Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 116

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 10
Chunk 116
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 to comply with the
economic substance requirements in relation to that relevant activity. A BVI company is required to report to the ITA, via its registered
agent, on an annual basis under the Beneficial Ownership Secure Search Act 2017 to enable the ITA to monitor compliance with the economic
substance requirements (as applicable).

Hong Kong Taxation

KMT is a company incorporated in Hong Kong and was subject to
8.25% Hong Kong profits tax on their assessable profits up to HK$2,000,000 (approximately US$255,630) and 16.5% on any part of assessable
profits over HK$2,000,000 (approximately US$255,630), generated from operations arising in or derived from Hong Kong for the year
of assessment of 2025/2024 and 2025/2026. Hong Kong profits tax rates for corporations are 8.25% on assessable profits
up to HK$2,000,000 (approximately US$255,630), and 16.5% on any part of assessable profits over HK$2,000,000 (approximately US$255,630).

Material U. S. Federal Income Tax Considerations

The following discussion is a summary of U. S. federal income tax
considerations generally applicable to U. S. Holders (as defined below) of the ownership and disposition of our Ordinary Share. This
summary applies only to U. S. Holders that hold our Ordinary Share as capital assets (generally, property held for investment) and
that have the U. S. dollar as their functional currency. This summary is based on U. S. federal tax laws in effect as of the date
of this Annual Report, on U. S. Treasury regulations in effect or, in some cases, proposed as of the date of this Annual Report, and
judicial and administrative interpretations thereof available on or before such date. All of the foregoing authorities are subject to
change, which could apply retroactively and could affect the tax consequences described below. No ruling has been sought from the Internal
Revenue Service (“IRS”) with respect to any U. S. federal income tax considerations described below, and there
can be no assurance that the IRS or a court will not take a contrary position. Moreover, this summary does not address the U. S. federal
estate, gift, backup withholding, and alternative minimum tax considerations, or any state, local, and non-U