Company: YDDL
Filing Date: 2025-10-09
Form Type: 424B4
Source: 0001213900-25-097758
Chunk: 168

Company: One & one Green Technologies. INC
Filing Date: 2025-10-09
Form: 424B4
Chunk 168
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 2023, the Company did not have any material interest or penalties associated with tax positions. The Company did not have any significant unrecognized uncertain tax positions as of December 31, 2024 and 2023. The Company does not expect that its assessment regarding unrecognized tax positions will materially change over the next 12 months.

F-20 ONE AND ONE GREEN TECHNOLOGIES. INC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 10.Income Taxes (cont.) The taxes payable include income tax payable and VAT. The increase of approximately $2.4million in taxes payable was driven by higher accrued income tax liabilities under ASC 740 due to increased profitability, along with elevated VAT obligations resulting from greater sales volume. 11.Employee contribution plan The Company operates in the Philippines, where Philippine law mandates employee and employer contributions to the Social Security System (“SSS”), the Home Development Mutual Fund (“Pag -IBIGFund”), and the Philippines Health Insurance Corporation (“PhilHealth”) for private sector employees and certain self -employedindividuals. Contributions to these plans are reflected as employee benefit expense in the Company’s consolidated financial statements. The specific amounts expensed depend on the applicable contribution rates and employee salaries. Employees and employers contribute jointly to the SSS. The contribution rates are determined by a prescribed table, with the current rate set at 14% of the employee’s monthly salary credit, subject to a maximum salary credit base. The SSS offers social security benefits including sickness, maternity, disability, retirement, and death benefits. Similarly, contributions to the Pag -IBIGFund are mandatory and shared between employees and employers. The current contribution rate for employees is 2% of their monthly compensation, which is matched by the employer. The Pag -IBIGFund provides its members with access to housing and short -termloans, savings programs, and dividend earnings. In addition, both employees and employers are required to contribute to PhilHealth, the national health insurance program. The contribution rate is 5% of the employee’s monthly salary, subject to a minimum salary base of PHP 10,000 and a maximum salary base of PHP 100,000. PhilHealth provides employees with access to healthcare benefits, including inpatient and outpatient services, surgeries, and other medical reimbursements. The total expenses incurred for the plan were $25,393 and $38,023 for the years ended December 31, 2024 and 2023, respectively. 12.Shareholders’ Equity Ordinary shares The authorized share capital of the Company