Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 112

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 112
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.S. subsidiaries. Accordingly, a U.S. Holder may
continue to be subject to tax under the PFIC excess distribution regime with respect to any lower-tier PFICs notwithstanding the U.S. Holder’s
mark-to-market election for the Ordinary Shares.

Our Company and all distributions,
interest, and other amounts paid by us with respect to our shares to persons who are not resident in the Cayman Islands are exempt from
all provisions of the Income Tax Ordinance in the Cayman Islands. No estate, inheritance, succession, or gift tax, rate, duty, levy, or
other charge is payable by persons who are not resident in the Cayman Islands with respect to any of our shares, debt obligations, or
other securities. All instruments relating to transactions with respect to our shares, debt obligations, or other securities and all instruments
relating to other transactions relating to our business are exempt from payment of stamp duty in the Cayman Islands, except for those
which hold interests in land in the Cayman Islands. There are currently no withholding taxes or exchange control regulations in the Cayman
Islands applicable to us or our shareholders.

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The tax consequences that would
apply if we are a PFIC would also be different from those described above if a U.S. Holder were able to make a valid qualified electing
fund (“QEF”) election. As we do not expect to provide U.S. Holders with the information necessary for a U.S. Holder
to make a QEF election, prospective investors should assume that a QEF election will not be available.

The U.S. federal income
tax rules relating to PFICs are very complex. Prospective U.S. investors are strongly urged to consult their own tax advisors with
respect to the impact of PFIC status on the purchase, ownership, and disposition of our Ordinary Shares, the consequences to them of an
investment in a PFIC, any elections available with respect to the Ordinary Shares, and the IRS information reporting obligations with
respect to the purchase, ownership, and disposition of Ordinary Shares of a PFIC.

Distributions

Subject to the discussion above
under “PFIC Consequences,” a U.S. Holder that receives a distribution with respect to our Ordinary Shares generally will
be required to include the gross amount of such distribution in gross income as a dividend when actually or constructively received to
the extent of the U.S. Holder’s pro rata share of our current and/or accumulated earnings and