v3.26.1
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2026
Income Taxes [Abstract]  
Schedule of Loss Before Income Taxes

The loss before income taxes of the Company for the three months ended March 31, 2026 and 2025 were comprised of the following:

 

   For the three months ended
March 31,
 
   2026   2025 
Tax jurisdictions from:        
- Local  $(99,449)  $(112,735)
- Foreign, representing:          
Hong Kong   (227)   (4,121)
British Virgin Islands (non-taxable jurisdiction)   
-
    (1,050)
Labuan, Malaysia (non-taxable jurisdiction)   (1,097)   576 
Malaysia   (64,385)   (372,133)
Loss before income taxes  $(165,158)  $(489,463)
Schedule of Provision for Income Taxes

Provision for income taxes consisted of the following:

 

   For the three months ended
March 31
 
   2026   2025 
Current:        
- Local  $
-
   $
-
 
- Foreign  $
          -
   $
                   -
 
           
Deferred tax assets:          
- Local  $
-
   $
-
 
- Foreign  $
-
   $326 
           
Deferred tax liabilities:          
- Local  $
-
   $
-
 
- Foreign  $8,230   $5,029 
           
Income tax payable:          
- Local  $
-
   $
-
 
- Foreign  $50,106   $3,357 
           
Tax assets:          
- Local  $
-
   $
-
 
- Foreign  $106,172   $295,036 
Schedule of Reconciliation of Income Taxes Expenses

The following table summarizes a reconciliation of the Company’s income taxes expenses:

 

   For the three months ended March 31, 
   2026   2025 
   Amount   Percentage   Amount   Percentage 
Computed expected expenses and federal income tax rate  $(34,683)   (21.00)%  $(102,787)   (21.00)%
Effect of foreign tax rate difference   (1,673)   (1.01)%   (10,539)   (2.15)%
Changes in valuation allowances   80,322    48.63%   113,326    23.15%
Others   (43,966)   (26.62)%   
-
    
-
%
Total income tax expense and effective tax rate  $
-
    
-
%  $
-
    
-
%
Schedule of Deferred Tax Assets

The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of March 31, 2026 and 2025:

  

  

As of

March 31,

2026

  

As of

March 31,

2025

 
Deferred tax assets:        
         
Net operating losses carry forwards        
- United States of America  $297,832   $219,697 
- Hong Kong   14,403    10,799 
- British Virgin Islands   
-
    
-
 
- Labuan, Malaysia   
-
    
-
 
- Malaysia   97,751    181,678 
Total deferred tax assets  $409,986   $412,174 
Less: valuation allowance   (409,986)   (412,174)
Deferred tax assets, net of valuation allowance  $
-
   $
-