The Company adopted the provisions of uncertain tax positions as addressed in ASC 740 “Income Taxes” (“ASC 740”). As a result of the implementation of ASC 740, the Company recognized no increase in the liability for unrecognized tax benefits. As of June 30, 2018, the Company had net operating loss carry forwards of approximately $8,040 that may be available to reduce future years' taxable income in varying amounts through 2037. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.

The valuation allowance at June 30, 2018 was approximately $8,040. The net change in valuation allowance for the six months ended June 30, 2018 was $3,804.

		As of June 30, 2018		As of December 31, 2017
Non-current deferred tax assets:
Net operating loss carry forward	$	(8,040)	$	(4,236)
Valuation allowance	$	8,040	$	4,236
Net deferred tax assets	$	-	$	-

The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the year ended December 31, 2017 as follows:

		As of June 30, 2018		As of December 31, 2017
Computed “expected” tax expense (benefit)	$	(3,804)	$	(3,922)
Change in valuation allowance	$	3,804	$	3,922
Actual tax expense (benefit)	$	-	$	-

The related deferred tax benefit on the above unutilized tax losses has a full valuation allowance not recognized against it as there is no certainty of its realization. Management has evaluated tax positions in accordance with ASC 740 and has not identified any significant tax positions, other than those disclosed.