Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 147

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 10
Chunk 147
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 be subject to withholding
taxes (including backup withholding), and such brokers or intermediaries may be required by law to withhold such taxes.

Under
the Hiring Incentives to Restore Employment Act of 2010, certain U. S. Holders are required to report information relating
to our Ordinary Shares, subject to certain exceptions (including an exception for Ordinary Shares held in accounts maintained by certain
financial institutions), by attaching a complete Internal Revenue Service Form 8938, Statement of Specified Foreign Financial Assets,
with their tax return for each year in which they hold Ordinary Shares. Failure to report the information could result in substantial
penalties. You should consult your own tax advisor regarding your obligation to file Form 8938.

Hong Kong
Taxation

Profits
Tax

No
tax is imposed in Hong Kong in respect of capital gains from the sale of property, such as our Ordinary Shares. Generally, gains
arising from disposal of the Ordinary Shares which are held more than two years are considered capital in nature. However, trading
gains from the sale of property by persons carrying on a trade, profession or business in Hong Kong where such gains are derived
from or arise in Hong Kong from such trade, profession or business will be chargeable to Hong Kong profit tax. Liability for
Hong Kong profits tax would therefore arise in respect of trading gains from the sale of Ordinary Shares realized by persons in
the course of carrying on a business of trading or dealing in securities in Hong Kong where the purchase or sale contracts are effected
(being negotiated, concluded and/or executed) in Hong Kong. Effective from April 1, 2018, profits tax is levied on a two-tiered
profits tax rate basis, with the first HK$2 million of profits being taxed at 8.25% for corporations and 7.5% for unincorporated
businesses, and profits exceeding the first HK$2 million being taxed at 16.5% for corporations and 15% for unincorporated businesses.
In addition, Hong Kong does not impose withholding tax on gains derived from the sale of stock in Hong Kong companies and does
not impose withholding tax on dividends paid outside of Hong Kong by Hong Kong companies. Accordingly, investors will not be
subject to Hong Kong withholding tax with respect to a disposition of their Ordinary Shares or with respect to the receipt of dividends
on their Ordinary Shares, if any. No income tax treaty relevant to the acquiring, withholding or dealing in the Class A