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Related Party Transactions | 3 Months Ended
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Mar. 31, 2017
Related Party Transactions [Abstract] |
Related Party Transactions | NOTE 17 - RELATED PARTY TRANSACTIONS
|  | For the three months ended March 31, |
|  | 2017 |  |  | 2016 |
Business consulting and advisory service income |  |  |  |  |  |  |  |
- Related party A |  | $ | 3,484 |  |  |  | 32,973 |
- Related parties B |  |  | 74,287 |  |  |  | - |
- Related party C |  |  | - |  |  |  | 11,540 |
- Related party D |  |  | - |  |  |  | 590 |
Total |  |  | 77,771 |  |  |  | 45,103 |
Related party A is under common control of Mr. Loke Che Chan, Gilbert, a director of the Company. Related parties B represent companies where Greenpro Venture Capital Limited owns a certain percentage of their company shares. Related party C is under common control of Ms. Chen Yanhong, the director of GMC(SZ), a wholly-owned subsidiary of the Company. Related party D is under common control of Mr. Lee Chong Kuang and Mr. Loke Che Chan, Gilbert, the directors of the Company. All of these related party transactions are generally transacted in an arm-length basis at the current market value in the normal course of business.

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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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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