Company: FVN
Filing Date: 2025-05-30
Form Type: S-4/A
Source: 0001829126-25-004067
Chunk: 117

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-30
Form: S-4/A
Chunk 117
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 be imposed at the rate of 10% in the case of non-PRC resident enterprise holders and 20% in the case of non-PRC resident individual holders. In the case of dividends, VIWO would be required to withhold the tax at source. Any PRC tax liability may be reduced under applicable tax treaties or similar arrangements. Although VIWO’s holding company is incorporated in the Cayman Islands, it remains unclear whether dividends received and gains realized by VIWO’s non-PRC resident holders of VIWO’s ordinary shares will be regarded as income from sources within the PRC if VIWO is classified as a PRC resident enterprise. Any such tax will reduce the returns on your investment in VIWO’s ordinary shares.

VIWO cannot assure you that the PRC tax authorities will not, at their discretion, adjust any capital gains and impose tax return filing and withholding or tax payment obligations with respect to any internal restructuring, and VIWO’s PRC subsidiaries may be requested to assist in the filing. Any PRC tax imposed on a transfer of VIWO’s shares not through a public stock exchange, or any adjustment of such gains would cause VIWO to incur additional costs and may have a negative impact on the value of your investment in the company.

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VIWO may not be able to obtain certain benefits under relevant tax treaties on dividends paid by its PRC subsidiaries to VIWO through its Hong Kong subsidiaries.

VIWO is an exempted company with limited liability, used as holding company, incorporated under the laws of the Cayman Islands and as such rely on dividends and other distributions on equity from VIWO’s PRC subsidiaries, as paid to VIWO through VIWO’s Hong Kong subsidiaries, to satisfy part of VIWO’s liquidity requirements. Pursuant to the PRC Enterprise Income Tax Law, a withholding tax rate of 10% currently applies to dividends paid by a PRC “resident enterprise” to a foreign enterprise investor, unless any such foreign investor’s jurisdiction of incorporation has a tax treaty with China that provides for preferential tax treatment. Pursuant to the Arrangement between the Mainland China and the Hong Kong Special Administrative Region for the Avoidance of Double Taxation and Tax Evasion on Income, or the Double Tax Avoidance Arrangement, and Circular 81 issued by the State Administration of Taxation, such withholding tax rate may be lowered to 5% if the PRC enterprise is at least 25% held by a Hong Kong enterprise throughout the 12 months prior