Overview
- A solemn session in the Chamber of Deputies brought lawmakers, the entrepreneurship minister and business leaders together to put the Simples Nacional update back at the center of congressional debate.
- Lawmakers are discussing PLP 108/2021, a bill that would raise the MEI annual revenue cap to as much as R$130,000 and allow each MEI registration to hire up to two employees.
- Business associations including FACEB and CACB delivered a manifesto to the Ministry of Entrepreneurship urging approval and called the frozen MEI limits since 2018 an injustice for small firms.
- The special committee handling the proposal has scheduled a regional seminar in Feira de Santana on July 8 to broaden hearings and gather input from entrepreneurs across the Northeast.
- Proponents say the changes could boost formalization and allow micro firms to grow and hire, while opponents and fiscal authorities will still weigh the impact on public revenues and long-term planning.