Exhibit 8.1

LIST OF SUBSIDIARIES

Name of Subsidiary Jurisdiction of Incorporation or Organization

● Guardforce AI Holdings Limited (BVI), a BVI company

● Guardforce AI Robots Limited (BVI), a BVI company

● Guardforce AI (Hong Kong) Co., Limited, a Hong Kong company

● Horizon Dragon Limited (BVI), a BVI company

● Southern Ambition Limited (BVI), a BVI company

● Guardforce AI Group Co., Limited (Thailand), a Thailand company

● Guardforce Cash Solutions Security (Thailand) Co., Ltd., a Thailand company

● Handshake Networking Limited, a Hong Kong company