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Lula Signs Debt Relief for Small Businesses

Summary by The Rio Times
Lula signed a law on 21 October cancelling federal tax debts of one-person businesses and lifting their revenue cap, four days before the runoff.

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Program was announced a few weeks from the second round of elections. Text also allows the hiring of up to two employees per microentrepreneur.

·Rio de Janeiro, Brazil
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The federal government sanctioned on Wednesday (21) the Complementary Bill (PLP) No 186/2026, which provides for forgiveness of... The post Law that forgives debt and increases limit of MEIs is sanctioned apareceu primeiro em Bem Paraná.

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Measure integrates package launched by the government to reduce debt and facilitate access to investments and will benefit 17.6 million entrepreneurs

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The Secretariat for Social Communication (Secom) reported that the initiative can benefit 17.6 million entrepreneurs, of whom 7.8 million are women.

·Buenos Aires, Argentina
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Prospera MEI foresees forgiveness of debts with the Union, increase of the billing limit and expansion of contracting opportunities

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CNN Brasil broke the news in São Paulo, Brazil on Wednesday, October 21, 2026.
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