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INTANGIBLE ASSET | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2021 | Dec. 31, 2020
INTANGIBLE ASSET |  |
NOTE 6 - INTANGIBLE ASSET | NOTE 6 - INTANGIBLE ASSET Intangible asset is software development cost incurred by company, it will be amortized on a straight line basis over the estimated useful life of 5 years as follow:
June 30, 2021 |  |  |  |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Weighted Average Useful Life (Years) |
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Software development |  | $ | 57,143 |  |  | $ | (6,206 | ) |  | $ | 50,937 |  |  |  | 5 |
Foreign currency translation adjustment |  |  | - |  |  |  | - |  |  |  | (7,526 | ) |  |  |  |
Intangible assets, net |  | $ | 57,143 |  |  | $ | (6,206 | ) |  | $ | 43,411 |  |  |  |  |
Amortization expense for intangible assets was $6,206 for the six months period ended June 30, 2021. Expected future intangible asset amortization as of June 30, 2021 was as follows:
Fiscal years: |  |  |
Remaining 2021 |  | $ | 6,206 |
2022 |  |  | 12,412 |
2023 |  |  | 12,412 |
Thereafter |  |  | 12,381 |
| NOTE 5 - INTANGIBLE ASSET Intangible asset is software development cost incurred by company, it will be amortized on a straight line basis over the estimated useful life of 5 years as follow:
December 31, 2020
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Weighted Average Useful Life (Years) |
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Software development |  | $ | 57,143 |  |  | $ | (11,696 | ) |  | $ | 45,447 |  |  |  | 5 |
Foreign currency translation adjustment |  |  | - |  |  |  | - |  |  |  | 3,582 |  |  |  |  |
Intangible assets, net |  | $ | 57,143 |  |  | $ | (11,696 | ) |  | $ | 49,029 |  |  |  |  |
Amortization expense for intangible assets was $11,696 for the year ended December 31, 2020. Expected future intangible asset amortization as of December 31, 2020 was as follows:
Fiscal years: |  |  |
Remaining 2020 |  | $ | 49,029 |
2021 |  |  | 36,772 |
2022 |  |  | 24,515 |
2023 |  |  | 12,257 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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- References No definition available. + Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration