Deferred Tax Assets, Net

12 Months Ended

Dec. 31, 2019

Deferred Tax Asset [Abstract]

DEFERRED TAX ASSETS, NET

NOTE 8 – DEFERRED TAX ASSETS, NET

The components of the deferred tax assets are as follows:

	December 31,		December 31,
Deferred tax assets, non-current	2019		2018
Deficit carried-forward	$	19,348	$	416,836
Additions		-		37,915
Deferred tax assets		19,348		454,751
Less: valuation allowance		-		-
Deferred tax assets, non-current	$	19,348	$	454,751

Deferred taxation is calculated under the liability method in respect of taxation effect arising from all timing differences, which are expected with reasonable probability to realize in the foreseeable future. The Company's subsidiary registered in the PRC is subject to income taxes within the PRC at the applicable tax rate.