Company: BGHL
Filing Date: 2025-08-29
Form Type: F-1
Source: 0001213900-25-082403
Chunk: 185

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-08-29
Form: F-1
Chunk 185
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2024 |     |   Year Ended 
 December 31, 
         2024 |     | Year Ended   
 December 31, 
 2023         |
|:--------------------|:----|-------------:|:----|-------------:|:----|:-------------|
|                     |     |          US$ |     |          HK$ |     | HK$          |
| Current taxes       |     |      125,000 |     |      975,000 |     | —            |
| Deferred taxes      |     |            — |     |            — |     | —            |
| Income tax expenses |     |      125,000 |     |      975,000 |     | —            |

Cayman Islands Under the current and applicable laws of Cayman Islands, the Company is not subject to tax on income or capital gains under this jurisdiction. British Virgin Islands Harmony Alliance was incorporated in the British Virgin Islands. Under the current and applicable laws of British Virgin Islands, Harmony Alliance is not subject to tax on income or capital gains under this jurisdiction. Hong Kong Billion Enterprise International Limited was incorporated in Hong Kong and is subject to taxes in Hong Kong under the two -tieredprofits tax rates at 8.25% of the first HK$2,000,000 (equivalent to US$256,410) estimated assessable profits and 16.5% of the remaining estimated assessable profits. A reconciliation of the difference between the expected income tax expenses computed at Hong Kong Profits Tax rate of 16.5% and the Group’s reported income tax expenses is set out below:

|                                                      |     |   Year Ended 
 December 31, 
         2024 |   |     |   Year Ended 
 December 31, 
         2024 |   |     |   Year Ended 
 December 31, 
         2023 |   |
|:-----------------------------------------------------|:----|-------------:|:--|:----|-------------:|:--|:----|-------------:|:--|
|                                                      |     |          US$ |   |     |          HK$ |   |     |          HK$ |   |
| Income before income tax                             |     |    1,080,331 |   |     |    8,426,582 |   |     |      830,707 |   |
| Computed taxation at the effective tax rate of 16.5% |     |      178,255 |