Company: GRAN
Filing Date: 2025-03-14
Form Type: F-1/A
Source: 0001213900-25-023979
Chunk: 263

Company: Grande Group Ltd/HK
Filing Date: 2025-03-14
Form: F-1/A
Chunk 263
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 10,000,000 ordinary shares issued and outstanding with a par value of $0.00001 per share, amounting to $100. The subdivision of 100shares to 10,000,000shares on June 4, 2024 was retroactively applied as if the transaction occurred at the beginning of the period presented. NOTE 11 — EMPLOYEE BENEFIT PLANS HK SAR The Company has a defined contribution pension scheme for its qualifying employees. The scheme assets are held under a provident fund managed by an independent fund manager. The Company and its employees are each required to make contributions to the scheme calculated at 5% of the employees’ basic salaries on monthly basis. NOTE 12 — PROVISION FOR INCOME TAXES BVI Grande Group are not subject to tax on income or capital gains under current BVI law. In addition, upon payments of dividends by these entities to their shareholders, no BVI withholding tax will be imposed. HK SAR Under the two -tieredprofits tax rates regime, the first HK$2 million of the estimated assessable profits of the qualifying group entity will be taxed at 8.25%, and profits above HK$2 million will be taxed at 16.5%. The assessable profits of group entities not qualifying for the two -tieredprofits tax rates regime will continue to be taxed at a flat rate of 16.5%. Accordingly, the HK SAR profits tax is calculated at 8.25% on the first HK$2 million of the estimated assessable profits and at 16.5% on the estimated assessable profits above HK$2 million. The effective tax rates on income before income tax for the years ended March 31, 2024 and 2023 was 15.67% and 14.83%, respectively.

F-20

NOTE 12 — PROVISION FOR INCOME TAXES (cont.) The current and deferred portions of the income tax expenses included in the consolidated statements of operations as determined in accordance with ASC 740 are as follows:

|                     |     | March 31, |    2024 |     |   |    2023 |
|:--------------------|:----|:----------|--------:|:----|:--|--------:|
| Current taxes       |     | $         | 291,282 |     | $ |       — |
| Deferred taxes      |     |           |  42,789 |     |   | 222,690 |
| Income tax expenses