Quantity of small companies provides as much as 3 million registrations within the yr

Small Brazilian businesses continue to collect large numbers in 2022. In the first three quarters of the year, the sum of the opening of ventures in the three sizes – Individual Micro-entrepreneur (MEI), micro-enterprise (ME) and small-sized business (EPP) – reached approximately 3 million records. The data are part of the Sebrae survey.

In January, February and March, more than 823.8 thousand MEI, 165,380 micro and 30,697 small companies were generated – totaling 1,019,887 new CNPJs.

The second quarter of 2022 had fewer registrations of MEI (776,567), but exceeded the volume of ME (approximately 168.8 thousand) and EPP (32,795), which culminated in 978,188 projects at the end of the period.

A similar situation occurred in the sum of July, August and September, when the number of new MEI remained slightly below the first quarter of the year (more than 752 thousand), however, the registrations of ME (over 182.6 thousand) and EPP (34,593) balanced the comparison and the final amount was 969,493.

For the president of Sebrae, Carlos Melles, the numbers show a stable and continuous growth in the number of individual micro-entrepreneurs and micro and small companies – an essential factor for the country’s economic development. “This only reinforces the strategic role of this segment, which represents 99% of Brazilian companies and directly or indirectly benefits 86 million people, almost 40% of the entire population”, he stresses. “We cannot lose sight of the fact that MSEs have been responsible, in recent years, for seven out of 10 new jobs created in the country”, he adds.

Source: Sebrae Agency