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DESCRIPTION OF BUSINESS AND ORGANIZATION | 12 Months Ended
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Dec. 31, 2021
Accounting Policies [Abstract] |
DESCRIPTION OF BUSINESS AND ORGANIZATION | NOTE－1 DESCRIPTION OF BUSINESS AND ORGANIZATION Society Pass Incorporated (the “Company”) is incorporated in State of Nevada on June 22, 2018 under the name of Food Society Inc. On October 3, 2018, the Company changed its company name to Society Pass Incorporated. The Company through its subsidiaries, mainly sells and distributes the hardware and software of Point of Sales (POS) application in Vietnam. On February 10, 2021, the Company effected a 750 for 1 stock split of the issued and outstanding shares of the Company’s common stock. The number of authorized shares and par value remain unchanged. All share and per share information in this financial statements and its footnotes have been retroactively adjusted for the years presented, unless otherwise indicated, to give effect to the forward stock split. On September 21, 2021, the Company effected a 1 for 2.5 stock split of the issued and outstanding shares of the Company’s common stock. The number of authorized shares and par value remain unchanged. All share and per share information in this financial statements and its footnotes have been retroactively adjusted for the years presented, unless otherwise indicated, to give effect to the reverse stock split. An additional result of the stock split was that the stated value of preferred stock, the number of designated shares and outstanding shares of each series of preferred stock was unchanged in accordance to the respective certificate of designations. The number of authorized shares of preferred stock remained unchanged. The registration statement for the Company’s Initial Public Offering became effective on November 8, 2021. On November 8, 2021, the Company entered into an underwriting agreement with Maxim Group LLC, related to the offering of 2,888,889 shares of the Company’s common stock (the “Firm Share”), at a public offering price of $9.00 per share. Under the terms of the Underwriting Agreement, the Company granted the Underwriters an option, exercisable for 45 days, to purchase an additional 236,111 shares of common stock (the “Option Shares”) to cover over-allotments. The Company raised $26,000,001 and $2,124,999 from its initial public offering and from the additional sale of the Option Shares, respectively. Description of subsidiaries incorporated by the Company Schedule of Description of subsidiaries
Schedule of Description of subsidiaries |  |  |  |  |  |  |  |
Name |  | Place and date of incorporation |  | Principal activities |  | Particulars of registered/ paid up share capital |  | Effective interest held
Society Technology LLC |  | State of Nevada, January 24, 2019 |  | IP Licensing |  | US$1 |  |  | 100 | %
SOPA Cognitive Analytics Private Limited |  | India, February 5, 2019 |  | Computer sciences consultancy and data analytics |  | INR1,238,470 |  |  | 100 | %
SOPA Technology Pte. Ltd. |  | Singapore, June 4, 2019 |  | Investment holding |  | SG$1,250,000 |  |  | 95 | %
SOPA Technology Company Limited |  | Vietnam, October 1, 2019 |  | Software production |  | Registered: VND 2,307,300,000; Paid up: VND 1,034,029,911 |  |  | 100 | %
Hottab Pte Ltd. (HPL) |  | Singapore, January 17, 2015 |  | Software development and marketing for the F&B industry |  | SG$620,287.75 |  |  | 100 | %
Hottab Vietnam Co. Ltd |  | Vietnam, April 17, 2015 |  | Sale of POS hardware and software |  | VND 1,000,000,000 |  |  | 100 | %
Hottab Asset Company Limited |  | Vietnam, July 25, 2019 |  | Sale of POS hardware and software |  | VND 5,000,000,000 |  |  | 100 | %
Leflair Incorporated |  | United States, December 07, 2021 |  | Investment holding |  | US$1 |  |  | 100 | %
SOPA Capital Limited |  | United Kingdom, December 07, 2021 |  | Investment holding |  | £1 |  |  | 100 | %
The Company and its subsidiaries are hereinafter referred to as (the “Company”).

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- Definition The entire disclosure for the general note to the financial statements for the reporting entity which may include, descriptions of the basis of presentation, business description, significant accounting policies, consolidations, reclassifications, new pronouncements not yet adopted and changes in accounting principles. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -URI http://asc.fasb.org/topic&trid=2122394 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
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