Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 176

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 176
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3 and June 30, 2024, The Company have recorded a valuation allowance totaling US$ 3.14million and US$ 3.35million, respectively.

The effective tax rate is based on expected income and statutory tax rates. For interim financial reporting, the Company estimates the annual tax rate based on projected taxable income for the full year and records an interim income tax provision in accordance with guidance on accounting for income taxes in an interim period. As the year progresses, the Company refines the estimates of the year’s taxable income as new information becomes available. The Company’s effective tax rates for the six months ended June 30, 2024 and 2023 were 0%.

15. RELATED PARTY TRANSACTIONS

| (a) | Related 
 parties |

The following is a list of related parties which the Company has transactions with:

SCHEDULE OF RELATED PARTIES

| No. |     | Name               
 of Related Parties |     | Relationship                                                                         |
| 1   |     | Ming-Chia          
 Huang              |     | Chief                                                                                
 Executive Officer, Chairman of the Board of Directors and shareholder of the Company |
| 2   |     | Ming-Chao          
 Huang              |     | Director                                                                             
 and shareholder of the Company                                                       |
| 3   |     | Chih-Hsiang        
 Tang               |     | Independent                                                                          
 Director and shareholder of the Company                                              |
| 4   |     | MKDWELL            
 Tech Inc.          |     | Shareholder                                                                          
 of MKD BVI                                                                           |

| F-14 |

MKDWELL TECH INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)

| 15. | RELATED                        
 PARTY TRANSACTIONS – Continued |

| (b) | Amounts              
 from related parties |

Amount due from related parties consisted of the following for the periods indicated:

| Related parties   |     | Nature                         |     | As              
 of December 31, 
 2023            |        |     | As          
 of June 30, 
 2024        
 (Unaudited) |        |
|:------------------|:----|:-------------------------------|:----|:----------------|-------:|:----|:------------|-------:|
| MKDWELL Tech Inc. |     | Expenses                       
 paid on behalf a related party |     | $               | 14,674 |     | $           |