MEI – What are the advantages of opening your own?

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The MEI, Individual Microentrepreneur, is a legal category created by the Federal Government to formalize the status of self-employed workers and individual entrepreneurs.

Since its creation, MEI has proved to be an advantageous option for those who want to undertake in a simple and legal way.

In this article, we will discuss the main advantages of opening your MEI.

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Easy opening and low cost

One of the great advantages of opening a MEI is the ease of opening the business. The entire process is carried out over the internet, through the Entrepreneur Portal, and is completely free.

Furthermore, an accountant is not required to carry out the process, which saves considerable cost.

In addition, MEI has a simplified tax burden, paying only a fixed monthly amount, which includes all necessary taxes.

Currently, this value is around R$ 50.00, which makes MEI an extremely affordable option for those who want to formalize their business.

Access to pension benefits

By becoming a MEI, the self-employed worker starts to contribute individually to the INSS, which guarantees access to various social security benefits, such as old-age retirement, sick pay and maternity pay.

This contribution also makes it possible to issue invoices, which increases credibility and security for its customers.

Guaranteed labor rights

Another advantage of being a MEI is that the entrepreneur has his labor rights guaranteed.

This means that, in case of illness, accident or pregnancy, for example, the MEI is entitled to maternity leave, sick pay and disability retirement.

In addition, the MEI is also entitled to paid vacation, even though he owns his own business.

Possibility of growth and access to credit

MEI is not only a way to formalize a business, but also a platform for entrepreneurial growth.

By becoming a MEI, the entrepreneur has access to free courses and training, which can help improve and expand the business.

In addition, being a MEI facilitates access to credit, as it is a recognized category with established tax obligations and responsibilities.

In this way, it is easier for entrepreneurs to obtain a loan or financing to invest in their MEI and leverage their business.

Conclusion

Opening a MEI has several advantages for those who want to undertake in a legalized and simplified way.

The ease of opening, low cost, access to social security benefits and labor rights, in addition to the possibility of growth and access to credit, make MEI an attractive option for Brazilian entrepreneurs.

However, it is important to emphasize that, despite the advantages, it is necessary to be aware of the fiscal and tax obligations that the MEI has.

Maintaining business regularity is essential to ensure all the benefits offered by the category.

Thus, when considering opening a MEI, it is recommended to seek up-to-date information and rely on the help of an accountant to ensure that all obligations are fulfilled correctly.

With this, you can take advantage of all the advantages and opportunities offered by MEI and succeed in your venture.