Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 245

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 19
Chunk 245
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       1,887,272       11.2       1,965,424      13.0  
  Total integrated cross-border logistics revenue      $                       19,444,182      100.0      16,872,539      100.0      15,116,783       100  

NOTE
10 - OTHER INCOME

SCHEDULE
OF OTHER INCOME

                              For                                                                        
                              the year ended                                                             
                                                                                                         
                              September                                                                  
                              30,                                                                        
                              2022                             2023                   2024               
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────
  Foreign exchange gains                           72,974                118,508                156,937  
  Miscellaneous income                             49,315                  1,859                     16  
  Total                       $                   122,289      $         120,367      $         156,953  

NOTE
11 - GENERAL AND ADMINISTRATIVE EXPENSES

SCHEDULE
OF GENERAL ADMINISTRATIVE EXPENSE

                                                                   Years ended September 30                                                               
                                                                   2022                                       2023                   2024                 
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Staff costs                                                      $                             383,959      $         370,826      $           351,155  
  Audit fees                                                                                       1,667                171,667                  190,256  
  Travel expenses                                                                                 69,383                 45,056                  192,020  
  Legal and professional fees                                                                      2,517                 32,491                  191,428  
  Depreciation charge and amortization of right-of-use assets                                     61,484                 50,834                   64,688  
  Allowance for expected credit loss                                                                 335                 44,765                    6,936  
  Others                                                                                          69,387                 43,087                   82,866  
  Total                                                            $                             588,732      $         758,726      $         1,079,349  

NOTE
12 - INCOME TAXES

Cayman Islands and British Virgin
Islands (“ BVI”)

The Company is incorporated in the Cayman
Islands and several of its wholly-own subsidiaries are incorporated in BVI. Under the current laws of the Cayman Islands and the BVI,
these entities are