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Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Taxes [Abstract]

Summary of income (loss) before taxes

		For the year ended				For the year ended
		December 31, 2017				December 31, 2016
PRC		$	(780,032	)		$	219,749
Foreign			(488,334	)			-
		$	(1,268,366	)		$	219,749

Summary of china statutory rates to the company's effective tax rate

		For the year ended				For the year ended
		December 31, 2017				December 31, 2016
China income tax rate			25.0	%			25.0	%
IPO costs			7.7	%			0.0	%
PRC – non-deductible expense			(1.7	%)			0.0	%
Cayman – non-deductible expense			(9.6	%)			0.0	%
Effective tax rate			21.4	%			25.0	%

Summary of significant components of deferred tax assets

		December 31, 2017				December 31, 2016
Net operating losses		$	302,3200			$	-
Depreciation and amortization			-				5,503
Deferred revenues			-				3,320
Total		$	302,3200			$	8,823

Summary of tax payable

		December 31, 2017				December 31, 2016
VAT taxes payable		$	28,877			$	48,468
Income taxes payable			-				28,550
Other taxes payable			6,770				5,138
Totals		$	35,647			$	82,156

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- References

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

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- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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- Definition

Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319

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