Once tamed you will be able to pick up the bee and it will add a hive to your inventory. You can then place it at your base. Keep in mind you will need to put rare flowers inside the beehive in order to keep it alive and producing honey.
ALWAYS break the hive with ranged attacks. If you choose to melee it,drones will continuously spawn from it infinitely, and they will repair the hive, so best to shoot it down and kill all the drones before attempting a tame. Oh, and the queen will spawn more drones periodically, so bee careful.