Tax-refund: In December 2016, the business tax and surcharges of almost RMB 500,000 for the previous three years were refunded to the customer.

Tax-exemption: The customer enjoyed exemption of VAT and surcharges starting from January 2016, resulting in over RMB 200,000 tax-saving amount per annum;

- Welcome to our company to inspect the duly tax-exemption approvals issued by the competent tax authority and the customer’s tax-refund certificates!

(1) Customer background

Company Name: Shenzhen Office of Hong Kong EBR
Established in: 2006
Headcount:Located in Hong Kong, it is mainly engaged in the procurement and provision of charged electronic products such as electronic tools and small appliances for German companies.
Operating business: Mainly providing the headquarters with procurement follow-up, quality management, logistics tracking, and supplier sourcing services.

(2) Customer’s demand

1. Compliance with the laws and the regulations, free of risk:
The client’s management team attaches great importance to risk prevention, and they expect BMICS to ensure tax exemption is based on the relevant laws and regulations, while tax refund has zero risk.
2. Demand for high quality and professional service:
The client needs BMICS to design a professional resolution, deliver in a given timeframe, achieve efficiency and maximize the benefits.
3. Seeking for long-term partner in finance and taxation
The client’s management team seeks for a long-term partner in finance and taxation, who can grow up with the client in good faith. When exercising the boutique experience to make it benefit from preferential tax policy on a legal basis, such partner can provide general services in finance and taxation, continue to focus on the related preferential policy and deliver a comprehensive of services.

1. Assessment of the feasibility to enjoy preferential tax
BMI dispatches in-house senior advisors to conduct on-site survey for clients in respect of their background, product offerings, businesses, operation, etc. to understand clients’ situation and to make accurate judgment on the feasibility of tax exemption/refund benefits by reference to the relevant regulations.

2. Answering any questions from the management in patience and consideration
Due to the internal need of decision-making division, the finance controller in Hong Kong needs to respond to various questions raised by business departments and CFO in headquarters. Partners of BMICS go in and out of Hong Kong for multiple times, in order to introduce the relevant laws and regulations in the Mainland to the management, and answer any question from clients.

3. Tailor-made tax saving solution
Based on the more attention to risk paid by the client and the demand of making maximal profit, we provide an optimal and tailor-made tax saving solution. The businesses are highly divided into those with and without tax exemption against client’s staff division. Leveraging on our research on the regulations, any contract involving with taxation is improved and regulated, therefore, we can help client maximize benefit at zero risk.

4. One-off information collection
BMI uses its past extensive experience to prepare a detailed information list, make an orderly preparation and collect relevant information, in order to maximize the efficiency of its work.

5. Comprehensively implement and promote the tax preference policy
To be responsible for answering questions about approvals handled by related departments of the State Local Taxation Bureau and provide detailed explanation for related information about business operation of the office as well as legal basis and judgment standards of enjoying tax preferences. Moreover, we follow up the approval opinions of state and local competent tax authorities and relevant officials in the whole process to understand the schedule and strive for maximizing value for clients.

6. Follow-up services
In response to client’s consideration of risk, on one hand, our team will continue to focus on any development of regulations and client profile, offering any necessary guidance; on the other hand, the internal senior advisor will help financial staff procure the professional knowledge on risk prevention, making client feel at ease.

5. Customer Evaluation