TAKE ADVANTAGE OF FINCLASS' BLACK FRIDAY WITH A 50% DISCOUNT: https://finc.ly/1785351670 - - - - - - MEI GOD! You can't go wrong like that! ???? Well, cousin. If you've ever thought about becoming an entrepreneur and went a little deeper into how to actually open a CNPJ and everything else, you've probably already come across the possibility of becoming an individual microentrepreneur, the so-called MEI. And look: for those who are just starting out, being an MEI is something interesting for the entrepreneur. By becoming an MEI, we get several facilitators, including that famous IR exemption for those who have an annual gross revenue of less than R$60 thousand reais, which will reach R$81 thousand in 2018. Not having control of your finances The first mistake, and the one that triggers all the rest, is, without a doubt, not knowing the basic numbers of both your family budget and your business. If you don't know the size of your costs, the size of your revenue, and also how much real profit you have, it becomes difficult to make any decisions. It becomes difficult to see if it is possible to save, if revenue needs to increase; in short, you completely freeze up in your decisions and start groping in the dark. And even worse: the fact that you don't know this data makes you make even worse mistakes. The next mistakes, which I will be listing in the video, are directly related to this factor. And you understand why. In the end, the reality is: if you want to avoid making mistakes with your finances, whether as an individual or as an MEI, understand exactly how it is working, where your money is going, how it is arriving, and if it is REALLY arriving. As you grow, this subject starts to become much more difficult and delicate, and, therefore, you have to pay attention from now on. Tax collection when changing categories As I told you at the beginning of the video, there is a very famous benefit that comes to us when we become MEI: we have an income tax exemption that goes up to the annual gross revenue limit of R$60 thousand reais. In other words, this means that if you become MEI and, in 1 year, do not reach a gross revenue greater than R$60 thousand, you do not have to pay any income tax, although the declaration is still mandatory. The problem is what happens when we exceed this gross revenue. Income Tax Declaration The second mistake is a VERY common one, which happens precisely when declaring Income Tax. This is because many people end up not paying attention to the fact that, when we become MEI, we have to make 2 declarations, and not just one. In other words, in addition to having to make a declaration as a Legal Entity, we also have to make one as an Individual. And that's when things get complicated. Some MEIs end up filing the declaration using DASN, the Simplified Annual MEI Declaration, and forget about the regular IRPF. Or even worse: the person knows what they need to do, but has no idea what to declare in each one of them, since, often, what we earn as an entrepreneur ends up getting mixed up with our assets as an individual. Not seeing mistakes as learning experiences Dude, I really stress this point. Many people who are just starting out as entrepreneurs are so afraid, so afraid of failing, that if they make a mistake, it creates trauma within themselves and they start having problems when deciding their path in entrepreneurship. And man, if you are an MEI, you are just at the beginning of the road. You will still come across many mistakes in your life, and it is completely normal. There is no entrepreneur who does not make mistakes. The trick is to see your mistake, admit that you made a mistake, analyze the scenario, see what you could have done, and learn from it. Not understanding how the DAS works Let's imagine the following situation: So you have decided to become an MEI. Okay, you get excited and see that it's not that hard to open a CNPJ as a MEI, you go ahead and do the whole process and open it. But then you realize that you still need to structure a lot of things before you can start your business. Even so, you leave the CNPJ open and go and resolve other issues in your life, only then can you actually start working as a MEI. This kind of thing is common. And it's not necessarily a bad thing, or a mistake. The problem is that when we open the CNPJ as a MEI, we are already required to pay the so-called DAS - the Simples Nacional Collection Document. The DAS is basically a monthly obligation of the MEI that he must pay. This amount is: • R$47.85 – industry or commerce; • R$51.85 – provision of services; and • R$52.85 – commerce, industry and provision of services.