# EDGAR Filing Document

**Accession Number:** 0001905920
**File Stem:** 0000000000-23-002801
**Filing Date:** 2023-3
**Character Count:** 9155
**Document Hash:** 43b54a72267cbb4f38962950e82b1a7e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002801.hdr.sgml**: 20241008

**ACCESSION NUMBER**: 0000000000-23-002801

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230321

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Galaxy Payroll Group Ltd
- **CENTRAL INDEX KEY:** 0001905920
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT [8700]
- **ORGANIZATION NAME:** 07 Trade & Services
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-06131

**BUSINESS ADDRESS:**
- **STREET 1:** 25/F, OVEST, 77 WING LOK STREET
- **STREET 2:** SHEUNG WAN
- **CITY:** HONG KONG
- **STATE:** F4
- **ZIP:** 00000
- **BUSINESS PHONE:** 85231052622

**MAIL ADDRESS:**
- **STREET 1:** 25/F, OVEST, 77 WING LOK STREET
- **STREET 2:** SHEUNG WAN
- **CITY:** HONG KONG
- **STATE:** F4
- **ZIP:** 00000
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-22-019556

## Text-Extract

```

United States securities and exchange commission logo

                             March 21, 2023

       Wai Hong Lao
       Chief Executive Officer and Director
       Galaxy Payroll Group Ltd
       25th Floor, Ovest
       77 Wing Lok Street
       Sheung Wan, Hong Kong

                                                        Re: Galaxy Payroll
Group Ltd
                                                            Amendment No. 2 to
Registration Statement on Form F-1
                                                            Filed February 22,
2023
                                                            File No. 333-269043

       Dear Wai Hong Lao:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
February 13, 2023 letter.

       Amendment No. 2 to Registration Statement on Form F-1 filed February 22,
2023

       Prospectus Summary
       Risk Factor Summary, page 6

   1.                                                   We note your revisions
to include a bullet point addressing the effectiveness of the Trial
                                                        Administrative
Measures, including the statement that "we cannot assure you that we will
                                                        be able to complete
such process on time." Please revise this bullet to expand your
                                                        disclosure to state
what you mean by "on time," for example, by briefly outlining the
                                                        deadlines related to
the Measures and/or this offering.
 Wai Hong Lao
FirstName  LastNameWai
Galaxy Payroll Group LtdHong Lao
Comapany
March      NameGalaxy Payroll Group Ltd
       21, 2023
March2 21, 2023 Page 2
Page
FirstName LastName
Risk Factors
Risks Relating to the PRC, Hong Kong, Taiwan and Macau
Upon the effectiveness of the Trial Administrative measures, we may be..., page
29

2.       We note the revisions to the cover page regarding the effectiveness of
the Trial
         Administrative Measures going into effect March 31, 2023 and related
filing procedures
         with the CSRC, as well as the inclusion of risk factor disclosure on
the same topic. Please
         further revise this risk factor to address the risks to your entities,
individuals who work
         with or control your entities and your investors, as well as any
impact on this offering,
         should the company be required to complete filing procedures in
connection with the Trial
         Administrative Measures and it is unable to do so or is unable to do
so within the
         prescribed periods. In this regard, we note that such risks may
include financial penalties,
         failure to list/remain listed, and risks to investors if you list
prior to receiving CSRC
         approval. Disclose whether the offering is contingent on receipt of
approval from the
         CSRC. You state that you "may" be subject to the Trial Administrative
Measures; please
         disclose whether or not you are or are likely to be subject to the
Trial Administrative
         Measures, the basis for this determination, and whether you consulted
with counsel in
         making this determination.

       You may contact Stephen Kim at 202-551-3291 or Adam Phippen at
202-551-3336 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Kate Beukenkamp at 202-551-3861 or Lilyanna Peyser at 202-551-3222 with
any other
questions.

                                                               Sincerely,

                                                               Division of
Corporation Finance
                                                               Office of Trade
& Services
cc:      Elizabeth Fei Chen, Esq.

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 21, 2023

Wai Hong Lao  
Chief Executive Officer and Director  
Galaxy Payroll Group Ltd  
25th Floor, Ovest  
77 Wing Lok Street  
Sheung Wan, Hong Kong

# **Re: Galaxy Payroll Group Ltd  
Amendment No. 2 to Registration Statement on Form F-1  
Filed February 22, 2023  
File No. 333-269043**

Dear Wai Hong Lao:

We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our February 13, 2023 letter.

Amendment No. 2 to Registration Statement on Form F-1 filed February 22, 2023

Prospectus Summary

Risk Factor Summary, page 6

1. We note your revisions to include a bullet point addressing the effectiveness of the Trial Administrative Measures, including the statement that 'we cannot assure you that we will be able to complete such process on time.' Please revise this bullet to expand your disclosure to state what you mean by 'on time,' for example, by briefly outlining the deadlines related to the Measures and/or this offering.

Wai Hong Lao  
Galaxy Payroll Group Ltd  
March 21, 2023  
Page 2

# Risk Factors

# Risks Relating to the PRC, Hong Kong, Taiwan and Macau

# Upon the effectiveness of the Trial Administrative measures, we may be..., page 29

2. We note the revisions to the cover page regarding the effectiveness of the Trial Administrative Measures going into effect March 31, 2023 and related filing procedures with the CSRC, as well as the inclusion of risk factor disclosure on the same topic. Please further revise this risk factor to address the risks to your entities, individuals who work with or control your entities and your investors, as well as any impact on this offering, should the company be required to complete filing procedures in connection with the Trial Administrative Measures and it is unable to do so or is unable to do so within the prescribed periods. In this regard, we note that such risks may include financial penalties, failure to list/remain listed, and risks to investors if you list prior to receiving CSRC approval. Disclose whether the offering is contingent on receipt of approval from the CSRC. You state that you 'may' be subject to the Trial Administrative Measures; please disclose whether or not you are or are likely to be subject to the Trial Administrative Measures, the basis for this determination, and whether you consulted with counsel in making this determination.

You may contact Stephen Kim at 202-551-3291 or Adam Phippen at 202-551-3336 if you have questions regarding comments on the financial statements and related matters. Please contact Kate Beukenkamp at 202-551-3861 or Lilyanna Peyser at 202-551-3222 with any other questions.

Sincerely,

Division of Corporation Finance

cc: Elizabeth Fei Chen, Esq.