Company: BGHL
Filing Date: 2025-10-28
Form Type: F-1/A
Source: 0001213900-25-102958
Chunk: 201

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-28
Form: F-1/A
Chunk 201
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 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 |   |     |    1,390,386 |   |     |      137,067 |   |
| Tax effect of preferential tax rate                  |     |      (21,154 | ) |     |     (165,000 | ) |     |            — |   |
| Tax effect of expenses that are not deductible       |     |          309 |   |     |        2,412 |   |     |        2,939 |   |
| Tax effect of utilization of tax losses              |     |      (32,522 | ) |     |     (253,673 | ) |     |     (140,006 | ) |
| Tax reduction                                        |     |         (192 | ) |     |       (1,500 | ) |     |            — |   |
| Others                                               |     |          304 |   |     |        2,375 |   |     |            — |   |
| Income tax expenses                                  |     |      125,000 |   |     |      975,000 |   |     |            — |   |

The Group had no material unutilized net operating loss under Hong Kong Tax Regime nor other unrecognized temporary differences as at December 31, 2024 and 2023. Under relevant Hong Kong tax laws, tax case is normally subject to investigation by the tax authority for up to 6 years of assessment prior to the current year of assessment, unless in case of fraud or willful