Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 52

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 52
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 incurred by us if breached, regardless of whether the personnel are acting in personal capacity or in any capacity
under our client’s companies or organizations (including any client’s affiliate company/institution or representative). We
also declare in our standard term sheet that we have conducted checks on certificates and experience of registered personnel. In addition,
we emphasize that once work commences, we do not accept responsibility for the conduct, professional expertise or any liabilities of
placed personnel. In the event that we are in breach of the terms of the standard term sheet with any of our clients, we may be liable
for the losses and/or damages suffered by such clients.

Seasonality

We
have not experienced, and do not expect to experience, any seasonal fluctuations in the results of operations for our services.

Regulations

Business
registration

The
Business Registration Ordinance (Chapter 310 of the Laws of Hong Kong) requires every entity which carries on a business in Hong Kong
to apply for business registration and to display the valid business registration certificate at the place of business. Any person who
fails to apply for business registration or display a valid business registration certificate at the place of business shall be guilty
of an offence and shall be liable to a fine of HK$5,000 (US$641) and imprisonment for one year.

Taxation

The
Inland Revenue Ordinance (Chapter 112 of the Laws of Hong Kong) (the “ IRO”) regulates taxes on property, earnings and profits
in Hong Kong. The IRO provides that every person including corporations, partnerships, trustees and bodies of persons, carrying on any
trade, profession or business in Hong Kong are liable for tax on all profits (excluding profits arising from the sale of capital assets)
arising in or derived from Hong Kong from such trade, profession or business. As of the date of this Annual Report, the standard profits
tax rate for corporations is at 8.25% on assessable profits up to HK$2,000,000 (US$256,410) and 16.5% on any part of assessable profits
over HK$2,000,000 (US$256,410). The IRO also contains provisions relating to, among others, permissible deductions for outgoings and
expenses, set-offs for losses and allowances for depreciations.

Employment

Employment
Ordinance

The
Employment Ordinance (Chapter 57 of the Laws of Hong Kong) provides for, among other things, the basic employment