Company: MEGL
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001641172-25-016831
Chunk: 81

Company: Magic Empire Global Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 81
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 of the Inland Revenue Department of Hong Kong, no tax is payable in Hong Kong in respect of dividends paid by us.

| 44 |

<div align='center'>CAPITALIZATION</div>

The following table sets forth our capitalization as of December 31, 2024 on:

| ● | an actual basis, giving effect                                                                                                    
 to the (i) re-designation of Class A ordinary shares and Class B ordinary shares effectuated on December 5, 2024; and (ii) share  
 combination at a ratio of 4-to-1 effectuated on February 6, 2025; and                                                             |
|:--|:----------------------------------------------------------------------------------------------------------------------------------|
| ● | on an as adjusted basis to                                                                                                        
 give effect to the issuance and sale of up to 15,000,000 Class A ordinary shares offered hereby, based on a fixed public offering 
 price of $[0.54] per Class A ordinary share after deducting the Placement Agent’s commissions, non-accountable expense allowance  
 and estimated offering expenses payable by us.                                                                                    |

You should read this information together with our audited consolidated financial statements appearing elsewhere in this prospectus and the information set forth under the sections titled “Exchange Rate Information,” “Use of Proceeds” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

|                                                                                                                                       |     | As                   
 of December 31, 2024 |             |   |     |        |            |   |     |             |              |   |
|:--------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------|------------:|:--|:----|:-------|-----------:|:--|:----|:------------|-------------:|:--|
|                                                                                                                                       |     | Actual               |             |   |     | Actual |            |   |     | Adjusted(1) |              |   |
|                                                                                                                                       |     | HK$                  |             |   |     | US$    |            |   |     | US$         |              |   |
| Ordinary shares, authorised: (i) 280,000,000                                                                                          
 Class A ordinary shares with no par value each; (ii) 20,000,000 Class B ordinary shares with no par value each; and (iii) 300,000,000 
 non-voting ordinary shares with no par value each; 5,064,050 shares issued and outstanding comprising:                                |     |                      |             |   |     |        |