HBY Equipment Manufacturing (Shenzhen) Co., Ltd. was established in 2002, providing technology consulting and world-wide procurement supply chain management services for overseas companies. Prior to 2010, HBY was production manufacturing enterprise, involving with tax refund and exemption for export of products. It was transformed into a service enterprise in 2012, and the headquarters closed the factories in China. In September 2015,under the recommendation of the partner,BMI got in touch with the financial manager of this company. With the support from the headquarters, both parties entered into agreement to establish cooperation within half month, under which BMI assisted this company in applying for preferential tax and refunding the tax payment for past three years.

February 2016:【HBY Equipment Manufacturing (Shenzhen) Co., Ltd.】received the business tax and surcharges refund of nearly RMB2 million from national treasury for the period from November 2012 to September 2015.
November 2015: 【HBY Equipment Manufacturing (Shenzhen) Co., Ltd.】obtained approval for VAT exemption, with a valid term of long-term effectiveness.
September 2015: 【HBY Equipment Manufacturing (Shenzhen) Co., Ltd.】entered into cooperation agreement with BMI.

If we could know BMI month in advance, we will get another tax refund of RMB1 million. It is much to be regretted that we could not cooperate earlier.

The financial manager specially flied to Shenzhen from Shanghai to present a fascinating training on how to enhance career ability for BMI staff, thanking BMI for assisting the refund of tax payment.