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INTANGIBLE ASSETS, NET | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS, NET | NOTE 6 – INTANGIBLE ASSETS, NET Intangible assets, net mainly consist of the following: SCHEDULE OF INTANGIBLE ASSETS
|  | December 31, 2021 |  |  | December 31, 2020 |
Land use rights |  | $ | - |  |  | $ | 1,016,215 |
Patents |  |  | - |  |  |  | 417,919 |
Subtotal |  |  | - |  |  |  | 1,434,134 |
Less: accumulated amortization for patents |  |  | - |  |  |  | (310,393 | )
Accumulated amortization for land use right |  |  | - |  |  |  | (149,045 | )
Subtotal |  |  | - |  |  |  | (459,438 | )
Intangible assets, net |  | $ | - |  |  | $ | 974,696 |
Amortization expense was $113,908 and $76,141 for the years ended December 31, 2021 and 2020, respectively. Due to the relocation pursuit to the Compensation Fund agreement with the local government (See Note 6), the Company accelerated the amortization expense and recorded a loss of $872,045 for the asset disposal of intangible assets during the three-month period ended March 31, 2021, as the Company plans to deregister Sichuan Wetouch and the newly set up Sichuan Vtouch will use new techniques with new equipment, as a result, the Company estimates no remaining useful life for the existing patents.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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