SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of assets and liabilities of Yubo Beijing

	December 31, 2023			December 31, 2022
Cash	$	1,115		$	3,922
Receivables (net)		28,249			624
Prepaid Expenses		107,921			52,804
Inventory		214,575			322,173
Due from related parties		285,974			293,434
Property and equipment (net)		13,806			14,766
Intangible assets (net)		54,409			67,679
Operating lease right of use asset		182,856			499,161
Lease security deposit		83,201			85,372
Investment in Yubo Jingzhi and Yubo Phoenix (A)		259,887			217,391
Receivables from other consolidated entities (A)		357,860			337,790
Total assets		1,589,853			1,895,116
Accounts payable and accrued expenses		454,411			276,325
Advances from prospective customers/distributors		434,151			459,970
Due to related parties		1,690,922			1,057,052
Operating lease liabilities		182,856			499,161
Payables to other consolidated entities (A)		459,181			437,826
Total liabilities		3,221,521			2,730,334
Shareholders' equity	$	(1,631,668	)	$	(835,218	)

Schedule of Property and Equipment

Leasehold improvements	Remaining term of lease
Air conditioning equipment	5 years
Office equipment	3 years

Schedule of Intangible Assets

Distribution software	5 years
Patents	20 years