Company: YDDL
Filing Date: 2025-01-21
Form Type: F-1
Source: 0001213900-25-004967
Chunk: 125

Company: One & one Green Technologies. INC
Filing Date: 2025-01-21
Form: F-1
Chunk 125
---
 applicable, from time to time, on certain instruments. No stamp duty is payable in the Cayman Islands on transfers of shares of Cayman Islands companies save for those which hold interests in land in the Cayman Islands. There are no exchange control regulations or currency restrictions in effect in the Cayman Islands. Payments of dividends and capital in respect of the ordinary shares will not be subject to taxation in the Cayman Islands and no withholding will be required on the payment of a dividend or capital to any holder of ordinary shares, nor will gains derived from the disposal of ordinary shares be subject to Cayman Islands income or corporation tax. Philippines Tax Considerations The following is a general description of Philippine tax considerations generally applicable to investment in our Class A Shares. The statements made under this section are based on laws and regulations in force as at the date of this prospectus, and are subject to any changes occurring after such date. Subsequent legislative, judicial or administrative changes or interpretations may be retroactive and could affect the tax consequences to the prospective investor. The Philippine tax treatment of a prospective investor may vary depending on his / her particular circumstances; and certain investors may be subject to special rules not discussed below. The discussions below does not purport to address all tax aspects that may be important to a prospective investor. Prospective investors are advised to consult their own tax advisers concerning the tax consequences of their investment in our Class A Shares. As used in this section, the term “resident alien” refers to an individual whose residence is within the Philippines and who is not a citizen thereof. A “ non -resident alien” is an individual whose residence is not within the Philippines and who is not a citizen thereof. A non -resident alien who is actually within the Philippines for an aggregate period of more than 180 days during any calendar year is considered a “ non -resident alien engaged in trade or business in the Philippines;” otherwise, such non -resident alien who is actually within the Philippines for an aggregate period of 180 days or less during any calendar year is considered a “ non -resident alien not engaged in trade or business in the Philippines.” A “domestic corporation” is created or organized under the laws of the Philippines; a “resident foreign corporation” is a non -Philippine corporation engaged in trade or business in the Philippines; and a “ non -resident foreign corporation” is a non -Philippine corporation not engaged in trade or business in the Philippines. Overview of Philippine Taxation On January 1, 2018, Republic Act No.