Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 138

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 10
Chunk 138
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. See “ Item 3. D. Risk Factors - Risks Relating to Doing Business in the Jurisdictions in which we
Operate - Because our business is conducted in Hong Kong dollars and the price of our Class A Ordinary Shares is quoted in
United States dollars, changes in currency conversion rates may affect the value of your investments.”

British Virgin Islands Exchange Controls

There are no exchange controls restrictions on
payment of dividends, interest or other payments to the holders of our Ordinary Shares or on the conduct of our operations in the BVI,
where we were incorporated. There are no BVI laws that impose any exchange controls on us or that affect the payment of dividends, interest
or other payments to nonresident holders of our ordinary shares. BVI law and our articles of association do not impose any material limitations
on the right of non-residents or foreign owners to hold or vote our Ordinary Shares.

10. E Taxation

United States
Federal Income Tax Considerations

The
following discussion is a summary of United States federal income tax considerations relating to the ownership and disposition of
our Class A Ordinary Shares by a U. S. holder (as defined below) that holds our Class A Ordinary Shares as “capital assets”
(generally, property held for investment) under the United States Internal Revenue Code of 1986, as amended (the “ Code”).
This discussion is based upon existing United States federal income tax law, which is subject to differing interpretations and may
be changed, possibly with retroactive effect. No ruling has been sought from the Internal Revenue Service (the “ IRS”) with
respect to any United States 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 does not address all aspects of United States federal income taxation that may
be important to particular investors in light of their individual circumstances, including investors subject to special tax rules (for
example, banks or other financial institutions, insurance companies, broker-dealers, pension plans, cooperatives, traders in securities
that have elected the mark-to-market method of accounting for their securities, partnerships and their partners, regulated investment
companies, real estate investment trusts, and tax-exempt organizations (including private foundations)), holders who are not U. S. holders,
holders who own (directly, indirectly, or constructively) 10% or more of our voting shares, holders who will hold their Ordinary Shares
as part of a straddle, hedge, conversion