Company: CHOW
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001641172-25-026148
Chunk: 159

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-09-02
Form: F-1/A
Chunk 159
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 tax consequences of owning and disposing of the Ordinary Shares if we are or become a PFIC.

Hong Kong Taxation

The following summary of certain relevant taxation provisions under the laws of Hong Kong is based on current law and practice and is subject to changes therein. This summary does not purport to address all possible tax consequences relating to purchasing, holding or selling our Ordinary Shares, and does not take into account the specific circumstances of any particular investors, some of whom may be subject to special rules. Accordingly, holders or prospective purchasers (particularly those subject to special tax rules, such as banks, dealers, insurance companies and tax-exempt entities) should consult their own tax advisers regarding the tax consequences of purchasing, holding or selling our Ordinary Shares. As advised by Loong & Yeung, our counsel with respect to Hong Kong law, under the current laws of Hong Kong:

| ● | No profit tax is imposed                                                                                                                       
 in Hong Kong in respect of capital gains from the sale of the Ordinary Shares.                                                                 |
| ● | Revenues gains from the                                                                                                                        
 sale of our Ordinary Shares by persons carrying on a trade, profession or business in Hong Kong where the gains are derived from               
 or arise in Hong Kong from the trade, profession or business will be subject to Hong Kong profits tax, which is currently                      
 imposed at the rate of 16.5% and 15% on corporations and unincorporated businesses, respectively, and at a maximum rate of 15% on individuals. 
 A two-tiered profits tax rates regime applies: 8.25% for corporation and 7.5% for unincorporated businesses and individuals on the             
 first HK$2 million of assessable profit, and 16.5% for corporation and 15% for unincorporated businesses and individuals on the                
 remainder of assessable profits.                                                                                                               |
| ● | Gains arising from the                                                                                                                         
 sale of Ordinary Shares, where the purchases and sales of the Ordinary Shares are effected outside of Hong Kong such as, for example,          
 on Cayman Islands, should not be subject to Hong Kong profits tax.                                                                             |

According to the current tax practice of the Hong Kong Inland Revenue Department, dividends paid on the Ordinary Shares would not be subject to any Hong Kong tax.

No Hong Kong stamp duty is payable on the purchase and sale of the Ordinary Shares.

| 105 |

<div align='center'>Underwriting</div>

We will enter into an underwriting agreement with US Tiger Securities, Inc. to act