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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 257,300 $ 270,503
Accounts receivable, net 2,391,685 2,759,164
Due from related parties 286,884 316,860
Prepaid and other current assets 96,720 91,970
Total Current Assets 3,032,589 3,438,497
Property and equipment, net 319,988 287,970
Goodwill 1,455,960 1,455,960
Deferred tax assets 421,414 420,519
TOTAL ASSETS 5,229,951 5,602,946
Current Liabilities    
Accounts payable 2,275,322 2,291,921
Due to related parties 34,651 34,631
Loans payable, net of discount 209,637 89,671
Loans payable - related parties 1,889,531 1,885,708
Convertible notes 1,979,012 1,251,096
Other current liabilities 752,748 848,484
Derivative Liability, Current 3,836,809 4,744,134
Total Current Liabilities 10,977,710 11,145,645
Convertible notes - net of discount of $3,297 and $48,558 1,703 11,442
Loans payable 170,172 178,021
TOTAL LIABILITIES 11,366,097 11,373,361
Stockholders' Deficit    
Common Stock, Value 45,983 18,008
Additional paid in capital 6,759,303 3,240,528
Accumulated deficit (12,015,747) (8,125,257)
Accumulated other comprehensive income (1,853) (181)
Deficit attributed to stockholders of iQSTEL Inc. (5,212,314) (4,866,902)
Deficit attributable to noncontrolling interests (923,832) (903,513)
Total Shareholders' Deficit (6,136,146) (5,770,415)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 5,229,951 5,602,946
Employee benefits, non-current $ 216,512 $ 38,253