Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 204

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 204
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,222 |     |      | 4,348,458 |   |

14. income tax The Company and its subsidiaries file separate income tax returns. In general, all of the tax returns of the Company’s HK entities remain subject to examination by the tax authorities for up to six years from the date of filing. The Company may also be subject to the examinations of the tax filings in other jurisdictions, which are not material to the consolidated financial statements. Cayman Islands Under the current laws of the Cayman Islands, the Company and its subsidiaries in Cayman Islands are not subject to tax on its income or capital gains. In addition, upon any payment of dividends by the Company, no Cayman Islands withholding tax is imposed. British Virgin Islands Under the current laws of the British Virgin Islands(“BVI”), the Company’s subsidiary in BVI is not subject to tax on its income or capital gains. In addition, upon any payment of dividends by the Company, no British Virgin Islands withholding tax is imposed. Hong Kong The Company’s subsidiaries established in Hong Kong are subject to Hong Kong profits tax at a rate of 16.5% on their taxable income generated from operations in Hong Kong before April 1, 2018. Starting from the financial year commencing on April 1, 2018, the two-tiered profits tax regime took effect, under which the tax rate is 8.25% for assessable profits on the first HK$ 2million and 16.5% for any assessable profits in excess of HK$ 2million. F - 28 J-LONG GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED MARCH 31, 2024, 2023 AND 2022 14. income tax(cont.)

Composition of income tax expenses

The following table sets forth
current and deferred portion of income tax expenses:

|                                        |     | For the year ended 
 March 31,          |    2022 |   |     |     |      2023 |   |     |     |    2024 |   |
|:---------------------------------------|:----|:-------------------|--------:|:--|:----|:----|----------:|:--|:----|:----|--------:|:--|
|                                        |     | USD                |         |   |     | USD |           |   |     | USD |         |   |
| Current income tax expenses            |     |