Operating Lease (Tables)

12 Months Ended

Dec. 31, 2020

Lessee Disclosure [Abstract]

Schedule of Lease Cost and Other Information Related to Operating Leases

For the year ended December 31, 2020, the Company has incurred rent expenses solely for the office premises on a monthly basis as follows:

	As of December 31, 2020
Lease Cost
Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations)	$	51,126
Other Information
Cash paid for amounts included in the measurement of lease liabilities for 2020	$	56,807
Weighted average remaining lease term – operating leases (in years)		-
Average discount rate – operating leases		4.35	%

Schedule of Supplemental Balance Sheet Information Related to Leases

The supplemental balance sheet information related to leases for the period is as follows:
Operating leases
Right-of-use assets	$	-
Total operating lease assets	$	-
Short-term operating lease liabilities	$	-
Total operating lease liabilities	$	-

Schedule of Maturities of Lease Liabilities

Maturities of the Company’s lease liabilities are as follows:

Year ending December 31,	Operating Lease
2021		-
Total lease payments		-
Less: Imputed interest/present value discount		-
Present value of lease liabilities		-