To be an individual micro-entrepreneur, the business cannot exceed 60,000 reals per year in revenues,  and cannot have a stake in another company as partner or owner.

The MEI can also have an employee receiving the minimum or prevailing wage - more information on this type of company can be found here.

the Limited liability company with multiple partners (SOCIEDADE EMPRESÁRIA LIMITADA) is a type of company that was designated as Company  composed by shares of Limited Responsibility, replaced by limited liability companies of any type.

this type of legal entity requires a plurality of partners, that is, not less than two, whether individuals or legal entities, founding capital without set minimum or maximum value - the responsibility of each partner is limited to his or her share of the capital.