Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 108

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 10
Chunk 108
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ITEM
10. ADDITIONAL INFORMATION

A.
Share Capital

Not
applicable.

B.
Memorandum and Articles of Association

Information
regarding certain material provisions of the Company’s amended and restated memorandum and articles of association in effect is
included in the Company’s registration statement on Form F-1 (File No. 333-284420) initially filed with the SEC on January 23,
2025 under the section titled “ Description of Securities

C.
Material Contracts

Information
regarding certain material contracts we entered into, other than contracts entered into in the ordinary course of business, to which
the Company or any member of the group is a party, for the two years immediately preceding publication of this annual report, is set
forth in “ Item 4. A History and Development of the Company”.

D.
Exchange Controls and Other Limitations Affecting Security Holders

There
are no material exchange controls in the BVI which may affect the import or export of capital, including the availability of cash and
cash equivalents for use by the Company’s group or the remittance of dividends, interest or other payments to nonresident holders
of the Company’s securities.

  64  

E.
Taxation

British Virgin Islands Taxation

Under
the current laws of the BVI, the Company is not subject to income, corporation or capital gains tax in the BVI. In addition, the Company’s
payment of dividends, if any, is not subject to withholding tax in the BVI.

Certain
Material U. S. Federal Income Tax Consequences

The
following discussion summarizes certain material U. S. federal income tax considerations generally applicable to the ownership and disposition
of Ordinary Shares. The discussion does not address the tax consequences under U. S. state, local, or non-U. S. tax laws. This discussion
addresses only those holders of Ordinary Shares that are U. S. Holders (as defined below) and that hold their Ordinary Shares as capital
assets (generally, property held for investment), and does not consider all aspects of U. S. federal income taxation that may be relevant
to a holder of Ordinary Shares subject to special rules, including:

  banks,                                                                                                                               
  brokers;                                                                                                                             
  dealers                                                                                                                              
  S                                                                                                                                    
  tax-exempt                                                                                                                           
  governments                                                                                                                          
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  insurance                                                                                                                            
  regulated                                                                                                                            
  real                                                                                                                                 
  U. S.                                                                                                                                
  persons