Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 254

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 254
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, will be subject to Hong Kong profits
tax. Certain categories of taxpayers (for example, financial institutions, insurance companies and securities dealers) are likely to
be regarded as deriving trading gains, rather than capital gains, unless these taxpayers can prove that the investment securities are
held for long-term investment purposes.

Stamp Duty Ordinance (Chapter 117 of the Laws of Hong Kong)

Under the Stamp Duty Ordinance,
the Hong Kong stamp duty, currently charged at the ad valorem rate of 0.13% (commencing from August 1, 2021) on the higher
of the consideration for, or the market value of, the shares, will be payable by the purchaser on every purchase and by the seller on
every sale of Hong Kong shares (in other words, a total of 0.26% is currently payable on a typical sale and purchase transaction
of Hong Kong shares). In addition, a fixed duty of HK$5 is currently payable on any instrument of transfer of Hong Kong shares.
Where one of the parties is a resident outside Hong Kong and does not pay the ad valorem duty due by it, the duty not paid will
be assessed on the instrument of transfer (if any) and will be payable by the transferee. If no stamp duty is paid on or before the due
date, a penalty of up to ten times the duty payable may be imposed.

Estate duty

Hong Kong estate duty
was abolished effective from February 11, 2006. No Hong Kong estate duty is payable by shareholders in relation to the shares
owned by them upon death.

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Material U.S. Federal Income Tax Consequences

The following discussion
is a summary of U.S. federal income tax considerations generally applicable to the ownership and disposition of our Ordinary Shares by
a “U.S. Holder” (as defined below) that acquires our Ordinary Shares in this offering and holds our Ordinary Shares as “capital
assets” (generally, property held for investment) under the U.S. Internal Revenue Code of 1986, as amended, or the Code. This discussion
is based upon existing U.S. federal tax law, which is subject to differing interpretations or change, possibly with retroactive effect.
No ruling has been sought from the Internal Revenue Service, or the “IRS,” with respect to any U.S. federal income tax consequences
described below, and there can be no assurance that the IRS or a court will not take a contrary position. This discussion