Choosing the best tax regime for your business in 2018

14/11/2017

EXPERT OPINION

Choosing the best tax regime for your business in 2018

Therefore, all companies are required to annually establish the tax system that will be considered in calculation and in taxes payment, where the three existing types are mentionedActual Profit, Presumed Profit, and Simples Nacional.

How to choose the tax system?

Each company should perform the calculations to identify what is the most appropriate taxation form, beneficial and less affect its cash flow. Such calculations should consider all taxes applicable to the company's operations: Income tax, social contribution, IPI, PIS, COFINS, INSS, ISS (service providers) and/or ICMS (commercial companies), and their nuances. It is noteworthy that the participation of a good accountant is essential that assessment.

The advantages or disadvantages for each company depend on many variables. For example: number of employees, revenues ranges for the last twelve months, growth from one year to the other, profitability, activity practiced, etc. Companies should analyze the option for taxation form, considering the business behavior and planning for the coming months, in order to decide for the best taxation form.

Taxation systems

1)     Actual Profit

The Actual Profit is a taxation form that all companies may adopt, regardless the business or turnover line, allowing prior period losses compensation. As this is a more complex system, it requires a very well made bookkeeping, as well as an accessory obligations number.

The profit margin of the company should be considered, since the Actual Profit starts from accounting profit adjusted by additions and exclusions, according to tax laws.

This option in most cases, for PIS/COFINS, the company should calculate by non-cumulative regime. At this point, the credit restrictions that the activity should be considered, since the company may be saving on income tax and social contribution and losing in the PIS/COFINS in opting for the Actual Profit, as the rates sum is 9.25%.

The option for Actual Profit generally does not influence on ICMS, IPI, and ISS calculations and on their accessory obligations, contrary to what happens in the Simples Nacional.

2)     Presumed Profit

The Presumed Profit is a simplified taxation form of Income Tax of Legal Entities (IRPJ) and Social Contribution on Net Income (CSLL), which is through a profit margin presumption according to the company’s activity.

The option is for the company whose total gross revenue in the previous year was equal to or less than seventy-eight million Brazilian Reais (BRL 78,000,000.00) or six million five hundred thousand Brazilian Reais (BRL 6,500,000.00) multiplied by the months in activity from the previous year, when less than twelve (12) months, subject to other conditions provided for in legislation.

It is noteworthy that some companies may not opt for this system to the detriment to the performed activities and his expressed prohibitions into law, even if they are framed in the gross revenue earned limit.

If the company has a profit margin exceeding the values established by the RFB, applying the primarily established percentage should be more advantageous.

For PIS/COFINS, the company, by opting for Presumed Profit, should calculate it on a cumulative basis and the rates sum is 3.65% on revenue, in which case, discount credits from these contributions is forbidden.

As for ICMS, IPI and ISS, the option for the Presumed Profit, as well as the Actual Profit, generally does not influence their calculations and accessory obligations, different from what happens in the Simples Nacional system.

3)    Simples Nacional

The Simples Nacional is a special tax system provided for in the Complementary Law 123/2006, with subsequent amendments. Taxes for all federal agencies (Federal, State, Federal District and Municipalities), i.e. income tax, social contribution, PIS, COFINS, IPI, ICMS, ISS and Contribution to Social Security intended to Social Security up to legal entity (CPP) are covered in it, which are collected through the single collection document for Simples Nacional, the “Documento de Arrecadação do Simples Nacional – DAS”.

The collection is based on the percentage listed in the Annexes of Complementary Law 123/2006, and focus on revenue. Despite an apparent simplification, it is far from simple, as the taxpayer should consider many rules and exceptions.

You should always perform the calculations, there may be a disadvantage in some situations involving ICMS and PIS/COFINS.

It is noteworthy that the entrepreneur needs to keep up with changes in the system. From Jan-01-2018, among other changes, there will be:

a)   Extension of revenue limit: from BRL 3.6 million to BRL 4.8 million, for Micro and Small Businesses; and BRL 60 thousand to BRL 81 thousand to Individual Microentrepreneurs (MEI);

b)   Changes in rate influence form;

c)   Decrease in number of tables and income ranges;

d)   Increase in participants, which may opt for Simples Nacional;

e)   Creation of investor-angel figure;

f)    Creation of other requirements to access special credit lines.

In addition to features involving the Simples Nacional, the companies meeting the framework requirements should attempt to registration deadline. The taxpayers should provide the request for optiot to Simples Nacional throughout January of every year, up to the last business day. Once approved, its effects are from the first day of the year of the option.

For 2018, the deadline is Jan-31-2018. After that, the option will only be possible in January of the following year.

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<h2><p class=MsoTitle><span class=SpellE>Choosing</span> <span class=SpellE>the</span>
<span class=SpellE>best</span> <span class=SpellE>tax</span> regime for <span
class=SpellE>your</span> business in 2018</p></h2>

<p class=MsoNormal><span class=SpellE>Therefore</span>, <span class=SpellE>all</span>
<span class=SpellE>companies</span> are <span class=SpellE>required</span> <span
class=SpellE>to</span> <span class=SpellE>annually</span> <span class=SpellE>establish</span>
<span class=SpellE>the</span> <span class=SpellE>tax</span> system <span
class=SpellE>that</span> <span class=SpellE>will</span> <span class=SpellE>be</span>
<span class=SpellE>considered</span> in <span class=SpellE>calculation</span> <span
class=SpellE>and</span> in taxes <span class=SpellE>payment</span>, <span
class=SpellE>where</span> <span class=SpellE>the</span> <span class=SpellE>three</span>
<span class=SpellE>existing</span> <span class=SpellE>types</span> are <span
class=SpellE>mentioned</span>: <span class=SpellE>Actual</span> Profit, <span
class=SpellE>Presumed</span> Profit, <span class=SpellE>and</span> Simples
Nacional.</p>

<h4><p class=MsoSubtitle><span class=SpellE>How</span> <span class=SpellE>to</span>
<span class=SpellE>choose</span> <span class=SpellE>the</span> <span
class=SpellE>tax</span> system?</p></h4>

<p class=MsoNormal><span class=SpellE>Each</span> <span class=SpellE>company</span>
<span class=SpellE>should</span> <span class=SpellE>perform</span> <span
class=SpellE>the</span> <span class=SpellE>calculations</span> <span
class=SpellE>to</span> <span class=SpellE>identify</span> <span class=SpellE>what</span>
<span class=SpellE>is</span> <span class=SpellE>the</span> <span class=SpellE>most</span>
<span class=SpellE>appropriate</span> <span class=SpellE>taxation</span> <span
class=SpellE>form</span>, beneficial <span class=SpellE>and</span> <span
class=SpellE>less</span> <span class=SpellE>affect</span> its cash <span
class=SpellE>flow</span>. <span class=SpellE>Such</span> <span class=SpellE>calculations</span>
<span class=SpellE>should</span> <span class=SpellE>consider</span> <span
class=SpellE>all</span> taxes <span class=SpellE>applicable</span> <span
class=SpellE>to</span> <span class=SpellE>the</span> <span class=SpellE>company’s</span>
<span class=SpellE>operations</span>: <span class=SpellE>Income</span> <span
class=SpellE>tax</span>, social <span class=SpellE>contribution</span>, IPI,
PIS, COFINS, INSS, ISS (<span class=SpellE>service</span> <span class=SpellE>providers</span>)
<span class=SpellE>and</span>/<span class=SpellE>or</span> ICMS (<span
class=SpellE>commercial</span> <span class=SpellE>companies</span>), <span
class=SpellE>and</span> <span class=SpellE>their</span> nuances. It <span
class=SpellE>is</span> <span class=SpellE>noteworthy</span> <span class=SpellE>that</span>
<span class=SpellE>the</span> <span class=SpellE>participation</span> <span
class=SpellE>of</span> a <span class=SpellE>good</span> <span class=SpellE>accountant</span>
<span class=SpellE>is</span> <span class=SpellE>essential</span> <span
class=SpellE>that</span> <span class=SpellE>assessment</span>.</p>

<p class=MsoNormal>The <span class=SpellE>advantages</span> <span class=SpellE>or</span>
<span class=SpellE>disadvantages</span> for <span class=SpellE>each</span> <span
class=SpellE>company</span> <span class=SpellE>depend</span> <span
class=SpellE>on</span> <span class=SpellE>many</span> <span class=SpellE>variables</span>.
For <span class=SpellE>example</span>: <span class=SpellE>number</span> <span
class=SpellE>of</span> <span class=SpellE>employees</span>, <span class=SpellE>revenues</span>
ranges for <span class=SpellE>the</span> <span class=SpellE>last</span> <span
class=SpellE>twelve</span> <span class=SpellE>months</span>, <span
class=SpellE>growth</span> <span class=SpellE>from</span> <span class=SpellE>one</span>
<span class=SpellE>year</span> <span class=SpellE>to</span> <span class=SpellE>the</span>
<span class=SpellE>other</span>, <span class=SpellE>profitability</span>, <span
class=SpellE>activity</span> <span class=SpellE>practiced</span>, etc. <span
class=SpellE>Companies</span> <span class=SpellE>should</span> <span
class=SpellE>analyze</span> <span class=SpellE>the</span> <span class=SpellE>option</span>
for <span class=SpellE>taxation</span> <span class=SpellE>form</span>, <span
class=SpellE>considering</span> <span class=SpellE>the</span> business <span
class=SpellE>behavior</span> <span class=SpellE>and</span> <span class=SpellE>planning</span>
for <span class=SpellE>the</span> <span class=SpellE>coming</span> <span
class=SpellE>months</span>, in <span class=SpellE>order</span> <span
class=SpellE>to</span> decide for <span class=SpellE>the</span> <span
class=SpellE>best</span> <span class=SpellE>taxation</span> form.</p>

<h4><p class=MsoSubtitle><span class=SpellE>Taxation</span> systems</p></h4>

<h4><p class=MsoSubtitle>1)     <span class=SpellE>Actual</span>
Profit</p></h4>

<p class=MsoNormal>The <span class=SpellE>Actual</span> Profit <span
class=SpellE>is</span> a <span class=SpellE>taxation</span> <span class=SpellE>form</span>
<span class=SpellE>that</span> <span class=SpellE>all</span> <span
class=SpellE>companies</span> <span class=SpellE>may</span> <span class=SpellE>adopt</span>,
<span class=SpellE>regardless</span> <span class=SpellE>the</span> business <span
class=SpellE>or</span> <span class=SpellE>turnover</span> <span class=SpellE>line</span>,
<span class=SpellE>allowing</span> prior <span class=SpellE>period</span> <span
class=SpellE>losses</span> <span class=SpellE>compensation</span>. As <span
class=SpellE>this</span> <span class=SpellE>is</span> a more <span
class=SpellE>complex</span> system, it <span class=SpellE>requires</span> a <span
class=SpellE>very</span> <span class=SpellE>well</span> <span class=SpellE>made</span>
<span class=SpellE>bookkeeping</span>, as <span class=SpellE>well</span> as <span
class=SpellE>an</span> <span class=SpellE>accessory</span> <span class=SpellE>obligations</span>
<span class=SpellE>number</span>.</p>

<p class=MsoNormal>The <span class=SpellE>profit</span> <span class=SpellE>margin</span>
<span class=SpellE>of</span> <span class=SpellE>the</span> <span class=SpellE>company</span>
<span class=SpellE>should</span> <span class=SpellE>be</span> <span
class=SpellE>considered</span>, <span class=SpellE>since</span> <span
class=SpellE>the</span> <span class=SpellE>Actual</span> Profit starts <span
class=SpellE>from</span> <span class=SpellE>accounting</span> <span
class=SpellE>profit</span> <span class=SpellE>adjusted</span> <span
class=SpellE>by</span> <span class=SpellE>additions</span> <span class=SpellE>and</span>
<span class=SpellE>exclusions</span>, <span class=SpellE>according</span> <span
class=SpellE>to</span> <span class=SpellE>tax</span> <span class=SpellE>laws</span>.</p>

<p class=MsoNormal><span class=SpellE>This</span> <span class=SpellE>option</span>
in <span class=SpellE>most</span> cases, for PIS/COFINS, <span class=SpellE>the</span>
<span class=SpellE>company</span> <span class=SpellE>should</span> <span
class=SpellE>calculate</span> <span class=SpellE>by</span> non-<span
class=SpellE>cumulative</span> regime. At <span class=SpellE>this</span> point,
<span class=SpellE>the</span> <span class=SpellE>credit</span> <span
class=SpellE>restrictions</span> <span class=SpellE>that</span> <span
class=SpellE>the</span> <span class=SpellE>activity</span> <span class=SpellE>should</span>
<span class=SpellE>be</span> <span class=SpellE>considered</span>, <span
class=SpellE>since</span> <span class=SpellE>the</span> <span class=SpellE>company</span>
<span class=SpellE>may</span> <span class=SpellE>be</span> <span class=SpellE>saving</span>
<span class=SpellE>on</span> <span class=SpellE>income</span> <span
class=SpellE>tax</span> <span class=SpellE>and</span> social <span
class=SpellE>contribution</span> <span class=SpellE>and</span> <span
class=SpellE>losing</span> in <span class=SpellE>the</span> PIS/COFINS in <span
class=SpellE>opting</span> for <span class=SpellE>the</span> <span
class=SpellE>Actual</span> Profit, as <span class=SpellE>the</span> rates sum <span
class=SpellE>is</span> 9.25%.</p>

<p class=MsoNormal>The <span class=SpellE>option</span> for <span class=SpellE>Actual</span>
Profit <span class=SpellE>generally</span> does <span class=SpellE>not</span> <span
class=SpellE>influence</span> <span class=SpellE>on</span> ICMS, IPI, <span
class=SpellE>and</span> ISS <span class=SpellE>calculations</span> <span
class=SpellE>and</span> <span class=SpellE>on</span> <span class=SpellE>their</span>
<span class=SpellE>accessory</span> <span class=SpellE>obligations</span>, <span
class=SpellE>contrary</span> <span class=SpellE>to</span> <span class=SpellE>what</span>
<span class=SpellE>happens</span> in <span class=SpellE>the</span> Simples
Nacional.</p>

<h4><p class=MsoSubtitle>2)     <span class=SpellE>Presumed</span>
Profit</p></h4>

<p class=MsoNormal>The <span class=SpellE>Presumed</span> Profit <span
class=SpellE>is</span> a <span class=SpellE>simplified</span> <span
class=SpellE>taxation</span> <span class=SpellE>form</span> <span class=SpellE>of</span> <span
class=SpellE><a href=”http://www.contabeis.com.br/termos-contabeis/irpj”>Income
Tax of Legal Entities (IRPJ)</a></span> <span class=SpellE>and</span> <a
href=”http://www.contabeis.com.br/termos-contabeis/csll”>Social <span
class=SpellE>Contribution</span> <span class=SpellE>on</span> Net <span
class=SpellE>Income</span> (CSLL)</a>, <span class=SpellE>which</span> <span
class=SpellE>is</span> <span class=SpellE>through</span> a <span class=SpellE>profit</span>
<span class=SpellE>margin</span> <span class=SpellE>presumption</span> <span
class=SpellE>according</span> <span class=SpellE>to</span> <span class=SpellE>the</span>
<span class=SpellE>company’s</span> <span class=SpellE>activity</span>.</p>

<p class=MsoNormal>The <span class=SpellE>option</span> <span class=SpellE>is</span>
for <span class=SpellE>the</span> <span class=SpellE>company</span> <span
class=SpellE>whose</span> total <span class=SpellE>gross</span> <span
class=SpellE>revenue</span> in <span class=SpellE>the</span> <span
class=SpellE>previous</span> <span class=SpellE>year</span> <span class=SpellE>was</span>
<span class=SpellE>equal</span> <span class=SpellE>to</span> <span
class=SpellE>or</span> <span class=SpellE>less</span> <span class=SpellE>than</span>
<span class=SpellE>seventy-eight</span> <span class=SpellE>million</span> <span
class=SpellE>Brazilian</span> Reais (BRL 78,<span class=GramE>000,000.00</span>)
<span class=SpellE>or</span> <span class=SpellE>six</span> <span class=SpellE>million</span>
<span class=SpellE>five</span> <span class=SpellE>hundred</span> <span
class=SpellE>thousand</span> <span class=SpellE>Brazilian</span> Reais (BRL
6,500,000.00) <span class=SpellE>multiplied</span> <span class=SpellE>by</span>
<span class=SpellE>the</span> <span class=SpellE>months</span> in <span
class=SpellE>activity</span> <span class=SpellE>from</span> <span class=SpellE>the</span>
<span class=SpellE>previous</span> <span class=SpellE>year</span>, <span
class=SpellE>when</span> <span class=SpellE>less</span> <span class=SpellE>than</span>
<span class=SpellE>twelve</span> (12) <span class=SpellE>months</span>, <span
class=SpellE>subject</span> <span class=SpellE>to</span> <span class=SpellE>other</span>
<span class=SpellE>conditions</span> <span class=SpellE>provided</span> for in <span
class=SpellE>legislation</span>.</p>

<p class=MsoNormal>It <span class=SpellE>is</span> <span class=SpellE>noteworthy</span>
<span class=SpellE>that</span> some <span class=SpellE>companies</span> <span
class=SpellE>may</span> <span class=SpellE>not</span> <span class=SpellE>opt</span>
for <span class=SpellE>this</span> system <span class=SpellE>to</span> <span
class=SpellE>the</span> <span class=SpellE>detriment</span> <span class=SpellE>to</span>
<span class=SpellE>the</span> <span class=SpellE>performed</span> <span
class=SpellE>activities</span> <span class=SpellE>and</span> <span
class=SpellE>his</span> <span class=SpellE>expressed</span> <span class=SpellE>prohibitions</span>
<span class=SpellE>into</span> <span class=SpellE>law</span>, <span
class=SpellE>even</span> <span class=SpellE>if</span> <span class=SpellE>they</span>
are <span class=SpellE>framed</span> in <span class=SpellE>the</span> <span
class=SpellE>gross</span> <span class=SpellE>revenue</span> <span class=SpellE>earned</span>
<span class=SpellE>limit</span>.</p>

<p class=MsoNormal><span class=SpellE>If</span> <span class=SpellE>the</span> <span
class=SpellE>company</span> <span class=SpellE>has</span> a <span class=SpellE>profit</span>
<span class=SpellE>margin</span> <span class=SpellE>exceeding</span> <span
class=SpellE>the</span> <span class=SpellE>values</span> <span class=SpellE>established</span>
<span class=SpellE>by</span> <span class=SpellE>the</span> RFB, <span
class=SpellE>applying</span> <span class=SpellE>the</span> <span class=SpellE>primarily</span>
<span class=SpellE>established</span> <span class=SpellE>percentage</span> <span
class=SpellE>should</span> <span class=SpellE>be</span> more <span
class=SpellE>advantageous</span>.</p>

<p class=MsoNormal>For PIS/COFINS, <span class=SpellE>the</span> <span
class=SpellE>company</span>, <span class=SpellE>by</span> <span class=SpellE>opting</span>
for <span class=SpellE>Presumed</span> Profit, <span class=SpellE>should</span>
<span class=SpellE>calculate</span> it <span class=SpellE>on</span> a <span
class=SpellE>cumulative</span> <span class=SpellE>basis</span> <span
class=SpellE>and</span> <span class=SpellE>the</span> rates sum <span
class=SpellE>is</span> 3.65% <span class=SpellE>on</span> <span class=SpellE>revenue</span>,
in <span class=SpellE>which</span> case, <span class=SpellE>discount</span> <span
class=SpellE>credits</span> <span class=SpellE>from</span> <span class=SpellE>these</span>
<span class=SpellE>contributions</span> <span class=SpellE>is</span> <span
class=SpellE>forbidden</span>.</p>

<p class=MsoNormal>As for ICMS, IPI <span class=SpellE>and</span> ISS, <span
class=SpellE>the</span> <span class=SpellE>option</span> for <span
class=SpellE>the</span> <span class=SpellE>Presumed</span> Profit, as <span
class=SpellE>well</span> as <span class=SpellE>the</span> <span class=SpellE>Actual</span>
Profit, <span class=SpellE>generally</span> does <span class=SpellE>not</span> <span
class=SpellE>influence</span> <span class=SpellE>their</span> <span
class=SpellE>calculations</span> <span class=SpellE>and</span> <span
class=SpellE>accessory</span> <span class=SpellE>obligations</span>, <span
class=SpellE>different</span> <span class=SpellE>from</span> <span
class=SpellE>what</span> <span class=SpellE>happens</span> in <span
class=SpellE>the</span> Simples Nacional system.</p>

<h4><p class=MsoSubtitle>3)    Simples Nacional</p></h4>

<p class=MsoNormal>The Simples Nacional <span class=SpellE>is</span> a <span
class=SpellE>special</span> <span class=SpellE>tax</span> system <span
class=SpellE>provided</span> for in <span class=SpellE>the</span> <span
class=SpellE>Complementary</span> Law 123/2006, <span class=SpellE>with</span> <span
class=SpellE>subsequent</span> <span class=SpellE>amendments</span>. Taxes for <span
class=SpellE>all</span> federal agencies (Federal, <span class=SpellE>State</span>,
Federal <span class=SpellE>District</span> <span class=SpellE>and</span> <span
class=SpellE>Municipalities</span>), <span class=GramE>i.e.</span> <span
class=SpellE>income</span> <span class=SpellE>tax</span>, social <span
class=SpellE>contribution</span>, PIS, COFINS, IPI, ICMS, ISS <span
class=SpellE>and</span> <span class=SpellE>Contribution</span> <span
class=SpellE>to</span> Social Security <span class=SpellE>intended</span> <span
class=SpellE>to</span> Social Security <span class=SpellE>up</span> <span
class=SpellE>to</span> legal <span class=SpellE>entity</span> (CPP) are <span
class=SpellE>covered</span> in it, <span class=SpellE>which</span> are <span
class=SpellE>collected</span> <span class=SpellE>through</span> <span
class=SpellE>the</span> single <span class=SpellE>collection</span> <span
class=SpellE>document</span> for Simples Nacional, <span class=SpellE>the</span>
“Documento de Arrecadação do Simples Nacional – DAS”.</p>

<p class=MsoNormal>The <span class=SpellE>collection</span> <span class=SpellE>is</span>
<span class=SpellE>based</span> <span class=SpellE>on</span> <span
class=SpellE>the</span> <span class=SpellE>percentage</span> <span
class=SpellE>listed</span> in <span class=SpellE>the</span> <span class=SpellE>Annexes</span>
<span class=SpellE>of</span> <span class=SpellE>Complementary</span> Law
123/2006, <span class=SpellE>and</span> <span class=SpellE>focus</span> <span
class=SpellE>on</span> <span class=SpellE>revenue</span>. <span class=SpellE>Despite</span>
<span class=SpellE>an</span> <span class=SpellE>apparent</span> <span
class=SpellE>simplification</span>, it <span class=SpellE>is</span> <span
class=SpellE>far</span> <span class=SpellE>from</span> <span class=SpellE>simple</span>,
as <span class=SpellE>the</span> <span class=SpellE>taxpayer</span> <span
class=SpellE>should</span> <span class=SpellE>consider</span> <span
class=SpellE>many</span> <span class=SpellE>rules</span> <span class=SpellE>and</span>
<span class=SpellE>exceptions</span>.</p>

<p class=MsoNormal><span class=SpellE>You</span> <span class=SpellE>should</span>
<span class=SpellE>always</span> <span class=SpellE>perform</span> <span
class=SpellE>the</span> <span class=SpellE>calculations</span>, <span
class=SpellE>there</span> <span class=SpellE>may</span> <span class=SpellE>be</span>
a <span class=SpellE>disadvantage</span> in some <span class=SpellE>situations</span>
<span class=SpellE>involving</span> ICMS <span class=SpellE>and</span>
PIS/COFINS.</p>

<p class=MsoNormal>It <span class=SpellE>is</span> <span class=SpellE>noteworthy</span>
<span class=SpellE>that</span> <span class=SpellE>the</span> <span
class=SpellE>entrepreneur</span> <span class=SpellE>needs</span> <span
class=SpellE>to</span> <span class=SpellE>keep</span> <span class=SpellE>up</span>
<span class=SpellE>with</span> <span class=SpellE>changes</span> in <span
class=SpellE>the</span> system. <span class=SpellE>From</span> Jan-01-2018, <span
class=SpellE>among</span> <span class=SpellE>other</span> <span class=SpellE>changes</span>,
<span class=SpellE>there</span> <span class=SpellE>will</span> <span
class=SpellE>be</span>:</p>

<p class=MsoNormal>a)   <span class=SpellE>Extension</span> <span
class=SpellE>of</span> <span class=SpellE>revenue</span> <span class=SpellE>limit</span>:
<span class=SpellE>from</span> BRL 3.6 <span class=SpellE>million</span> <span
class=SpellE>to</span> BRL 4.8 <span class=SpellE>million</span>, for Micro <span
class=SpellE>and</span> <span class=SpellE>Small</span> Businesses; <span
class=SpellE>and</span> BRL 60 <span class=SpellE>thousand</span> <span
class=SpellE>to</span> BRL 81 <span class=SpellE>thousand</span> <span
class=SpellE>to</span> Individual <span class=SpellE>Microentrepreneurs</span>
(MEI);</p>

<p class=MsoNormal>b)   <span class=SpellE>Changes</span> in rate <span
class=SpellE>influence</span> <span class=SpellE>form</span>;</p>

<p class=MsoNormal>c)   <span class=SpellE>Decrease</span> in <span
class=SpellE>number</span> <span class=SpellE>of</span> <span class=SpellE>tables</span>
<span class=SpellE>and</span> <span class=SpellE>income</span> ranges;</p>

<p class=MsoNormal>d)   <span class=SpellE>Increase</span> in <span
class=SpellE>participants</span>, <span class=SpellE>which</span> <span
class=SpellE>may</span> <span class=SpellE>opt</span> for Simples Nacional;</p>

<p class=MsoNormal>e)   <span class=SpellE>Creation</span> <span
class=SpellE>of</span> <span class=SpellE>investor-angel</span> figure;</p>

<p class=MsoNormal>f)    <span class=SpellE>Creation</span> <span
class=SpellE>of</span> <span class=SpellE>other</span> <span class=SpellE>requirements</span>
<span class=SpellE>to</span> <span class=SpellE>access</span> <span
class=SpellE>special</span> <span class=SpellE>credit</span> <span
class=SpellE>lines</span>.</p>

<p class=MsoNormal>In <span class=SpellE>addition</span> <span class=SpellE>to</span>
<span class=SpellE>features</span> <span class=SpellE>involving</span> <span
class=SpellE>the</span> Simples Nacional, <span class=SpellE>the</span> <span
class=SpellE>companies</span> meeting <span class=SpellE>the</span> framework <span
class=SpellE>requirements</span> <span class=SpellE>should</span> <span
class=SpellE>attempt</span> <span class=SpellE>to</span> <span class=SpellE>registration</span>
deadline. The <span class=SpellE>taxpayers</span> <span class=SpellE>should</span>
<span class=SpellE>provide</span> <span class=SpellE>the</span> <span
class=SpellE>request</span> for <span class=SpellE>optiot</span> <span
class=SpellE>to</span> Simples Nacional <span class=SpellE>throughout</span> <span
class=SpellE>January</span> <span class=SpellE>of</span> <span class=SpellE>every</span>
<span class=SpellE>year</span>, <span class=SpellE>up</span> <span
class=SpellE>to</span> <span class=SpellE>the</span> <span class=SpellE>last</span>
business <span class=SpellE>day</span>. <span class=SpellE>Once</span> <span
class=SpellE>approved</span>, its <span class=SpellE>effects</span> are <span
class=SpellE>from</span> <span class=SpellE>the</span> <span class=SpellE>first</span>
<span class=SpellE>day</span> <span class=SpellE>of</span> <span class=SpellE>the</span>
<span class=SpellE>year</span> <span class=SpellE>of</span> <span class=SpellE>the</span>
<span class=SpellE>option</span>.</p>

<p class=MsoNormal>For 2018, <span class=SpellE>the</span> deadline <span
class=SpellE>is</span> Jan-31-2018. <span class=SpellE>After</span> <span
class=SpellE>that</span>, <span class=SpellE>the</span> <span class=SpellE>option</span>
<span class=SpellE>will</span> <span class=SpellE>only</span> <span
class=SpellE>be</span> <span class=SpellE>possible</span> in <span
class=SpellE>January</span> <span class=SpellE>of</span> <span class=SpellE>the</span>
<span class=SpellE>following</span> <span class=SpellE>year</span>.<

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