Individual Microentrepreneurs (MEIs), Microenterprises (MEs), and Small Business Companies (EPPs) have until January 31, 2025, to regularize their debts with the Federal Revenue Service and ensure their continued participation in the Simples Nacional regime. The measure is essential to prevent the exclusion of more than 1.8 million companies notified in October, due to debts totaling R$ 26.7 billion.
According to the IRS, anyone who fails to settle their outstanding debts will be excluded from Simples Nacional as of February 1, 2025, losing benefits such as the reduced and simplified tax burden.
To regularize the situation, companies can access the Simples Nacional portal, the e-CAC, or the PGFN's Regularize system. The Revenue Service offers special installment conditions, such as discounts of up to 100% on interest, fines, and legal charges, as well as installment plans of up to 133 times with a reduced down payment. The first installment must be paid by the deadline.
According to Filipe Bandeira, lawyer and accountant at Fonteles & Associados, the regularization also involves the State and Municipal Tax Authorities, depending on the company's activity. "It is essential for companies to consult an accountant to identify debts or pending issues that may prevent continued participation in the Simples Nacional. Additionally, companies that are not yet in the regime but wish to join must also regularize their debts by January 31," explains the specialist.
Companies that do not settle their debts will face exclusion from Simples Nacional; loss of tax benefits; difficulty in issuing invoices and renewing contracts and loss of competitiveness, especially in sectors that depend on permits and public contracts.
Sebrae reinforces that keeping taxes up to date also guarantees access to social security benefits, such as retirement and maternity pay, participation in public tenders and credit lines.
With a simple and digital process, the IRS seeks to encourage the financial sustainability of businesses and ensure that entrepreneurs take advantage of this opportunity to maintain their competitiveness in the market.
