Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 160

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 160
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 |   122,853 |     |   |         – |
| Smart Metaverse Box                                     |                                             |                                  |    37,024 |     |   |   143,118 |
| Decentralization Application Software                   |                                             |                                  |   434,369 |     |   |   635,046 |
| Total                                                   |                                             | $                                | 5,906,162 |     | $ | 5,680,667 |

Taxation

Cayman Islands

The Cayman Islands currently
levies no taxes on individuals or corporations based upon profits, income, gains or appreciation and there is no taxation in the nature
of inheritance tax or estate duty. There are no other taxes likely to be material to the Company levied by the government of the Cayman
Islands except for stamp duties which may be applicable to instruments executed in, or after execution, brought within the jurisdiction
of the Cayman Islands.

| 93 |

The Cayman Islands is a
party to a double tax treaty entered with the United Kingdom in 2010 but is otherwise not party to any double tax treaties that are applicable
to any payments made to or by our company. There are no exchange control regulations or currency restrictions in the Cayman Islands.

Payments of dividends and
capital in respect of our Ordinary Shares will not be subject to taxation in the Cayman Islands and no withholding will be required on
the payment of a dividend or capital to any holder of our Ordinary Shares, as the case may be, nor will gains derived from the disposal
of our Ordinary Shares be subject to Cayman Islands income or corporation tax.

The Cayman Islands enacted
the International Tax Co-operation (Economic Substance) Act (2021 Revision) together with the Guidance Notes published by the Cayman
Islands Tax Information Authority from time to time. The Company is required to comply with the economic substance requirements from
July 1, 2019, and make an annual report in the Cayman Islands as to whether or not it is carrying on any relevant activities and if it
is, it must satisfy an economic substance test.

Hong Kong

Our subsidiary incorporated
in Hong Kong is subject to Hong Kong profit tax at a rate of 16.5%. No Hong Kong profit tax has been levied as we did not have an assessable
profit that was earned in or derived from the Hong Kong subsidiary during the periods presented. Hong Kong does not impose a withholding
tax on dividends.

PRC

In