Success story: Shenyang Machine Tool Group (Hong Kong) Co., Ltd

Shenyang Machine Tool Group (Hong Kong) Co., Ltd
Shenyang Machine Tool Group (Hong Kong) Co., Ltd

Industry

CNC & Ordinary Machine Tools

Customer Profile

Shenyang Machine Tool Group (Hong Kong) Co., Ltd. is a holding subsidiary of Shenyang Machine Tool (Group) Co., Ltd. Shenyang Machine Tool was awarded as the national well-known trademark and as “China's Top Ten Innovative Enterprises” in 2011. Shenyang Machine Tool Co., Ltd. (000410.SZ) became a sample stock of SZSE Strategic Emerging Industry Series Index. Shenyang Machine Tool has won the first China Industrial Awards, Top 500 Chinese Enterprises, Top 500 Competitiveness of China's Large Enterprise Groups, Top 500 Most Valuable Chinese Brands, Top 500 Chinese Manufacturing Enterprises, Top 500 Chinese Machinery Industry, National Innovation Enterprises, National Science and Technology Innovation and Trade Base, Ten National Models of State-owned Enterprises, and Liaoning Industrial Awards.

Market

United States

Tricor Services

Auditing; Tax Planning

Customer Since

2017

Helping businesses achieve maximum efficiency

We are very grateful to have Richful Deyong, A Tricor Company, assist our business growth over the past two years. Richful Deyong has helped to solve all the problems and challenges that we had never encountered before. They helped to achieve the best outcome and our leaders are extremely satisfied. There are some problems that are not within their scope of work, but they still tried their very best to assist. We trust Richful Deyong and hope to maintain this partnership for a long time!

Chief Financial Officer

CHALLENGE

Shenyang Machine Tool Group (Hong Kong) needed a local business services provider to ensure the prevention of double taxation by Mainland China and Hong Kong.

SOLUTION

Richful Deyong team assisted Shenyang Machine Tool Group (Hong Kong) in auditing its Hong Kong company report and conducted tax planning.

BENEFITS

Richful Deyong successfully assisted Shenyang Machine Tool Group (Hong Kong) in applying a deduction for paid taxes in Hong Kong.

Download our complimentary case study