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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
SCHEDULE OF LOCAL AND FOREIGN COMPONENTS OF INCOME (LOSS) BEFORE INCOME TAXES

For the years ended December 31, 2023 and 2022, the local (United States) and foreign components of income (loss) before income taxes were comprised of the following:

 

   For the year ended December 31, 
   2023   2022 
Tax jurisdictions from:  $    $  
- Local   (135,274)   (62,192)
- Foreign, representing          
Seychelles   -    - 
Hong Kong   (78)   (3,848)
China   (771,774)   (1,182,989)
           
Income (loss) before income tax  $(907,126)  $(1,249,029)
SCHEDULE OF PROVISION FOR INCOME TAXES

The provision for income taxes consisted of the following:

 

   For the year ended December 31, 
   2023   2022 
Current:  $    $  
- Local   -    4,579 
- Foreign   -    - 
           
Deferred:          
- Local   -    - 
- Foreign   -    - 
           
Income tax expense  $-   $4,579 
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The following table summarizes a reconciliation of the Company’s blended statutory income tax rate to the Company’s effective tax rate as a percentage of income from continuing operations before taxes:

 

   2023   2022 
   For the year ended
December 31,
 
   2023   2022 
Statutory tax rate:   21.0%   21.0%
Change in income tax valuation allowance   (21.5)%   (28.4)%
           
Effective tax rate   (0.5)%   (7.4)%
SCHEDULE OF DEFERRED TAX ASSETS

 

   2023   2022 
   As of December 31, 
   2023   2022 
Deferred tax assets:  $    $  
Net operating loss carryforwards          
– United States of America   41,421    13,060 
– Hong Kong   (4,282)   4,821 
– The PRC   1,036,117    889,891 
Deferred tax assets: Net operating loss carryforwards   1,073,256    907,772 
Less: valuation allowance   (1,073,256)   (907,722)
Deferred tax assets  $-   $-