Company: LHI
Filing Date: 2025-08-08
Form Type: F-1/A
Source: 0001213900-25-073646
Chunk: 115

Company: Living Homeopathy International Ltd.
Filing Date: 2025-08-08
Form: F-1/A
Chunk 115
---
 administrative expenses was primarily contributed by increase of $338,251 in event fees for the exhibition held
in Hong Kong.

Other income (expenses), net

Our other income (expenses) mainly includes interest income, interest
expense, government subsidies and other non-recurring and non-operating income or losses.

Other income, net was $468,032 and other expenses, net was $31,670
for the year ended March 31, 2025 and 2024, respectively. The change was mainly contributed by (i) $44,725 decrease of interest expense
due to the disposal of property; and (ii) the other income for the year ended March 31, 2025 consisted of anniversary ticket sales amounting
to $414,935 while none for the year ended March 31, 2024.

Provision for income taxes

Our provision for income taxes was $246,152
for the year ended March 31, 2025, which increased by $104,535 or 73.8% from $141,617 for the year ended March 31, 2024. The increase
in provision was mainly attributable to increase in non-deductible expenses for the year ended March 31, 2025. We were subject to income
taxes on entity basis on income derived from the location in which each entity is domiciled.

The Company was incorporated in the Cayman Islands as an offshore holding
company and is not subject to tax on income or capital gain under the laws of the Cayman Islands.

<div align='center'>62</div>

Living Global was incorporated in the British
Virgin Islands as an offshore holding company and is currently exempted from income and corporate tax under the current laws of the British
Virgin Islands. In addition, the British Virgin Islands does not levy capital gains tax on it.

Under the two-tiered profits tax rates regime
in Hong Kong, from year of assessment of 2018/2019 onwards, Hong Kong profits tax rates are 8.25% on assessable profits up
to HKD2,000,000, and 16.5% on any part of assessable profits over HKD2,000,000. Under Hong Kong tax laws, Living Homeopathy Hong
Kong is exempted from income tax on its foreign-derived income, and there are no withholding taxes in Hong Kong on remittance of
dividends.

The table below sets forth the breakdown of
provision for income taxes for the years