Company: KMRK
Filing Date: 2025-05-19
Form Type: F-1
Source: 0001213900-25-045262
Chunk: 189

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-05-19
Form: F-1
Chunk 189
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347 |
| Staff costs (excluding directors’ remuneration):   |     |                      |     |         |
| Salaries and other benefits                        |     |              468,347 |     | 418,370 |
| Staff welfare                                      |     |                7,701 |     |   5,830 |
| Defined contribution retirement plan contributions |     |               21,960 |     |  20,216 |
|                                                    |     |              498,008 |     | 444,416 |

NOTE 13 — INCOME TAXES The provision for income taxes consisted of the following:

| 2023                         |     | Year ended March 31, | 2024 |     |         |   |
|:-----------------------------|:----|---------------------:|:-----|:----|--------:|:--|
| US$                          |     |                      | US$  |     |         |   |
| Current tax                  |     |               19,508 |      |     | 159,310 |   |
| Deferred income tax expenses |     |               (4,181 | )    |     | (14,663 | ) |
| Income tax expenses          |     |               15,327 |      |     | 144,647 |   |

F-18

K-TECH SOLUTIONS COMPANY LIMITED AND SUBSIDIARYNOTES TO COMBINED FINANCIAL STATEMENTS
(Currency expressed in United States Dollars (“US$”) NOTE 13 — INCOME TAXES (cont.) Pursuant to the current rules and regulations, the BVI currently levy no taxes on individuals or corporations based upon profits, income, gains or appreciations and there is no taxation in the nature of inheritance tax or estate duty. Therefore, the Company is not subject to any income tax in the BVI. K -MarkTechnology is subject to Hong Kong profits tax at a rate of 16.5% on their taxable income generated from operations in Hong Kong before April 1, 2018. Starting from the financial year commencing on April 1, 2018, the two -tieredprofits tax regime took effect, under which the tax rate is 8.25% for assessable profits on the first HKD 2 million and 16.5% for any assessable profits in excess of HKD 2 million (equivalent to US$255,630).

| 2023                                                                       |     | Year ended March 31