Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 174

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 174
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 guarantee that all employee awarded equity-based
incentives can successfully register with SAFE in full compliance with the Stock Incentive Plan Notice. See “ Risk Factors - Risks
Related to Doing Business in China. ”

E. Taxation

The following is a general summary of the material
Marshall Islands, Hong Kong, BVI, PRC and U. S. federal income tax consequences relevant to an investment in our shares of common stock,
sometimes referred to collectively in this summary as our “securities”. The discussion is not intended to be, nor should it
be construed as, legal or tax advice to any particular prospective purchaser. The discussion is based on laws and relevant interpretations
thereof in effect as of the date of this Annual Report, all of which are subject to change or different interpretations, possibly with
retroactive effect. The discussion does not address United States state or local tax laws, or tax laws of jurisdictions other than the
Marshall Islands, Hong Kong, the BVI, the PRC and the United States. We recommend that you consult your own tax advisors with respect
to the consequences of acquisition, ownership and disposition of our securities.

Marshall Islands Taxation

The following are the material Marshall Islands
tax consequences of our activities to us and to our stockholders of investing in our Common Stock. Under current Marshall Islands law,
we are not subject to tax on income or capital gains, and no Marshall Islands withholding tax or income tax will be imposed upon payments
of dividends by us to our stockholders or proceeds from the disposition of our Common Stock, provided such stockholders are not residents
in the Marshall Islands. There is no tax treaty between the United States and the Republic of the Marshall Islands.

BVI Taxation

The BVI does not impose a withholding tax on dividends
paid to us by our BVI subsidiary, nor does the BVI levy any capital gains or income taxes on us or our BVI subsidiary. However, our BVI
subsidiary is required to pay the BVI government an annual license fee based on the number of shares it is authorized to issue.

There is no income tax treaty or convention currently
in effect between the United States and the BVI.

Hong Kong Taxation

Our Hong Kong subsidiaries, under the current
laws of Hong Kong, are subject to profits tax of 16.5%. No provision for Hong Kong profits tax has been made as our Hong Kong subsidiaries
have no taxable income.

PRC Taxation

We are a holding