Company: MEGL
Filing Date: 2025-07-11
Form Type: F-1/A
Source: 0001641172-25-018709
Chunk: 84

Company: Magic Empire Global Ltd
Filing Date: 2025-07-11
Form: F-1/A
Chunk 84
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 we rely on dividends paid to us by our subsidiaries for our cash requirements, including funds to pay any dividends and other cash distributions to our shareholders, service any debt we may incur and pay our operating expenses. Our ability to pay dividends to our shareholders will depend on, among other things, the availability of dividends from our Hong Kong subsidiaries.

Cash dividends, if any, on our ordinary shares will be paid in U.S. dollars.

Under the current practice of the Inland Revenue Department of Hong Kong, no tax is payable in Hong Kong in respect of dividends paid by us.

| 44 |

<div align='center'>CAPITALIZATION</div>

The following table sets forth our capitalization as of December 31, 2024 on:

| ● | an actual basis, giving effect                                                                                                    
 to the (i) re-designation of Class A ordinary shares and Class B ordinary shares effectuated on December 5, 2024; and (ii) share  
 combination at a ratio of 4-to-1 effectuated on February 6, 2025; and                                                             |
|:--|:----------------------------------------------------------------------------------------------------------------------------------|
| ● | on an as adjusted basis to                                                                                                        
 give effect to the issuance and sale of up to 15,000,000 Class A ordinary shares offered hereby, based on a fixed public offering 
 price of $[0.54] per Class A ordinary share after deducting the Placement Agent’s commissions, non-accountable expense allowance  
 and estimated offering expenses payable by us.                                                                                    |

You should read this information together with our audited consolidated financial statements appearing elsewhere in this prospectus and the information set forth under the sections titled “Exchange Rate Information,” “Use of Proceeds” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

|                                                                                                                                       |     | As                   
 of December 31, 2024 |             |   |     |        |            |   |     |             |              |   |
|:--------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------|------------:|:--|:----|:-------|-----------:|:--|:----|:------------|-------------:|:--|
|                                                                                                                                       |     | Actual               |             |   |     | Actual |            |   |     | Adjusted(1) |              |   |
|                                                                                                                                       |     | HK$                  |             |   |     | US$    |            |   |     | US$         |              |   |
| Ordinary shares, authorised