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Provision for Income Taxes (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Provision for Income Taxes [Abstract]

Schedule of the Provisions for Income Taxes

Significant components of the provisions for income taxes for the six months ended June 30, 2024, and 2023 were as follows:

		June 30,
		2024				2023
Current tax provision Kyrgyzstan		$	—			$	83,727
Current tax provision Cambodia			—				—
Late penalty provision Kyrgyzstan			—				—
Total provision for income taxes		$	—			$	83,727

Significant components of the provisions for income taxes for the year ended December 31, 2023, and 2022 were as follows:

		December 31,
		2023				2022
Current tax provision Kyrgyzstan			—				196,116
Current tax provision Cambodia			—				11,323
Late penalty provision Kyrgyzstan			—				702
Total provision for income taxes		$	—			$	208,141

Schedule of Income Taxes

		June 30,
		2024				2023
Income/(loss) before taxes		$	(387,781	)		$	(295,060	)
Tax expenses/(credit) at the effective tax rates			(69,180	)			(114,645	)
Tax effect on non-taxable income			(509	)			—
Tax effect on non-deductible expenses			42,924				206,496
Tax effect on utilization of tax losses			26,765				(8,124	)
Income taxes		$	—			$	83,727

		December 31,
		2023				2022				2021
Income before taxes		$	108,418			$	343,988			$	156,184
Tax expenses (credit) at the effective tax rates			10,732				(124,591	)			36,755
Tax effect on non-taxable income			(39,173	)			—				—
Tax effect on non-deductible expenses			—				369,101				114,656
Tax effect on late penalty provision			—				—				145,295
Change in valuation allowance			28,441				—				—
Tax effect on utilization of tax losses			—				(36,369	)			(1,990	)
Income taxes		$	—				208,141			$	294,716

Schedule of Components of Deferred Tax Assets

Significant components of deferred tax assets, net were as follows:

		June 30, 2024				December 31, 2023
		USD				USD
Deferred tax assets:
– Net operating loss carry forward			28,441				28,441
Less: valuation allowance			(28,441	)			(28,441	)
Deferred tax assets, net			—				—

Significant components of deferred tax assets, net were as follows:

		December 31, 2023				December 31, 2022
		USD				USD
Deferred tax assets:
– Net operating loss carry forward			28,441				—
Less: valuation allowance			(28,441	)			—
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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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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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Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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