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Taxation (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of income tax Table [Abstract]  
Schedule of pre-tax loss
   For the years ended
December 31,
 
   2021   2020   2019 
Cayman Islands  $(1,733,786)  $(1,711,094)  $(714,196)
BVI   (12,769)   (12,345)   (6,945)
Hong Kong   (588,315)   (63,483)   (39,828)
Singapore   (16,041)   
-
    
-
 
Thailand   (3,873,611)   (1,112,496)   909,519 
   $(6,224,522)  $(2,899,418)  $148,550 

 

Schedule of components of the income tax provision
   For the years ended
December 31,
 
   2021   2020   2019 
Current income tax expense  $
-
   $261,586   $
-
 
Deferred income tax (benefit) expense   (732,868)   (18,749)   88,473 
Total income tax (benefit) expense  $(732,868)  $242,837   $88,473 

 

Schedule of reconciliation between the statutory tax rate to income before income taxes and the actual provision for income taxes
   For the years ended
December 31,
 
   2021   2020   2019 
(Loss) Profit before income tax expense*  $(4,068,887)  $864,207   $909,519 
Thailand income tax statutory rate   20%   20%   20%
Income tax at statutory tax rate   (813,777)   172,841    181,904 
Permanent differences   80,910    69,996    (93,431)
Income tax (benefit) expense  $(732,868)  $242,837   $88,473 

 

Schedule of deferred tax assets and liabilities
   As of December 31, 
   2021   2020 
Provision for employee benefits  $1,163,826   $1,368,335 
Net operating loss carried forward   728,331    1,105 
Deferred tax assets   1,892,157    1,369,440 
Less:          
Deferred tax liabilities - finance leases   (256,519)   (331,094)
Deferred tax assets, net  $1,635,638   $1,038,346