Company: DKI
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001641172-25-021310
Chunk: 137

Company: DarkIris Inc.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 137
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 “MPFSO”)

The MPFSO is an ordinance enacted for the purposes of providing for the establishment of non-governmental mandatory provident fund schemes, or the MPF Schemes. The MPFSO requires every employer of an employee of 18 years of age or above but under 65 years of age to take all practical steps to ensure the employee becomes a member of a registered MPF Scheme. Subject to the minimum and maximum relevant income levels, it is mandatory for both employers and their employees to contribute 5% of the employee’s relevant income to the MPF Scheme. Any employer who contravenes this requirement commits a criminal offence and is liable on conviction to a fine and imprisonment.

Any employer who, without reasonable excuse, fails to enroll eligible employees in a registered MPF Scheme commits a criminal offense and is liable, upon conviction, to a maximum fine of HK$350,000 and imprisonment for three years. In addition, the employer is subject to a daily penalty of HK$500 for each day the offense continues.

Any employer who, without reasonable excuse, fails to pay mandatory contributions to the MPF Scheme commits a criminal offense and is liable, upon conviction, to a maximum fine of HK$100,000 and imprisonment for six months on the first conviction, and a maximum fine of HK$200,000 and imprisonment for 12 months for each subsequent conviction.

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Laws and regulations related to taxation

Inland Revenue Ordinance (Chapter 112 of the Laws of Hong Kong)

Under the Inland Revenue Ordinance (Chapter 112 of the Laws of Hong Kong), where an employer commences to employ in Hong Kong an individual who is or is likely to be chargeable to tax, or any married person, the employer shall give a written notice to the Commissioner of Inland Revenue not later than three months after the date of commencement of such employment. Where an employer ceases or is about to cease to employ in Hong Kong an individual who is or is likely to be chargeable to tax, or any married person, the employer shall give a written notice to the Commissioner of Inland Revenue not later than one month before such individual ceases to be employed in Hong Kong.

Tax on dividends

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 the Company.

Capital gains and profit tax

No tax is imposed in Hong Kong in respect of capital gains from the sale of shares. However, trading gains from the