Company: SOS
Filing Date: 2025-03-14
Form Type: F-3
Source: 0001213900-25-024134
Chunk: 8

Company: SOS Ltd
Filing Date: 2025-03-14
Form: F-3
Chunk 8
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 company, and we may rely principally on dividends
and other distributions on equity paid by our PRC subsidiaries for our cash and financing requirements, including the funds necessary
to pay dividends and other cash distributions to our shareholders and service any debt we may incur. If our PRC subsidiaries incur debt
on their own behalf in the future, the instruments governing the debt may restrict their ability to pay dividends or make other distributions
to us. Any limitation on the ability of our PRC subsidiaries to pay dividends or make other distributions to us could materially and adversely
limit our ability to grow, make investments or acquisitions that could be beneficial to our business, pay dividends, or otherwise fund
and conduct our business. For more details, see “Risk Factors—Risks Related to Doing Business in China—We may rely principally
on dividends and other distributions on equity paid by our PRC subsidiaries to fund any cash and financing requirements we may have, and
any limitation on the ability of our PRC subsidiaries to pay dividends to us could have a material adverse effect on our ability to conduct
our business.” In addition, the PRC Enterprise Income Tax Law and its implementation rules provide that withholding tax rate of
10% will be applicable to dividends payable by PRC companies to non-PRC-resident enterprises unless otherwise exempted or reduced according
to treaties or arrangements between the PRC central government and governments of other countries or regions where the non-PRC-resident
enterprises are incorporated. For more details, see “Risk Factors—Risks Related to Doing Business in China—It is unclear
whether we will be considered a PRC “resident enterprise” under the PRC Enterprise Income Tax Law and, depending on the determination
of our PRC “resident enterprise” status, our global income may be subject to the 25% PRC enterprise income tax, which could
materially and adversely affect our results of operations.”

SOS Limited is a holding company with no operations
of its own. We conduct our operations in China primarily through our PRC subsidiaries. As a result, although other means are available
for us to obtain financing at the holding company level, SOS Limited’s ability to pay dividends to the shareholders and to service
any debt it may incur may depend upon dividends paid by our PRC subsidiaries.

As a holding company registered in the Cayman
Islands, we may rely on dividends from our subsidiaries in China for our cash requirements, including any payment of dividends to our
shareholders. PRC regulations may restrict