Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 148

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 10
Chunk 148
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 Ordinary Shares
exists between Hong Kong and the United States.

Stamp
duty

Hong Kong
stamp duty is generally payable on the transfer of “ Hong Kong stocks”. The term “stocks” refers to shares
in companies incorporated in Hong Kong, as widely defined under the Stamp Duty Ordinance (Cap. 117 of the laws of Hong Kong),
or SDO, and includes shares. However, our Ordinary Shares are not considered “ Hong Kong stocks” under the SDO since
the transfer of the Ordinary Shares are not required to be registered in Hong Kong given that the books for the transfer of Ordinary
Shares are located in the United States. The transfer of Ordinary Shares is therefore not subject to stamp duty in Hong Kong.
If Hong Kong stamp duty applies, both the purchaser and the seller are liable for the stamp duty charged on each of the sold note
and bought note at the ad valorem rate of 0.1% on the higher of the consideration stated on the contract notes or the fair market value
of the shares transferred. In addition, a fixed duty, currently of HK$5.00, is payable on an instrument of transfer.

Estate
Duty

The
Revenue (Abolition of Estate Duty) Ordinance 2005 came into effect on February 11, 2006 in Hong Kong. No Hong Kong estate
duty is payable and no estate duty clearance papers are needed for an application for a grant of representation in respect of holders
of Class A Ordinary Shares whose death occurs on or after February 11, 2006.

BVI
Taxation

The
following is a discussion on certain British Virgin Islands income tax consequences of an investment in our securities. The discussion
is a general summary of present law, which is subject to prospective and retroactive change. It is not intended as tax advice, does not
consider any investor’s particular circumstances, and does not consider tax consequences other than those arising under British
Virgin Islands law.

Payments
of dividends and capital in respect of our securities will not be subject to taxation in the British Virgin Islands and no withholding
will be required on the payment of a dividend or capital to any holder of the securities nor will gains derived from the disposal of
the securities be subject to British Virgin Islands income or corporation tax.

The
British Virgin Islands currently levies no taxes on individuals or corporations based upon profits, income, gains or appreciation and
there is no taxation in the nature of inheritance tax or estate duty. There are no other taxes