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RELATED PARTY BALANCES AND TRANSACTIONS | 3 Months Ended
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Mar. 31, 2022
Related Party Transactions [Abstract] |
RELATED PARTY BALANCES AND TRANSACTIONS | Note 12 RELATED PARTY BALANCES AND TRANSACTIONS Due to related parties The balance due to related parties was as following:
Schedule of related party transactions |  |  |  |  |  |  |  |
|  | March 31, 2022 |  |  | December 31, 2021 |
|  | $ |  |  | $ |
Mr. Yin-Chieh Cheng (1) |  |  | 7,653 |  |  |  | – |
Mountain Share Transfer, LLC (2) |  |  | 7,681 |  |  |  | 39,341 |
Total |  |  | 15,334 |  |  |  | 39,341 |
Due from a related party The balance due from a related party was as following:
|  | March 31, 2022 |  |  | December 31, 2021 |
|  | $ |  |  | $ |
Taisi Electrical & Plumbing Co. Pte Ltd. (3) |  |  | 2,073,362 |  |  |  | 1,615,217 |
Note:
(1) | Mr. Yin-Chieh Cheng (“Mr. Cheng”) is the chairman the Company, and he holds 42.5% shares of the Company. The balance due to Mr. Cheng as of March 31, 2022 mainly represented the amount paid by Mr. Cheng on behalf of the Company.
(2) | Mountain Share Transfer, LLC is company 100% controlled by Erik S. Nelson, a greater than 5% stockholder of the Company. The balances represented the amount paid on behalf of the Company for its daily operation purpose.
(3) | Mr. Tsai Wen-Chih is the director of XFC and has control power over Taisi Electrical & Plumbing Co. Pte Ltd. The Company took over the receivable amount of $877,809 from acquisition of XFC in December 2020. None of the receivables have been impaired and it is expected that the full contractual amounts can be collected.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI https://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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