Brazil plans to expand support for micro-entrepreneurs

Brazil plans to expand support for micro-entrepreneurs


BRASILIA, June 24 (Reuters) – Brazil’s government will announce measures to improve support for gig ‌workers and small businesses in the coming ‌days, including proposals to raise the income ceiling for benefits ​and tax-debt renegotiation, and expand access to public sector purchases, the Ministry of Entrepreneurship said on Wednesday.

• Micro-entrepreneurs (MEIs) make up a simplified Brazilian business ‌category created by ⁠the government to formalize self-employed workers, such as food delivery and rideshare drivers, ⁠and small business owners.

• The measures aim to strengthen opportunities for more than 16 million formalized ​MEIs in ​Brazil, the ministry said.

• ​It did not detail ‌the new ceiling for benefits and tax-debt renegotiation, but Finance Minister Dario Durigan said last week that by 2028 workers earning up to about 130,000 reais ($25,023), up from 81,000 reais now, ‌would be eligible.

• Another measure ​will regularize debts of MEIs ​registered in federal ​active debt so they can operate ‌again and access benefits.

• A ​third pillar ​will expand the “Contrata + Brasil” program, which allows small businesses to sell to the public sector, ​through an ‌expanded network of participating entities.

($1 = 5.1953 reais)

(Reporting ​by Bernardo Caram; Writing by Fernando Cardoso; ​Editing by Sonali Paul)



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