Company: JOCM
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011600
Chunk: 38

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 8
Chunk 38
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 31, 2024 (Audited) 
  
    Amount
    due to directors 
    $-  
    $6,019 
  
    Total
    amount due to directors 
    $-  
    $6,019 

As
of March 31, 2025, and December 31, 2024, the amount of $Nil and $6,019 were mainly due to expenses paid by directors. The amount is
unsecured, interest-free and repayable on demand.

9.
INCOME TAXES

For
the three months ended March 31,2025 and 2024, the local (United States) and foreign components of profit/(loss) before income taxes were comprised
of the following:

 SCHEDULE OF FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES 

    For
    the three ended  March 31, 2025  
    For
    the three months ended  March 31, 2024 
  
    Tax
    jurisdictions from: 

    Local 
    $(3,864) 
     (19,976)
  
    Foreign,
    representing 

    -
    Labuan 
    $42,166  
     15,618 
  
    -
    Malaysia (other than Labuan) 
    $(1,260) 
     - 
  
    Profit/ (loss)
    before income tax 
    $37,042  
     (4,358)

The
provision for income taxes consisted of the following:

 SCHEDULE OF PROVISION INCOME TAXES 

     For
                                            the three months ended March
                                            31, 2025  
     For
                                            the three months ended March
                                            31, 2024 

    Current: 

    -
    Local 
    $-  
    $- 
  
    -Foreign 
     -  
     - 
  
    Income
    tax expense 
    $-  
    $- 

The
effective tax rate in the years presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range
of income tax rates. The Company has subsidiaries that operate in various countries: United States and Malaysia including Labuan that
are subject to taxes in the jurisdictions in which they operate, as follows:

United
States of America

The
Company is registered in the State of Nevada and is subject to the tax