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Related party transactions and balances
12 Months Ended
Dec. 31, 2021
Related party transactions and balances  
Related party transactions and balances

Note 10 - Related party transactions and balances

 

The following is a summary of related parties’ balances as of December 31, 2020 and 2021:

 

 

 

 

 

As of

December 31,

 

 

As of

December 31,

 

Account

 

Name of related parties

 

2021

 

 

2020

 

Amount due from related parties

 

 

 

 

 

 

 

 

 

 

Andreas Spiegler, CEO, Principal Accounting Officer & Principal Financial Officer

 

 

16,401

 

 

 

12,750

 

Total

 

 

 

$

16,401

 

 

$

12,750

 

 

 

 

 

 

 

 

 

 

Amounts due to related parties

 

 

 

 

 

 

 

 

 

 

PlanET China

 

 

28,170

 

 

 

30,407

 

Total

 

 

 

$

28,170

 

 

$

30,407