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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

Schedule of Loss before income tax
		Years ended December 31,
		2021				2020
Tax jurisdiction from:
- Local		$	32,901,996			$	3,019,273
- Foreign			1,951,608				800,383
Loss before income taxes		$	34,853,604			$	3,819,656

The provision for income taxes consisted of the following:

Schedule of provisions for income tax 

Schedule of provision for income taxes
		Years ended December 31,
		2021				2020
Current:
- United States		$	—			$	—
- Singapore			—				—
- Vietnam			—				—
- India			11,136				8,152
Deferred:
- United States			—				—
- Singapore			—				—
- Vietnam			—				—
- India			—				180
Income tax expense		$	11,136			$	8,332

Schedule of provision for income taxes

Schedule of provision for income taxes
		Years ended December 31,
		2021				2020
Current:
- United States		$	—			$	—
- Singapore			—				—
- Vietnam			—				—
- India			11,136				8,152
Deferred:
- United States			—				—
- Singapore			—				—
- Vietnam			—				—
- India			—				180
Income tax expense		$	11,136			$	8,332

Schedule of statutory United States federal income tax rate

Schedule of statutory United States federal income tax rate
Rate Reconciliation
		2021
Expected tax at statutory rates			(6,846,505	)			21	%
Nondeductible Expenses			6,979				0	%
State Income Tax, Net of Federal benefit			0				0	%
Current Year Change in Valuation Allowance			5,655,423				-17	%
Prior Deferred True-Ups			1,184,103				-4	%
Total Income Tax Expense			—				—

Schedule of Effective Income Tax Rate Reconciliation

Schedule of Effective Income Tax Rate Reconciliation
		Years ended December 31,
		2021				2020
Loss before income taxes		$	(893,222	)		$	(408,868	)
Statutory income tax rate			20	%			20	%
Income tax expense at statutory rate			(178,644	)			(81,774	)
Tax effect of allowance			178,644				81,774
Income tax expense		$	—			$	—

As of December 31, 2021, the operation in the Vietnam incurred $1,302,090 of cumulative net operating losses which can be carried forward to offset future taxable income. The net operating loss carryforwards begin to expire in 2026, if unutilized. The Company has provided for a full valuation allowance against the deferred tax assets of $260,418 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.

India

The Company’s subsidiary operating in India is subject to the India Income Tax at a standard income tax rate of 25% during its tax year. The reconciliation of income tax rate to the effective income tax rate for the years ended December 31, 2021 and 2020 is as follows:

		Years ended December 31,
		2021				2020
Income before income taxes		$	22,796			$	(32,387	)
Statutory income tax rate			25	%			25	%
Income tax expense at statutory rate			5,699				(8,152	)
Deferred income tax expenses			5,437				(180	)
Tax effect of allowance			(11,136	)			8,332
Income tax expense		$	—			$	—

Schedule of Deferred Tax Assets and Liabilities

Schedule of Deferred Tax Assets and Liabilities
		December 31, 2021				December 31, 2020
Deferred tax assets:
Software intangibles (U.S)		$	150,465			$	—
Deferred Stock Compensation (U.S.)			5,864,670				—
Net operating loss carryforwards
-  United States			1,875,143				2,171,941
-  Singapore			272,937				131,985
-  Vietnam			260,418				81,774
-  India			—				—
			8,423,632				2,385,700
Less: valuation allowance			(8,423,632	)			(2,385,700	)
Deferred tax assets, net		$	—			$	—

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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-Name Accounting Standards Codification
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-SubTopic 10
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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