LEASE RIGHT OF USE ASSET AND LEASE LIABILITY (Tables)

3 Months Ended

Mar. 31, 2022

LEASE RIGHT OF USE ASSET AND LEASE LIABILITY

Schedule of the operating lease right

Operating lease right of use as follow:	As of
	March 31,			December 31,
	2022			2021
Balance as of beginning of the year	$	41,090		$	62,529
Reduction due to discount on rental		-			(913	)
Less: Amortization		(4,328	)		(18,305	)
Foreign translation differences		(401	)		(2,221	)
Balance	$	36,361		$	41,090

Operating lease liability as follow:
	March 31,			December 31,
	2022			2021
Balance as of beginning of the year	$	42,909		$	63,079
Add: Addition of lease liabilities		-			(972	)
Less: gross repayment		(5,119	)		(16,856	)
Add: imputed interest		529			2,704
Foreign translation differences		(418	)		(5,046	)
Balance as of end of the year		37,901			42,909
Less: lease liability current portion		(16,412	)		(18,272	)
Lease liability non-current portion	$	21,489		$	24,637

Schedule of amortization of right of use

Other information:	As of
	March 31, 2022			December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating lease	$	5,007		$	20,169
Right of use assets obtained in exchange for operating lease liabilities		36,361			41,090
Remaining lease term for operating lease (years)		1.75			2
Weighted average discount rate for operating lease	$	5.40	%	$	5.40	%