Brazil Moves to Lift the Cap on Its 13 Million Microbusinesses
Brazil sent Congress a bill to lift the MEI microbusiness revenue cap to R$110,000 in 2027 and R$140,000 in 2028, and to allow a second employee.
Opening excerpt (first ~120 words) tap to expand
Brazil Business Brazil Moves to Lift the Cap on Its 13 Million Microbusinesses By Richard Mann · June 30, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Brazil · Economy Key Facts —The bill. President Lula sent Congress a proposal on June 29 to raise the revenue ceiling for individual microentrepreneurs, known as MEIs. —The numbers. The cap would climb from R$81,000 ($15,640) to R$110,000 ($21,240) in 2027 and R$140,000 ($27,030) in 2028. —The reach. More than thirteen million registered microentrepreneurs would be affected. —The extra hand. The text would let a microentrepreneur hire a second employee, up from one today. —The wait.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Rio Times.
Discussion
0 commentsMore from The Rio Times
