Company: WCT
Filing Date: 2025-12-02
Form Type: F-1
Source: 0001213900-25-116978
Chunk: 120

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-02
Form: F-1
Chunk 120
---
 other securities of the company by persons who are not resident in the BVI are also exempt from all provisions of the Income Tax Ordinance
of the BVI.

No estate, inheritance, succession or gift tax
is payable with respect to any shares, debt obligations or other securities of a BVI company. There are currently no withholding taxes
or exchange control regulations in the BVI applicable to us.

Hong Kong Taxation

The following summary of certain relevant taxation
provisions under the laws of Hong Kong is based on current law and practice and is subject to changes therein. This summary does
not purport to address all possible tax consequences relating to purchasing, holding or selling our Class A Ordinary Shares, and does
not take into account the specific circumstances of any particular investors, some of whom may be subject to special rules. Accordingly,
holders or prospective purchasers (particularly those subject to special tax rules, such as banks, dealers, insurance companies and tax-exempt entities)
should consult their own tax advisers regarding the tax consequences of purchasing, holding or selling our Class A Ordinary Shares. Under
the current laws of Hong Kong:

| ● | No profit tax is imposed in Hong Kong in respect of capital 
 gains from the sale of the Class A Ordinary Shares.         |

| ● | Revenues gains from the sale of our Class A Ordinary Shares                                                                         
 by persons carrying on a trade, profession or business in Hong Kong where the gains are derived from or arise in Hong Kong          
 from the trade, profession or business will be chargeable to Hong Kong profits tax, which is currently imposed at the rate of 16.5% 
 on corporations and at a maximum rate of 15% on individuals and unincorporated businesses.                                          |

| ● | Gains arising from the sale of the Class A Ordinary Shares,                                                                             
 where the purchases and sales of the Class A Ordinary Shares are effected outside of Hong Kong such as, for example, on Cayman Islands, 
 should not be subject to Hong Kong profits tax.                                                                                         |

According to the current tax practice of the Hong Kong
Inland Revenue Department, dividends paid on the Class A Ordinary Shares would not be subject to any Hong Kong tax.

No Hong Kong stamp duty is payable on the
purchase and sale of the Class A Ordinary Shares.

<div align='center'>58

ENFORCEABILITY OF CIVIL LIABILITIES</div>

We are an exempted company with limited liability
incorporated under the laws of the Cayman Islands. We are incorporated in the