Company: BGHL
Filing Date: 2025-10-01
Form Type: F-1/A
Source: 0001213900-25-094318
Chunk: 206

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-10-01
Form: F-1/A
Chunk 206
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 under the two -tieredprofits tax rates at 8.25% of the first HK$2,000,000 (equivalent to US$256,410) estimated assessable profits and 16.5% of the remaining estimated assessable profits. A reconciliation of the difference between the expected income tax expenses computed at Hong Kong Profits Tax rate of 16.5% and the Group’s reported income tax expenses is set out below:

|                                                      |     |   Year Ended 
 December 31, 
         2024 |   |     |   Year Ended 
 December 31, 
         2024 |   |     |   Year Ended 
 December 31, 
         2023 |   |
|:-----------------------------------------------------|:----|-------------:|:--|:----|-------------:|:--|:----|-------------:|:--|
|                                                      |     |          US$ |   |     |          HK$ |   |     |          HK$ |   |
| Income before income tax                             |     |    1,080,331 |   |     |    8,426,582 |   |     |      830,707 |   |
| Computed taxation at the effective tax rate of 16.5% |     |      178,255 |   |     |    1,390,386 |   |     |      137,067 |   |
| Tax effect of preferential tax rate                  |     |      (21,154 | ) |     |     (165,000 | ) |     |            — |   |
| Tax effect of expenses that are not deductible       |     |          309 |   |     |        2,412 |   |     |        2,939 |   |
| Tax effect of utilization of tax losses              |     |      (32,522 | ) |     |     (253,673 | ) |     |     (140,006 | ) |
| Tax reduction                                        |     |         (192 | ) |     |       (1,500 | ) |     |            — |   |
| Others                                               |     |          304 |   |     |        2,375 |   |     |            — |   |
| Income tax expenses                                  |     |      125,000 |   |     |      975,000 |   |     |            — |   |

The Group had no material unutilized