Company: MKDWW
Filing Date: 2025-04-15
Form Type: 424B3
Source: 0001641172-25-004780
Chunk: 200

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-15
Form: 424B3
Chunk 200
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 rates, tax holidays and even tax exemption may be granted on case-by-case basis.

EIT grants preferential tax treatment to High and New Technology Enterprises (“HNTEs”) at a rate of 15%, subject to a requirement that they re-apply for HNTE status every three years. The Company’s subsidiary, MKD Jiaxing, was approved as HNTE and is entitled to a reduced income tax rate of 15% from 2021 to 2023. In December 2024, the HNTE certification was renewed, extending the reduced tax rate of 15% from 2024 to 2026. The Company’s subsidiary, MKD Shanghai have applicable EIT rate of 25%.

The income tax expense consisted of the following components:

SCHEDULE OF INCOME TAX EXPENSE

|                             |     | For the years ended December 31, 
 2022                             |   |     | 2023 |   |     | 2024 |   |
|:----------------------------|:----|:---------------------------------|:--|:----|:-----|:--|:----|:-----|:--|
| Current income tax expense  |     | $                                | - |     | $    | - |     | $    | - |
| Deferred income tax benefit |     |                                  | - |     |      | - |     |      | - |
| Total income tax expense    |     | $                                | - |     | $    | - |     | $    | - |

Loss before provision for income taxes is attributable to the following geographic locations for the years ended December 31, 2022, 2023 and 2024:

SCHEDULE OF LOSS BEFORE INCOME TAX

|                                |     | For the years ended December 31, 
 2022                             |            |   |     | 2023 |            |   |     | 2024 |            |   |
|:-------------------------------|:----|:---------------------------------|:-----------|:--|:----|:-----|:-----------|:--|:----|:-----|:-----------|:--|
| Taiwan                         |     | $                                | (859,741   | ) |     | $    | (1,080,901 | ) |     | $    | (524,817   | ) |
| PRC                            |     |                                  | (357,345   | ) |     |      | (915,690