Microentrepreneurs can still file overdue annual tax declarations and avoid penalties

Microempreendedores Individuais (MEIs) missed the annual tax declaration deadline on Sunday, May 31, 2026. Late filers face a penalty of 2% per month on taxes owed, capped at 20%, with a minimum fine of R$50. The mandatory DASN-SIMEI declaration requires reporting annual revenue and any employee hires. MEIs can still submit the declaration online through the Portal do Empreendedor to regularize their status and avoid further penalties. Failure to declare can lead to fines and CNPJ cancellation. MEIs are advised to file monthly revenue reports to simplify the annual declaration process.