Company: EGG
Filing Date: 2025-03-04
Form Type: DRS/A
Source: 0001493152-25-008991
Chunk: 73

Company: ENIGMATIG LTD
Filing Date: 2025-03-04
Form: DRS/A
Chunk 73
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30, |        |     |      |          |   |     |      |         |   |
|                      |     |                              2022 |        |     | 2023 |          |   |     | 2024 |         |   |
|                      |     |                               US$ |        |     |  US$ |          |   |     |  US$ |         |   |
| Other income(loss)   |     |                                   |        |     |      |          |   |     |      |         |   |
| Interest income      |     |                                   |     99 |     |      |      267 |   |     |      |     700 |   |
| Government grant     |     |                                   | 18,558 |     |      |   14,521 |   |     |      |  13,559 |   |
| Exchange gain (loss) |     |                                   | 77,936 |     |      | (139,585 | ) |     |      | (77,448 | ) |
| Others               |     |                                   |    200 |     |      |   22,424 |   |     |      |   3,874 |   |
| Total                |     |                                   | 96,793 |     |      | (102,373 | ) |     |      | (59,315 | ) |

Income tax expense

For the years ended September 30, 2022, 2023 and 2024, our income tax expense comprised our current tax expense and deferred tax.

| 45 |

Taxation

Cayman Islands, Seychelles and BVI

ENIGMATIG LIMITED, Enigmatig Corp Limitedand Enigmatig (BVI) Limited are domiciled in the Cayman Islands, Seychells and the British Virgin Islands, respectively. The localities currently enjoy permanent income tax holidays; accordingly, ENIGMATIG LIMITED, Enigmatig Corp Limited and Enigmatig (BVI) Limited do not accrue for income taxes.

Singapore

Our significant subsidiary, Enigmatig Pte Ltd., was incorporated and is operating in Singapore. It is subject to enterprise income tax on its taxable income as determine under Singapore tax laws and accounting standards at a statutory tax rate of 17%, with 75% of the first S$10,000 taxable income and 50% of the next S$190,000 taxable income exempted from income tax