# EDGAR Filing Document

**Accession Number:** 0001876766
**File Stem:** 0001185185-25-001648
**Filing Date:** 2025-11
**Character Count:** 37108
**Document Hash:** 2739470683d5b5682a12f173a9ea68e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001185185-25-001648.hdr.sgml**: 20251107

**ACCESSION NUMBER**: 0001185185-25-001648

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 18

**FILED AS OF DATE**: 20251107

**DATE AS OF CHANGE**: 20251107

**EFFECTIVENESS DATE**: 20251107

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lichen International Ltd
- **CENTRAL INDEX KEY:** 0001876766
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-291376
- **FILM NUMBER:** 251463116

**BUSINESS ADDRESS:**
- **STREET 1:** B2306, BLOCK B TOWER 3,
- **STREET 2:** JINJIANG WANDA PLAZA COMMERCIAL COMPLEX
- **CITY:** JINJIANG CITY, FUJIAN PROVINCE
- **STATE:** F4
- **ZIP:** 00000
- **BUSINESS PHONE:** (86) 4008350088

**MAIL ADDRESS:**
- **STREET 1:** B2306, BLOCK B TOWER 3,
- **STREET 2:** JINJIANG WANDA PLAZA COMMERCIAL COMPLEX
- **CITY:** JINJIANG CITY, FUJIAN PROVINCE
- **STATE:** F4
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lichen China Ltd
- **DATE OF NAME CHANGE:** 20210803

As filed with the Securities and Exchange Commission on November 7, 2025

Registration No. 333-

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER<br> THE SECURITIES ACT OF 1933**

**Lichen International Limited**

(Exact Name of Registrant as Specified in its Memorandum and Articles of Association)

---

| | |
|:---|:---|
| **Cayman Islands** | **N/A** |
| (State or Other Jurisdiction of<br> Incorporation or Organization) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **15th Floor, Xingang Square, Hubin North Road,<br> Siming District, Xiamen City,<br> Fujian Province, China,<br> +86-592-5586999** | **361013** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**2025 Equity Incentive Plan**

(Full Title of the Plan)

**Cogency Global Inc.**

**122 East 42<sup>nd</sup> Street, 18<sup>th</sup> Floor**

**New York, New York 10168**

(Name and Address of Agent for Service**)**

**800-221-0102**

(Telephone Number, Including Area Code, of Agent for Service)

**Copy To:**

**William S. Rosenstadt, Esq.**

**Mengyi "Jason" Ye, Esq.<br> Yarona L. Yieh, Esq.<br> Ortoli Rosenstadt LLP<br> 366 Madison Avenue, 3rd Floor<br> New York, NY 10017<br> Tel: +1-212-588-0022**

**Fax: +1-212-826-9307**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☐ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

This registration statement (this "Registration Statement") is filed by Lichen International Limited, an exempted company incorporated under the laws of the Cayman Islands (the "Registrant") to register securities issuable pursuant to the Lichen International Limited 2025 Equity Incentive Plan (as amended and restated, the "2025 Equity Incentive Plan"). The securities registered hereby consist of 2,500,000 series A ordinary shares, US$0.008 par value per share of the Registrant ("Class A Ordinary Shares"), which represent the number of Class A Ordinary Shares that were authorized under the 2025 Equity Incentive Plan. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement also covers an indeterminate number of additional shares which may be offered and issued to prevent dilution from share splits, share dividends or similar transactions as provided in the 2025 Equity Incentive Plan. Any Class A Ordinary Shares covered by an award granted under the 2025 Equity Incentive Plan (or portion of an award) that terminates, expires, lapses or repurchased for any reason will be deemed not to have been issued for purposes of determining the maximum aggregate number of Class A Ordinary Shares that may be issued under the 2025 Equity Incentive Plan.

**PART I**

**INFORMATION REQUIRED IN THE 10(A) PROSPECTUS**

**Item 1. Plan Information\***

**Item 2. Registrant Information and Employee Plan Annual Information\***

\* The documents containing the information specified in "Item 1. Plan Information" and "Item 2. Registrant Information and Employee Plan Annual Information" of Form S-8 will be sent or given to participants of the 2025 Equity Incentive Plan, as specified by Rule 428(b)(1) under the Securities Act. Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the "Commission") either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference.**

The following documents, and all documents we subsequently file pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the "**Exchange Act**"), prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and shall be deemed to be a part hereof from the date of the filing of such documents:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) our
Annual Report on [Form 20-F](http://www.sec.gov/Archives/edgar/data/1876766/000121390025036244/ea0239105-20f_lichen.htm) for the fiscal year ended December 31, 2024, filed with the Commission on April 29, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) our
Reports on Form 6-K, filed with the Commission on [September 10, 2025](http://www.sec.gov/Archives/edgar/data/1876766/000118518525001161/lichen6k091025.htm) , [September 19, 2025](http://www.sec.gov/Archives/edgar/data/1876766/000118518525001236/licn6k091725.htm) , [September 19, 2025](http://www.sec.gov/Archives/edgar/data/1876766/000118518525001237/licn6k091525.htm) , and [November 7, 2025](http://www.sec.gov/Archives/edgar/data/1876766/000118518525001646/licn6k103025.htm) ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The
description of our ordinary shares incorporated by reference in our registration statement on [Form 8-A](http://www.sec.gov/Archives/edgar/data/1876766/000121390022054447/ea165440-8a12b_lichenchina.htm) , as amended (File No. 001-41493)
filed with the Commission on September 7, 2022, including any amendment and report subsequently filed for the purpose of updating that
description; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) all
reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by the report referred
to in (1) above.

All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold, or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents.

Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or deemed to be incorporated by reference herein modifies or supersedes such statement.

**Item 4. Description of Securities**.

Not applicable.

**Item 5. Interests of Named Experts and Counsel**.

Not applicable.

**Item 6. Indemnification of Directors and Officers**.

Cayman law does not prohibit or restrict a company from indemnifying its directors and officers against personal liability for any loss they may incur arising out of the company's business. A company's articles may provide for the indemnification of a director or an officer for breach of duty, save in circumstances where there has been wilful neglect, wilful default, fraud or dishonesty in the carrying out of fiduciary duties.

Our Amended and Restated Memorandum and Articles of Association provide that the Company shall indemnify each Director and officer of the Company and any trustee acting in relation to any of the affairs of the Company and their heirs, executors, administrators and personal representatives respectively, out of the assets of the Company from and against all actions, proceedings, costs, charges, losses, damages and expenses which they or any of them shall or may incur or sustain by reason of any act done or omitted in or about the execution of their duty in their respective offices or trusts, except such (if any) as they shall incur or sustain by or through their own wilful neglect or default respectively and no such Director, officer or trustee shall be answerable for the acts, receipts, neglects or defaults of any other Director, officer or trustee or for joining in any receipt for the sake of conformity or for the solvency or honesty of any banker or other persons with whom any monies or effects belonging to the Company may be lodged or deposited for safe custody or for any insufficiency of any security upon which any monies of the Company may be invested or for any other loss or damage due to any such cause as aforesaid or which may happen in or about the execution of his office or trust unless the same shall happen through the wilful neglect or default of such Director, officer or trustee.

In addition, we have entered into indemnification agreements with our prior directors and executive officers that provide such persons with additional indemnification beyond that provided in our Amended and Restated Memorandum and Articles of Association.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers or persons controlling us under the foregoing provisions, we have been informed that in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

**Item 7. Exemption from Registration Claimed**.

Not applicable.

**Item 8. Exhibits**.

Reference is hereby made to the Exhibit Index, which is incorporated herein by reference.

**Item 9. Undertakings**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To
file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To
include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To
reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To
include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or
any material change to such information in this Registration Statement;

*provided*, *however*, that paragraphs (1)(a) and (1)(b) above do not apply if the information required to be included in a post- effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination
of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that, in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 4.1 | [The Amended and Restated Memorandum and Articles of Association (incorporated by reference to Exhibit 3.1 to our report on Form 6-K filed with the SEC on February 12, 2025)](http://www.sec.gov/Archives/edgar/data/1876766/000121390025012915/ea023081401ex3-1_lichen.htm) |
| 5.1 | [Opinion of Appleby, the Cayman Islands counsel of the Company, regarding the validity of the securities being registered (filed herewith)](licnex5-1.htm) |
| 10.1 | [2025 Equity Incentive Plan of Lichen International Limited (incorporated by reference to Exhibit 99.1 to the report on Form 6-K filed with the SEC on November 7, 2025)](http://www.sec.gov/Archives/edgar/data/1876766/000118518525001646/licnex99-1.htm) |
| 23.1 | [Consent of Appleby (included in Exhibit 5.1)](licnex5-1.htm) |
| 23.2 | [Consent of Enrome LLP (filed herewith)](licnex23-2.htm) |
| 23.3 | [Consent of TPS Thayer, LLC (filed herewith)](licnex23-3.htm) |
| 107 | [Filing Fee Table (filed herewith)](licnex-fee.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in China, on November 7, 2025.

---

| | |
|:---|:---|
| **Lichen International Limited** | **Lichen International Limited** |
| By: | */s/ Ya Li* |
| Name: | Ya Li |
| Title: | Chief Executive Officer |

---

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| */s/ Ya Li* | Chief Executive Officer and Chairman of the Board | November 7, 2025 |
| Ya Li | (Principal Executive Officer and Director) |  |
| */s/ Zhixiang Fang* | Chief Financial Officer | November 7, 2025 |
| Zhixiang Fang | (Principal Financial and Accounting Officer) |  |
| */s/ Yi Deng* | Director | November 7, 2025 |
| Yi Deng |  |  |
| */s/ Zhihuang Deng* | Director | November 7, 2025 |
| Zhihuang Deng |  |  |
| */s/ Robert Bodenstein* | Director | November 7, 2025 |
| Robert Bodenstein |  |  |
| */s/ Jingyu Lian* | Director | November 7, 2025 |
| Jingyu Lian |  |  |

---

**SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES**

Pursuant to the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of Lichen International Limited, has signed this registration statement or amendment thereto in New York, NY on November 7, 2025.

---

| | | |
|:---|:---|:---|
| **Authorized U.S. Representative** | **Authorized U.S. Representative** | **Authorized U.S. Representative** |
| Cogency Global Inc. | Cogency Global Inc. | Cogency Global Inc. |
| By: | */s/ Colleen A. De Vries* | */s/ Colleen A. De Vries* |
|  | Name: | Colleen A. De Vries |
|  | Title: | Senior Vice President |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ex5-1_001.jpg)

---

| | |
|:---|:---|
| **Lichen International Limited**<br> Windward 3, Regatta Office Park<br> PO Box 1350, Grand Cayman KY1-1108 <br> Cayman Islands<br>**Attention** The Board of Directors | **Email** jlee@applebyglobal.com<br>**Direct Dial** +852 2905 5737<br> **Tel** +852 2523 8123<br>**Appleby Ref** 437495.0010 <br>30 October 2025 |

---

Suites 3504B-06

35/F, Two Taikoo Place

979 King's Road

Quarry Bay

Hong Kong

Tel +852 2523 8123

applebyglobal.com

Managing Partner

David Bulley

Partners

Fiona Chan

Vincent Chan

Chris Cheng

Richard Grasby

Eason Huang

Judy Lee

Michael Makridakis

John McCarroll SC

Lorinda Peasland

Eliot Simpson

**Lichen International Limited (Company)**

**INTRODUCTION**

This opinion as to Cayman Islands law is addressed to you in connection with a registration statement on Form S-8 to be filed with the Securities and Exchange Commission (the **Commission**) (the **Registration Statement**) relating to the registration under the United States Securities Act of 1933, as amended, (the **Securities Act**) of 2,500,000 series A ordinary shares of par value US$0.008 per share in the capital of the Company (the **Equity Incentive Plan Shares**), issuable under the 2025 equity incentive plan of the Company (the **Plan**).

**OUR REVIEW**

For the purposes of giving this opinion we have examined and relied upon the documents listed in Schedule 1 (**Documents**). We have not examined any other documents, even if they are referred to in the Documents.

We have not made any other enquiries concerning the Company and in particular we have not investigated or verified any matter of fact or opinion (whether set out in any of the Documents or elsewhere) other than as expressly stated in this opinion.

Unless otherwise defined herein, capitalised terms have the meanings assigned to them in Schedule 1.

**LIMITATIONS**

Our opinion is limited to, and should be construed in accordance with, the laws of the Cayman Islands at the date of this opinion. We express no opinion on the laws of any other jurisdiction.

Bermuda ■ British Virgin Islands ■ Cayman Islands ■ Guernsey ■ Hong Kong ■ Isle of Man ■ Jersey ■ Mauritius ■ Seychelles ■ Shanghai ■ Shenzhen

![](ex5-1_001.jpg)

This opinion is limited to the matters stated in it and does not extend, and is not to be extended by implication, to any other matters.

This opinion is given solely for the benefit of the addressee(s) in connection with the matters referred to herein and, except with our prior written consent it may not be transmitted or disclosed to or used or relied upon by any other person or be relied upon for any other purpose whatsoever.

**ASSUMPTIONS AND RESERVATIONS**

We give the following opinions on the basis of the assumptions set out in Schedule 2 (Assumptions), which we have not verified, and subject to the reservations set out in Schedule 3 (**Reservations**).

**OPINIONS**

1. **Incorporation and Status**: The Company is an exempted company incorporated with limited liability and existing under the laws of the Cayman Islands
and is a separate legal entity. The Company is in good standing with the Registrar of Companies of the Cayman Islands.

2. **Issue of Shares**: The Equity Incentive Plan Shares to be issued by the Company and registered under the Registration Statement have been
duly authorized. When allotted, issued and fully paid for as contemplated by the Plan and the Resolutions, and appropriate entries are
made in the register of members of the Company, the Equity Incentive Plan Shares will be validly issued, fully paid and non-assessable
(which term means when used herein that no further sums are required to be paid by the holders thereof in connection with the issue of
such shares).

**CONSENT**

We consent to the use of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not hereby admit that we are "experts" within the meaning of such term as used in the Securities Act or that we are within the category of persons whose consent is required under the Securities Act or the Rules and Regulations of the Commission promulgated thereunder.

Yours faithfully

*/s/ Appleby*

**Appleby**

Bermuda ■ British Virgin Islands ■ Cayman Islands ■ Guernsey ■ Hong Kong ■ Isle of Man ■ Jersey ■ Mauritius ■ Seychelles ■ Shanghai ■ Shenzhen

![](ex5-1_001.jpg)

**Schedule 1**

**Documents Examined**

1. Scanned
copies of: (i) the certificate of incorporation of the Company dated 13 April 2016; (ii) the certificate of incorporation on change of
name of the Company dated 11 November 2016; (iii) the certificate of incorporation on change of name of the Company dated 7 April 2017;
and (iv) the certificate of incorporation on change of name of the Company dated 14 February 2025 (collectively, **Certificate of Incorporation**).

2. Scanned
copies of the amended and restated memorandum of association and articles of association of the Company adopted on 10 February 2025 (collectively, **Constitutional Documents**).

3. A
scanned copy of the certificate of good standing dated 20 August 2025 issued by the Registrar of Companies in respect of the Company
(**Certificate of Good Standing**).

4. A
scanned copy of the certificate of incumbency dated 30 October 2025 issued by the Company's registered office provider in respect
of the Company (**Certificate of Incumbency**).

5. A
scanned copy of the unanimous written resolutions of all the directors of the Company dated 30 October 2025 (**Resolutions**).

6. A
scanned copy of the Plan.

Bermuda ■ British Virgin Islands ■ Cayman Islands ■ Guernsey ■ Hong Kong ■ Isle of Man ■ Jersey ■ Mauritius ■ Seychelles ■ Shanghai ■ Shenzhen

![](ex5-1_001.jpg)

**Schedule 2**

**Assumptions**

We have assumed:

1. (i)
that the originals of all documents examined in connection with this opinion are authentic, accurate and complete; and (ii) the authenticity,
accuracy, completeness and conformity to original documents of all documents submitted to us as copies;

2. that
there has been no change to the information contained in the Certificate of Incorporation or the Certificate of Incumbency and that the
Constitutional Documents remain in full force and effect and are unamended;

3. that
the signatures, initials and seals on all documents and certificates submitted to us as originals or copies of executed originals are
authentic;

4. that
where incomplete documents, drafts or signature pages only have been supplied to us for the purposes of issuing this opinion, the original
documents have been duly completed and correspond in all material respects with the last version of the relevant documents examined by
us prior to giving our opinion;

5. that
none of the Company's directors or its registered office has received any notice of any litigation or threatened litigation to
which the Company is or may be party;

6. that
the Company has not (i) received notice of any stop notice under Order 50 of the Grand Court Rules in respect of any of its shares or
(ii) received notice of any restrictions notice under the Beneficial Ownership Transparency Act (as amended) of the Cayman Islands in
respect of any of its shares, which restrictions notice has not been withdrawn by the registered office or ceased by court order;

7. that
(i) any meetings at which the Resolutions were passed were duly convened and had a duly constituted quorum present and voting throughout
and any Resolutions passed in writing were adopted in accordance with the law and the Constitutional Documents, (ii) all interests of
the directors of the Company on the subject matter of the Resolutions, if any, were declared and disclosed in accordance with the law
and Constitutional Documents, (iii) the Resolutions have not been revoked, amended or superseded, in whole or in part, and remain in
full force and effect at the date of this opinion, and (iv) the directors of the Company have concluded that the transactions approved
by the Resolutions are *bona fide* in the best interests of the Company and for a proper purpose of the Company;

8. that
the Certificate of Incumbency accurately reflects the names of all directors and officers of the Company, as at the dates the Resolutions
were passed or adopted and as at the date of this opinion;

9. that
there are no records of the Company, agreements, documents or arrangements other than the Constitutional Documents, the Resolutions and
the documents expressly referred to herein as having been examined by us which materially affect, amend or vary the transactions contemplated
in the Documents or restrict the powers and authority of the directors of the Company in any way which would affect opinions expressed
herein;

10. that
the directors or members of the Company have not taken any steps to have the Company struck off or placed in liquidation, no steps have
been taken to wind up the Company and no receiver has been appointed over any of the Company's property or assets;

11. that
there are no matters of fact or law (excluding matters of Cayman Islands law) which would affect the opinions expressed herein;

12. that
any Equity Incentive Plan Shares will be issued by the Company against payment in full, which shall be equal to at least the par value
thereof, and be duly registered in the Company's register of members; and

13. the
effectiveness of the Registration Statement under the laws of the United States of America.

Bermuda ■ British Virgin Islands ■ Cayman Islands ■ Guernsey ■ Hong Kong ■ Isle of Man ■ Jersey ■ Mauritius ■ Seychelles ■ Shanghai ■ Shenzhen

![](ex5-1_001.jpg)

**Schedule 3**

**Reservations**

Our opinion is subject to the following:

1. **Foreign Law**: Relevant foreign law will not be applied by the Cayman Islands courts if it is not pleaded and proved, it is not a *bona fide* and lawful choice of law, or it would be contrary to public policy in the Cayman Islands for that law to be applied.

2. **Currency of Court Judgments**: The Cayman Islands Grand Court Rules 1995 expressly contemplate that judgments may be granted by the Grand Court
of the Cayman Islands in currencies other than Cayman Islands dollars or United States dollars. Such Rules provide for various specific
rates of interest payable upon judgment debts according to the currency of the judgment.

3. **Conversion of Debts**: In the event the Company is placed into liquidation, the Cayman Islands court is likely to require that all debts are converted
(at the official exchange rate at the date of conversion) into and paid in a common currency which is likely to be Cayman Islands dollars
or United States dollars.

4. **Summary Court Register**: We have not examined the register of the summary court of the Cayman Islands on the basis that claims in such court
are limited to a maximum of approximately USD24,000.

5. **Preferences**:
Every conveyance or transfer of property, or charge thereon, and every payment obligation and judicial proceeding, made, incurred, taken
or suffered by a company at a time when that company was unable to pay its debts within the meaning of section 93 of the Companies Act,
and made or granted in favour of a creditor with a view to giving that creditor a preference over the other creditors of the company,
would be voidable upon the application of the company's liquidator pursuant to section 145(1) of the Companies Act, if made, incurred,
taken or suffered within the six months preceding the commencement of a liquidation of the company. Such
actions will be deemed to have been made with a view to giving such creditor a preference if it is a "related party" of the
company. A creditor shall be treated as a related party if it has the ability to control a company or exercise significant influence
over a company in making financial and operating decisions.

6. **Undervalues**:
Any disposition of property made at an undervalue by or on behalf of a company and with an intent to defraud its creditors (which means
an intention to wilfully defeat an obligation owed to a creditor), shall be voidable (i) under section 146 of the Companies Act at the
instance of the company's official liquidator, and (ii) under the Fraudulent Dispositions Act, at the instance of a creditor thereby
prejudiced.

7. **Defrauding Creditors**: If any business of a company has been carried on with intent to defraud creditors of the company or creditors of any other
person or for any fraudulent purpose, the Cayman Islands court may declare that any persons who were knowingly parties to the carrying
on of the business of the company in such manner are liable to make such contributions, if any, to the company's assets as the
court thinks proper.

8. **Good Standing**: Our opinion as to good standing is based solely upon receipt of the Certificate of Good Standing issued by the Registrar
of Companies. The Company shall be deemed to be in good standing under section 200A of the Companies Act on the date of issue of the
certificate if all fees and penalties under the Companies Act have been paid and the Registrar of Companies has no knowledge that the
Company is in default under the Companies Act.

9. **Corporate Documents**: The Registry of Companies in the Cayman Islands is not public in the sense that copies of the Constitutional Documents
and information on shareholders is not publicly available and information on directors is limited. We have therefore obtained scanned
copies of the corporate documents specified in Schedule 1 and relied exclusively on such scanned copies for the verification of such
corporate information.

10. **Issue of shares:** Based on the decision in the English case of *Houldsworth v City of Glasgow Bank* (1880) 5 App Cas 317 HL, in the
event of a misrepresentation by a Company on which a shareholder relied in agreeing to subscribe for shares in such Company, the shareholder
may be entitled to rescind the share subscription agreement and thereafter claim damages against such Company for any additional loss
suffered as a result of the misrepresentation. Such a claim for damages will not arise unless and until the shareholder has successfully
rescinded the share subscription agreement. A shareholder may be barred from rescinding on the grounds of delay or affirmation and if
such Company is wound up (whether voluntarily or compulsorily), such shareholder will lose the right to rescind the share subscription
agreement.

11. **Register of Members:** Under the Companies Act, the register of members of a Cayman Islands company is by statute regarded as *prima facie* evidence of any matters which the Companies Act directs or authorises to be inserted therein. A third-party interest in the shares
in question would not appear. An entry in the register of members may yield to a court order for rectification (for example, in the event
of fraud or manifest error).

Bermuda ■ British Virgin Islands ■ Cayman Islands ■ Guernsey ■ Hong Kong ■ Isle of Man ■ Jersey ■ Mauritius ■ Seychelles ■ Shanghai ■ Shenzhen

## Exhibit 23.2

**Exhibit 23.2**

![?????? ?????????????????????](ex23-2_001.jpg)

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated April 28, 2025, with respect to the consolidated financial statements of Lichen International Limited (formerly known as "Lichen China Limited) as of December 31, 2024 and 2023, and for the years ended December 31, 2024 and 2023, which appears in the annual report on Form 20-F of Lichen International Limited for the years ended December 31, 2024 and 2023.

*/s/ Enrome LLP*

Singapore, Singapore

November 7, 2025

## Exhibit 23.3

**Exhibit 23.3**

![](ex23-3_001.jpg)

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We consent to the incorporation by reference in this Registration Statement on Form S-8 of Lichen China Limited of our report dated May 1, 2023, with respect to the consolidated financial statements of Lichen China Limited for the years ended December 31, 2022 and 2021, which appears in Form 20-F of Lichen China Limited filed with the Securities and Exchange Commission.

*/s/ TPS Thayer LLC*

 

TPS Thayer LLC

Sugar Land, Texas

November 7, 2025

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**Lichen International Limited**

**Table 1: Newly Registered Securities**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| Equity | Class A Ordinary Shares, US$0.008 par value per share | (1) | Other | 2500000 | $3.61 | $9025000.00 | 0.0001381 | $1246.35 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $9025000.00 |  | 1246.35 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $1246.35 |

---

**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) This Registration Statement on Form S-8 covers additional shares of Class A Ordinary Shares, US$0.008 par value per share of Lichen International Limited ("Registrant") issuable pursuant to the 2025 Equity Incentive Plan (as amended and restated, the "2025 Equity Incentive Plan") of the Registrant. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement is deemed to cover an indeterminate number of ordinary shares which may be offered and issued to prevent dilution resulting from share splits, share dividends or similar transactions as provided in the 2025 Equity Incentive Plan. The proposed maximum offering price per share, which is estimated solely for the purposes of calculating the registration fee under Rule 457(h) and Rule 457(c) under the Securities Act, is based on US$3.61 per Class A ordinary share, the average of the high and low prices for the Registrant's Class A ordinary share as quoted on the Nasdaq Capital Market on November 6, 2025.