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Intangible assets
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

Note 8 – INTANGIBLE ASSETS

 

   December 31,
2021		   December 31,
2020		 
Intangible assets- brand name  $535,815   $536,065 
Accumulated amortization   (53,975)   (433)
Intangible assets, net  $481,840   $535,632 

 

The intangible assets mainly include Bo Ling’s Chinese Restaurant, Inc.’s brand name to attract customers and bring in increased revenue to benefit the Company.

 

During the years ended December 31, 2022, 2021 and 2020, amortization expense amounted to $34,507, $28,253 and $28,217, respectively.

 

Estimated future amortization expense for land use rights is as follows:

 

Years ended December 31,  Amortization
expense		 
2023  $53,561 
2024   53,561 
2025   53,561 
2026   53,561 
2027   53,561 
Thereafter   214,035 
   $481,840