Company: EGG
Filing Date: 2025-03-04
Form Type: DRS/A
Source: 0001493152-25-008991
Chunk: 207

Company: ENIGMATIG LTD
Filing Date: 2025-03-04
Form: DRS/A
Chunk 207
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 of 25% for years ended September 30, 2024, 2023 and 2022. The subsidiary has no operating profit or tax liabilities for the years ended September 30, 2024, 2023 and 2022.

Belize

The Company’s subsidiary, Enigmatig (Belize) Limited, is considered Belize tax resident enterprises under Belize tax laws; accordingly, they are subject to enterprise income tax on their taxable income as determine under Belize tax laws and accounting standards at a statutory tax rate of 25% for years ended September 30, 2024, 2023 and 2022. The subsidiary has no operating profit or tax liabilities for the years ended September 30, 2024, 2023 and 2022.

Significant components of the provision for income taxes are as follows:

|                                                   |     | For the years ended September 30, |         |     |      |         |     |      |         |
|                                                   |     |                              2024 |         |     | 2023 |         |     | 2022 |         |
|                                                   |     |                               US$ |         |     |  US$ |         |     |  US$ |         |
| Income tax expense is comprised of the following: |     |                                   |         |     |      |         |     |      |         |
| Current income tax                                |     |                                   | 142,212 |     |      | 242,643 |     |      | 124,444 |

A reconciliation between of the statutory tax rate to the effective tax rate are as follows:

|                                                            |     | For the years ended of September 30, |         |    |     |      |           |    |     |      |         |    |
|                                                            |     |                                 2024 |         |    |     | 2023 |           |    |     | 2022 |         |    |
|                                                            |     |                                  US$ |         |    |     |  US$ |           |    |     |  US$ |         |    |
| Profit before tax                                          |     |                                      | 963,404 |    |     |      | 1,377,079 |    |     |      | 262,138 |    |
| Effects of:                                                |     |                                      |         |    |     |      |           |    |     |      |         |    |
| - Income computed at