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

	As of
	September 30,		December 31,
	2020		2019
Tax Recoverable
Local	$	-	$	-
Foreign, representing:
Malaysia		-		(2,858	)
Tax Recoverable		-		(2,858	)

Income tax liabilities:
Local	$	-	$	-
Foreign, representing:
Malaysia		673		-
Income tax liabilities		673		-

Deferred tax liabilities:
Plant and equipment
Local	$	-	$	-
Foreign, representing:
Malaysia		-		-
Deferred tax liabilities		-		-
Total		673		(2,858	)