COMMITMENT

9 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

NOTE 5 – COMMITMENT

Operating lease commitment

The Group has entered into lease agreement for a leased hotel which it operates. Such lease is classified as operating lease.

Future minimum lease payments under non-cancellable lease agreement as follow:

Year:
2017	$	275,659
2018		275,659
2019		282,551
2020		303,225
2021 and after		1,531,288
	$	2,668,382

Under the lease arrangements, the Group pays rent on a quarterly basis.