Is it possible to open a MEI with a bad credit rating? Find out now!
Do you want to start a business or are you already self-employed and are thinking about opening a MEI? This is the way to regularize yourself as an Individual Microentrepreneur and, therefore, have several benefits. But what about people with bad credit? Can they open a MEI with a bad credit rating?
If this is a question you have, we have good news: yes, it is possible to have an MEI even if you have a negative credit history. In today's article, we have gathered a lot of important information on the subject, such as the benefits of being an MEI, how to open your own and much more. Read on!
What is a MEI?
First, it is important to point out what MEI actually is. This is the category of Individual Microentrepreneur that regularizes those who work on their own as a legal entity. After opening the MEI, the self-employed professional becomes a small business owner.
The Individual Microentrepreneur (MEI) covers a wide range of professional activities, including hairdressers, cooks, traders, artisans, taxi drivers, book publishers, photographers and many others. There are more than 400 existing classifications, which are divided into three sectors: services, commerce and industry. You can check the full list at Entrepreneur Portal.
Advantages of becoming a MEI
Regularizing your business brings many advantages. The first is that you will have a CNPJ. With this, you will be able to have access to special offers for MEI with suppliers from different segments, in addition to being able to take advantage of credit modalities and exclusive services for the company.
Additionally, you can issue invoices to your customers. This is a way to demonstrate professionalism and to be able to close deals with companies and other institutions that require the document.
Another great advantage is that you will have social security coverage from the INSS, which includes maternity pay, sickness benefit, imprisonment benefit, retirement and survivor's pension.
To be eligible for these benefits, it is crucial to be up to date with your payment of the Simples Nacional Collection Document (DAS). This is a bill that must be paid monthly and is how the MEI collects its taxes.
Don't worry, the DAS is the most affordable option when compared to other types of company regularization. It costs around R$$55 per month.
MEI with a bad credit rating: is it possible?
As we said, having a negative credit history is not an impediment for those who want to formalize their business. So, it is possible to open a MEI with a bad credit history because the CPF is not checked. This can make life easier for many people who are trying to organize their financial lives, but it is important to make it clear that a bad credit history can hinder other aspects, such as obtaining credit.
There are lenders who specialize in doing loan for those with a bad credit history, but things are still much simpler for those who have no outstanding debts with SPC or Serasa. So make it your goal to regularize this situation, ok?
Be careful! Although having a negative credit history does not prevent you from being an MEI, there are other factors that make it impossible. Some examples are: having an outdated or blocked voter registration card and/or CPF, being a foreigner, being under 18, being a partner in a company or being a public servant.
One last tip: the process of opening a MEI is free and must be done on the Entrepreneur Portal. Be careful because there are companies that charge for this service, while it can be done for free. Also know that, to fit into the category, you can hire up to one employee and must have an annual income of up to R$10,000.
As we have seen, it is possible to open a MEI with a bad credit history. Regularizing your business as an entrepreneur is very important to increase your business opportunities and to receive INSS benefits. To do this, remember to pay the DAS monthly, ok?
