DEPOSIT PAYMENT TO A RELATED PARTY

9 Months Ended

Sep. 30, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deposit Assets Disclosure [Text Block]

NOTE 3 – DEPOSIT PAYMENT TO A RELATED PARTY

	As of
	September 30, 2016		As of
	(Unaudited)		December 31,2015
Deposit for lease of the hotel building	$	23,462	$	21,138

The deposit is made to shareholder for the lease of the hotel building. The deposit is refundable upon the lease expiring on September 30, 2025.

The long term deposits are not within the scope of the accounting guidance regarding interests on receivables and payables, because they are intended to provide security for the counterparty to the office rental agreements. Therefore, the deposits are recorded at costs.