Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 368

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 368
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 NLS’s share capital or if the NLS Common Shares or Preferred Shares sold give entitlement to at least 10% of NLS’s profits and reserves and were held for at least one year. The tax relief applies to the difference between the sale proceeds of NLS Common Shares or Preferred Shares by NLS and the acquisition costs of the participation (Gestehungskosten). Individuals and corporations not resident in Switzerland for tax purposes and not holding the NLS Common Shares or Preferred Shares as part of a trade or business carried on in Switzerland are not subject to Swiss federal, cantonal and communal individual income or corporate income tax, as the case may be, on capital gains realized on the sale of the NLS Common Shares or Preferred Shares. Gift and Inheritance Tax Transfers of NLS Common Shares or Preferred Shares may be subject to cantonal and/or communal inheritance or gift taxes if the deceased or the donor or the recipient were resident in a Canton levying such taxes. Swiss Stamp Duty NLS is subject to paying to the Swiss Federal Tax Administration a 1% Swiss federal issuance stamp tax (Emissionsabgabe) on any increase of the nominal share capital of NLS (including capital surplus) or any other equity contributions received by NLS (with or without issuance of shares). Certain costs incurred in connection with the issuance of shares (if any) may be deductible. There are several exemptions from stamp tax that may apply under certain circumstances (e.g., certain intercompany reorganizations). Swiss Securities Transfer Tax The purchase or sale (or other financial transfer) of the NLS Common Shares or Preferred Shares, whether by Swiss residents or non -Swissresidents, may be subject to Swiss securities transfer tax of up to 0.15%, calculated on the purchase price or the proceeds if the purchase or sale occurs through or with a bank or other securities dealer in Switzerland or Liechtenstein as defined in the Swiss Stamp Duty Act as an intermediary or party to the transaction unless an exemption applies. Automatic Exchange of Information in Tax Matters On November 19, 2014, Switzerland signed the multilateral competent authority agreement on the automatic exchange of financial account information, which is intended to ensure the uniform implementation of automatic exchange of information, or the AEOI. The AEOI is being introduced in Switzerland through bilateral agreements or multilateral agreements. Switzerland has concluded a multilateral agreement with the EU on the AEOI in tax matters, or the AEOI Agreement. This AEOI Agreement entered into force as of January 1