Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 89

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 89
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 payable (a) on or in respect of the shares, debentures or other obligations of our Company;
or (b) by way of the withholding in whole or in part of any relevant payment as defined in the Tax Concessions Act of the Cayman Islands.

Hong Kong Profits Taxation

No tax is imposed in Hong
Kong in respect of capital gains from the sale of property, such as our Ordinary Shares. Generally, gains arising from disposal of the
Ordinary Shares which are held more than two years are considered capital in nature. However, trading gains from the sale of property
by persons carrying on a trade, profession or business in Hong Kong where such gains are derived from or arise in Hong Kong from such
trade, profession or business will be chargeable to Hong Kong profit tax. Liability for Hong Kong profits tax would therefore arise in
respect of trading gains from the sale of Ordinary Shares realized by persons in the course of carrying on a business of trading or dealing
in securities in Hong Kong where the purchase or sale contracts are effected (being negotiated, concluded and/or executed) in Hong Kong.
Effective from April 1, 2018, profits tax is levied on a two-tiered profits tax rate basis, with the first HK$2 million of profits being
taxed at 8.25% for corporations and 7.5% for unincorporated businesses, and profits exceeding the first HK$2 million being taxed at 16.5%
for corporations and 15% for unincorporated businesses.

In addition, Hong Kong does
not impose withholding tax on gains derived from the sale of stock in Hong Kong companies and does not impose withholding tax on dividends
paid outside of Hong Kong by Hong Kong companies. Accordingly, investors will not be subject to Hong Kong withholding tax with respect
to a disposition of their Ordinary Shares or with respect to the receipt of dividends on their Ordinary Shares, if any. No income tax
treaty relevant to the acquiring, withholding or dealing in the Ordinary Shares exists between Hong Kong and the United States.

Material Australian Tax Considerations

The following discussions
provide a general summary of the material Australian income tax, stamp duty, and goods and services tax considerations generally applicable
to the acquisition, ownership, and disposal by the absolute beneficial owners of the Ordinary Shares issued by us.

This discussion is based upon
existing Australian tax law as of the date of this prospectus, which is subject to change, possibly retrospectively. This discussion does