Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 208

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 208
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”) — 17.00% based on employee’s monthly salary for employees aged 55 and below, reduces progressively to 7.5% as age increase; |

| — | Skill Development Levy (“SDL”) — up to 0.25% based on employee’s monthly salary capped $8.3 (SGD 11.25). |

Malaysian subsidiary

| — | Social Security Organization (“SOSCO”) — 1.75% based on employee’s monthly salary capped of RM 4,000; |

| — | Employees Provident Fund (“EPF”) — 12% based on employee’s monthly salary; and |

| — | Employment Insurance System (“EIS”) — 0.2% based on employee’s monthly salary capped of RM 4,000. |

Hong Kong subsidiaries

| — | Mandatory Provident Fund (“MPF”) — 5% based on employee’s monthly salary capped of HKD 30,000; |

Brazil subsidiary

| — | Employees’ Severance Indemnity Fund (“FGTS”) — 8% based on employee’s monthly salary; |

| — | Social Security Contribution (“INSS”) — up to 14% based on employee’s monthly salary capped of BRL 7,507; |

United Kingdom subsidiary

| — | National Insurance Contribution (“NIC”) — up to 15.05% based on employee’s monthly salary, subject to statutory thresholds; |

| — | Workplace Pension — minimum 3% based on qualifying earnings; |

Dubai subsidiary

| — | General Pension and Social Security Authority (“GPSSA”) — 12.5% based on employee’s monthly salary; |

People of republic of China (“PRC”) subsidiary

| — | Social Security and Housing Provident Fund Contributions — Employers are required to contribute to five statutory social insurance programs (pension, medical, unemployment, maternity, and work-related injury) and the housing provident fund. The total employer contribution rate typically ranges from approximately 30% to 40% of each employee’s monthly salary, subject to minimum and maximum contribution bases set by local authorities. The exact contribution rates and bases vary by city and province. |

F-20 GCL GLOBAL HOLDINGS LTD AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Goods and Services Taxes (“GST”) and Value Added Taxes (“VAT”) Revenue represents the invoiced value of service, net of applicable GST or VAT. The GST is chargeable on gross