Company: JOCM
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-022470
Chunk: 18

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 18
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 Foreign, representing 

    - Labuan 
    $(105,847) 
     34,858 
  
    - Malaysia
    (other than Labuan) 
    $(1,297) 
     (1,937)
  
    Foreign 
    $(1,297) 
     (1,937)

    (Loss)/Profit before income
    tax 
    $(126,819) 
     37,218 

The
provision for income taxes consisted of the following:

SCHEDULE OF PROVISION INCOME TAXES

     For
                                                                                                                                                                                                                                                                                                               the nine
                                                                                                                                                                                                                                                                                                                                                            months ended September
                                            30, 2025  
     For
                                                                                                                                                                                                                                                                                                               the nine
                                                                                                                                                                                                                                                                                                                                                            months ended September
                                            30, 2024 

    Current: 

    - Local 
    $-  
    $- 
  
    - Foreign 
     -  
     - 
  
    Income tax expense 
    $-  
    $- 

The
effective tax rate in the years presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range
of income tax rates. The Company has subsidiaries that operate in various countries: United States and Malaysia including Labuan that
are subject to taxes in the jurisdictions in which they operate, as follows:

United
States of America

The
Company is registered in the State of Nevada and is subject to the tax laws of the United States of America. As of September 30, 2025,
the operations in the United States of America incurred $615,869 of cumulative net operating losses which can be carried forward to offset
future taxable income. The net operating loss carry forwards begin to expire in 2041, if unutilized.

Labuan

Under
the current laws of the Labuan, Jocom Holdings Corp.is governed under the Labuan Business Activity Act, 1990. The tax charge for such
company is based on 3% of net audited profit.

Malaysia
(Other than Labuan)

Under
the current laws of Malaysia, JHC Digital Sdn. Bhd. is governed under the Income Tax Act, 1967. The tax charge for such company is based
on 24% of net audited profit.

    F-13

JOCOM
HOLDINGS CORP.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR