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Brazil: Nearly 4 million new businesses opened in 2021

RIO DE JANEIRO, BRAZIL - The opening of small businesses in the country reached a record last year, according to a survey published by the Brazilian Micro and Small Business Support Service (Sebrae).

In 2021, more than 3.9 million entrepreneurs created micro and small businesses or registered as individual microentrepreneurs (MEI).

This number represents a 19.8% growth compared to 2020, when 3.3 million businesses were opened. Compared to 2018, the expansion reaches 53.9%. This year, 2.5 million national registrations of legal entities (CNPJ) were created.

According to Sebrae, the pandemic has forced many people to become . . .

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