PROVISION FOR TAXES (Tables)

9 Months Ended

Sep. 30, 2021

PROVISION FOR TAXES

Schedule of provision for income taxes

	For the nine months ended
	September 30,			September 30,
	2021			2020
Net profit (loss) before income taxes		106,433			(62,343	)
Tax expenses (benefit) at the statutory tax rate		22,351			(13,092	)
Tax effect of:
Valuation allowance		(22,351	)		13,092
Income tax benefit		-			-

	For the nine months ended
	September 30,		September 30,
	2021		2020
Net profit before income taxes	$	295,704	$	1,101,859
Tax expenses at the statutory tax rate		60,884		264,446
Tax effects of:
Utilization of deferred tax assets previously not recognized		-		-
Valuation of allowance on deferred tax assets		-		(264,446	)
Additional provision of income tax for the year 2020		124,706		-
Income tax expense	$	185,590	$	-

Schedule of Deferred Tax Assets and Liabilities

	September 30,			December 31,
	2021			2020
Net operating losses carry forwards	$	503,301		$	525,652
Valuation allowance		(503,301	)		(525,652	)
Deferred tax assets, net	$	-		$	-