenues from commerce, services or the sum of both. These errors can lead to problems with the Federal Revenue Service. Omission of employees: MEIs that have employees must report this in the annual declaration. Failure to do so may result in penalties.

Consequences of non-issuance

Failure to issue the DASN-SIMEI within the established deadline leads to a series of negative consequences, such as:

Blocking the issuance of invoices: preventing the MEI from carrying out sales legally. Unfit CNPJ: the Federal Revenue may consider the MEI’s CNPJ as unfit, restricting its ability to carry out commercial transactions and access tax benefits.

Check the MEI rules

Firstly, it is important to highlight that the MEI is subject to an annual revenue limit. Currently, this limit is up to R$81,000.00 per year, which is equivalent to a monthly average of R$6,750.00.

This ceiling was established to ensure that only small entrepreneurs can benefit from this category, maintaining the focus on simplicity and facilitating individual entrepreneurship.

In addition to the revenue limit, MEI also has restrictions regarding the hiring of employees.

The legislation allows micro-entrepreneurs to hire only one employee, who must receive the minimum wage or the minimum salary for the professional category. This rule seeks to maintain administrative simplicity and low costs for MEI.

Another crucial point is the mandatory monthly contribution, which includes taxes and social security contributions.

The value is fixed and varies slightly according to the MEI’s sector of activity (commerce, industry or services), being allocated to INSS, ICMS and ISS.

This contribution guarantees MEI social security rights such as retirement due to age, sick pay, maternity pay, among others, in addition to keeping the business regularized.

As already mentioned, the category must also comply with its ancillary obligations, such as submitting the Simplified Annual Declaration (DASN-SIMEI), which details the previous year’s revenue.

This declaration is essential for maintaining the micro-entrepreneur’s fiscal regularity.

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