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VAT Payable
6 Months Ended
Jun. 30, 2018
VAT Payable [Abstract]  
VAT PAYABLE

NOTE 8 – VAT PAYABLE

 

The Company’s VAT payable consists of 6% on the revenue generated and 3% on the other income generated from car leasing. VAT payable as of June 30, 2018 and December 31, 2017 were $15,526 and $195,308, respectively.    The VAT payable has been properly accrued for based on the required VAT rate as of June 30, 2018 and December 31, 2017.