Provision for income taxes consisted of the following:

United States of America

The Company is registered in the State of Wyoming and is subject to the tax laws of the United States of America.

Malaysia

Bionexus Gens Lab Sdn Bhd are subject to Malaysia Corporate Tax, which is charged at the statutory income tax rate range from 17% to 24% on its assessable income.

	As of
	September 30, 2019			December 31, 2018
Tax Recoverable
Local	$	-		$	-
Foreign, representing:
Malaysia		(622	)		0
Tax Recoverable		(622	)		0

Income tax liabilities:
Local	$	-		$	-
Foreign, representing:
Malaysia		0			32,616
Income tax liabilities		0			32,616

Deferred tax liabilities:
Plant and equipment
Local	$	-		$	-
Foreign, representing:
Malaysia		4,433			4,485
Deferred tax liabilities		4,433			4,485
Total		3,811			37,101