Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 112

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 112
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,924 and nil, respectively. The related party’ advances are short-term in nature, non-interest bearing, unsecured and repayable on demand. As of December 31, 2024 and 2023, other payable- related party amounted to $367,017 and $35,240, respectively. Note 9 – Income Taxes The entities within the Company file separate tax returns in the respective tax jurisdictions in which they operate. British Virgin Islands The Company is a tax-exempt entity incorporated in British Virgin Islands. F-43 Hong Kong MMB HK was incorporated in Hong Kong and does not conduct any substantial operations of its own. No provision for Hong Kong profits tax has been made in the consolidated financial statements as MMB HK has no assessable profits for the year ended December 31, 2024 and 2023. China The Company’s PRC operating subsidiaries, being incorporated in the PRC, are governed by the income tax law of the PRC and is subject to PRC enterprise income tax (“EIT”). The EIT rate of PRC is 25%, which applies to both domestic and foreign invested enterprises. The Company’s PRC operating subsidiaries qualify as small and micro enterprises, and are subject to a preferential income tax rate of 5%. For the years ended December 31, 2024 and 2023, the Company incurred current income tax expenses of nil and nil, respectively. For the years ended December 31, 2024 and 2023, the Company did not incur any deferred tax expenses or benefits. Reconciliation of the Differences Between Statutory Tax Rate and the Effective Tax Rate The Company operates in serval tax jurisdictions. Therefore, its income is subject to various rates of taxation. The income tax expense differs from the amount that would have resulted from applying the Cayman Islands statutory income tax rate to the Company’s pre-tax income as follows:

|                                          |     | Years Ended  
 December 31, |     2024 |   |     |   |    2023 |   |
|:-----------------------------------------|:----|:-------------|---------:|:--|:----|:--|--------:|:--|
| Loss before income tax                   |     | $            | (344,142 | ) |     | $ | (11,497 | ) |
| Statutory tax rate in the PRC            |     |              |        5 | % |     |   |       5 | % |
| Income tax expense at statutory tax