OPERATING LEASE RIGHT OF USE ASSET AND LEASE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2023

OPERATING LEASE RIGHT OF USE ASSET AND LEASE LIABILITIES

Schedule of operating lease right of use assets

As of December 31, 2023 and 2022 operating lease right of use assets as follows:
	As of			As of
	December 31,			December 31,
	2023			2022
Balance as of December 31, 2022	$	55,730		$	41,090
Add: Addition of right of use assets		113,279			32,281
Less: accumulated amortization		(25,038	)		(15,534	)
Foreign translation differences		(2,428	)		(2,107	)
Balance as of December 31, 2023	$	141,544		$	55,730

Schedule of the operating lease liability

As of December 31, 2023 and 2022 operating lease liabilities as follows:
	As of			As of
	December 31,			December 31,
	2023			2022
Balance as of beginning of the year	$	56,775		$	42,909
Add: Addition of lease liabilities		113,279			30,770
Less: gross repayment		(39,798	)		(19,618	)
Add: imputed interest		5,613			4,913
Foreign translation differences		(2,474	)		(2,199	)
Balance as of end of the year		133,395			56,775
Less: lease liabilities current portion		(34,632	)		(16,569	)
Lease liabilities non-current portion	$	98,763		$	40,206

Schedule of maturities of the operating lease obligation

As of December 31, 2023 and 2022, the maturities of the operating lease obligation are as follows:
	As of		As of
	December 31,		December 31,
Years ending December 31:	2023		2022
2023		-		16,569
2024		34,632		17,048
2025		30,304		11,209
2026		32,353		11,949
2027		22,361		-
2028		13,745		-
Total	$	133,395	$	56,775

Schedule of Amortization of Right of Use

Other information:
	As of			As of
	December 31,			December 31,
Cash paid for amounts included in the measurement of lease liabilities:	2023			2022
Operating cash flow from operating leases	$	76,620		$	(126,686	)
Right of use assets obtained in exchange for operating lease liabilities		141,544			55,730
Remaining lease term for operating leases (years)		4.5			4
Weighted average discount rate for operating leases	$	6.53	%	$	6.40	%
Lease expenses for the year ended December 31, 2023 and 2022 were $5,613 and $4,913 respectively.