BUSINESSTHE RIO TIMES
Brazil Moves to Lift the Cap on Its 13 Million Microbusinesses
Brazil has proposed a bill to Congress to increase the annual revenue cap for MEI microbusinesses to R$110,000 in 2027 and R$140,000 in 2028, while allowing these businesses to hire a second employee. The move aims to support Brazil's 13 million microbusinesses by easing restrictions on their operations and growth.
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