TAXATION (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF INCOME TAX EXPENSE

The income tax expense consisted of the following components:

	For the years ended December 31,
	2022		2023		2024
Current income tax expense	$	-	$	-	$	-
Deferred income tax benefit		-		-		-
Total income tax expense	$	-	$	-	$	-

SCHEDULE OF LOSS BEFORE INCOME TAX

Loss before provision for income taxes is attributable to the following geographic locations for the years ended December 31, 2022, 2023 and 2024:

	For the years ended December 31,
	2022			2023			2024
Taiwan	$	(859,741	)	$	(1,080,901	)	$	(524,817	)
PRC		(357,345	)		(915,690	)		(2,072,174	)
Others					(71,470	)		(560,004	)
Total loss before income taxes	$	(1,217,086	)	$	(2,068,061	)	$	(3,156,995	)

SCHEDULE OF RECONCILIATION OF PROVISION FOR INCOME TAXES

A reconciliation between the Company’s actual provision for income taxes and the provision at the Taiwan statutory rate is as follows:

	For the years ended December 31,
	2022			2023			2024
Loss before income tax expense	$	(1,217,086	)	$	(2,068,061	)	$	(3,156,995	)
Taiwan statutory tax rate		20	%		20	%		20	%
Computed income tax expense with Taiwan statutory tax rate	$	(243,417	)	$	(413,612	)	$	(631,399	)
Tax effect of different tax rates in other jurisdictions		(18,404	)		(29,619	)		8,392
Tax effect of additional deduction for R&D expenses		(47,431	)		(70,546	)		(51,817	)
Prior year true up		-			56,362			-
Non-taxable item		674			110,872			2,561
Exchange rate effect		(2,265	)		(17,054	)		-
Tax effect on deferred tax allowance		310,843			363,597			672,263
Income tax expense	$	-		$	-		$	-

SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS

As of December 31, 2023 and 2024, the significant components of the deferred tax assets were summarized below:

	As of December 31,
	2023			2024
Deferred tax assets:
Net operating loss carried forward	$	2,826,537		$	3,028,871
Impairment loss		305,219			312,677
Impact of foreign exchange		6,425			10,363
Lease liability		46,998			33,285
Total deferred tax assets		3,185,179			3,385,196
Valuation allowance		(3,140,578	)		(3,354,499	)
Deferred tax assets, net of valuation allowance		44,601			30,697
Deferred tax liabilities:
Right of use asset		(44,601	)		(30,697	)
Total deferred tax liabilities		(44,601	)		(30,697	)
Total deferred tax assets, net	$	-		$	-

SCHEDULE OF MOVEMENT OF VALUATION ALLOWANCE PROVISION FOR DEFERRED TAX ASSETS

The movement of valuation allowance provision for deferred tax assets was as follows:

Balance as of December 31, 2021	$	3,093,005
Current year addition		311,190
Expire of net operation loss		(152,259	)
Exchange rate effect		(288,345	)
Balance as of December 31, 2022	$	2,963,591
Current year addition		363,597
Expire of net operation loss		(168,776	)
Exchange rate effect		(17,834	)
Balance as of December 31, 2023	$	3,140,578
Current year addition		672,263
Expire of net operation loss		(286,411	)
Exchange rate effect		(171,931	)
Balance as of December 31, 2024	$	3,354,499

SCHEDULE OF OPERATING LOSS CARRYFORWARDS

For the fiscal years ending December 31,	Amount
2025	$	1,142,774
2026		1,185,384
2027		1,209,270
2028		1,179,362
2029		1,271,550
Thereafter		8,229,046
Total	$	14,217,386