eSocial becomes mandatory for all private companies in the country

eSocial becomes mandatory for all private companies in the country

Federal government's goal is to reduce bureaucracies for companies by facilitating tax, social security and labor accounts

Government that reduce bureaucracies with eSocialPixabay - 04.07.2018The eSocial (Digital Bookkeeping System for Tax, Social Security and Labor Obligations) will be mandatory for all private companies in Brazil from this Monday (16).The new rule includes micro and small businesses (MEIs) that have special employees and insured.Employers need to submit company and employee documents to start using the system.The deadline for regularization runs until August 31 this year.According to the federal government, the purpose of eSocial is to facilitate the provision of information on all "tax, social security and labor obligations", such as bonds, payment of FGTS, advance notice.The focus is to reduce bureaucracy for businesses.Since January this year, eSocial has been mandatory for more than 13,000 companies, which have revenues of over R $ 78 million per year.Public agencies will be required to adopt the system from January 14, 2019.In a note, the eSocial Steering C...


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