v3.22.1
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
SCHEDULE OF LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX

Loss from continuing operations before income tax expense (benefit) is as follows:

 

   For the Years Ended 
   December 31, 
   2021   2020 
Tax jurisdiction from:          
- US  $(5,101,587)  $(21,957,557)
- Foreign          
Hong Kong (HK)   (79,656)   (257,753)
Japan (JP)   56,948    (20,988)
Switzerland (EU)   -    404,331 
Loss before income taxes  $(5,124,294)  $(21,789,991)
SCHEDULE OF DEFERRED TAX ASSETS

The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of December 31, 2021 and 2020:

 

         
   December 31, 
   2021   2020 
Deferred tax assets:          
NOL carry forwards          
United States – current rate  $5,513,210   $3,532,239 
United States – effect of change in statutory rate   -    - 
-Foreign   (50,327)   682,324 
Total   5,462,884    4,246,044 
Less: valuation allowance   (5,462,884)   (4,264,044)
Net deferred tax asset  $-   $-