10-QT

SECURITIESANDEXCHANGECOMMISSION

Washington,D.C.20549
FORM10-Q

QUARTERLYREPORTPURSUANTTOSECTION13OR15(d)
OFTHESECURITIESEXCHANGEACTOF1934 

or

TRANSITIONREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934

Forthetransitionperiodfrom November 1, 2014
toDecember 31, 2014Commission File
Number333-193565

Greenpro Capital Corp.
(f.k.aGreenpro, Inc.)

(Exactnameofregistrantissuerasspecifiedinitscharter)

Nevada	98-1146821
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

Suite 2201, 22/F., Malaysia Building,

50 Gloucester Road, Wanchai, Hong Kong

(Address of principal executive offices, including zip code)

Registrant’sphonenumber,includingareacode(852)3111-7718

Indicatebycheckmarkwhethertheregistrant(1)hasfiledallreportsrequiredtobefiledbySection13or15(d)oftheSecuritiesExchangeActof1934duringthepreceding12months(orforsuchshorter period thattheregistrant was required to file suchreports),and (2)hasbeensubjecttosuchfilingrequirementsforthepast90days.

YESNO

IndicatebycheckmarkwhethertheregistranthassubmittedelectronicallyandpostedonitscorporateWebsite,ifany,everyInteractiveDataFilerequiredtobesubmittedandpostedpursuanttoRule405ofRegulationS-T(section232.405ofthischapter)duringtheprecedingtwelvemonths(orshorterperiodthattheregistrantwasrequiredtosubmitandpostsuchfiles).

YESNO

Indicatebycheckmarkwhethertheregistrantisalargeacceleratedfiler,anacceleratedfiler,anon-acceleratedfiler,orasmallerreportingcompany.Seethedefinitionsof"largeacceleratedfiler,""acceleratedfiler"and"smallerreportingcompany"inRule12b-2oftheExchangeAct.(Checkone):

                              LargeAcceleratedFilerAcceleratedFilerNon-acceleratedFilerSmallerreportingcompany 

Indicatebycheckmarkwhethertheregistrantisashellcompany(asdefinedinRule12b-2oftheExchangeAct).  Yes No

Indicatethenumberofsharesoutstandingofeachoftheissuer’sclassesofcommonstock,asofthelatestpracticabledate.

ClassOutstanding at July 27, 2015

                                 CommonStock,$.0001parvalue22,422,800

	TABLE OF CONTENTS
		Page
PARTI	FINANCIALINFORMATION
ITEM1.	FINANCIALSTATEMENTS:
	BalanceSheetsasofDecember31,2014(unaudited) and October 31, 2014	F-1
	Statementsof Operations for the Two Months Ended December31, 2014 and 2013(unaudited)	F-2
	Statements of Cash Flows for the Two Months Ended December 31, 2014 and 2013(unaudited)	F-3
	Statements of Changes In Stockholders’Equity For the Two Months Ended December 31, 2014 and 2013	F-4
	Notesto the FinancialStatements(unaudited)	F-5–F-11
ITEM2.	MANAGEMENT'SDISCUSSIONANDANALYSISOFFINANCIALCONDITIONANDRESULTSOFOPERATIONS	3
ITEM3.	QUANTITATIVEANDQUALITATIVEDISCLOSURESABOUTMARKETRISK	5
ITEM4.	CONTROLSANDPROCEDURES	5
PARTII	OTHERINFORMATION
ITEM1	LEGALPROCEEDINGS	6
ITEM2	UNREGISTEREDSALESOFEQUITYSECURITIESANDUSEOFPROCEEDS	6
ITEM3	DEFAULTSUPONSENIORSECURITIES	6
ITEM4	MINE SAFETY DISCLOSURES	6
ITEM5	OTHERINFORMATION	6
ITEM6	EXHIBITS	6
SIGNATURES		7

- 2 -

PART I - FINANCIAL INFORMATION

ITEM I — FINANCIAL STATEMENTS

GREENPRO CAPITAL CORP.
BALANCE SHEETS

AS OF DECEMBER 31, 2014 AND OCTOBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

	December 31, 2014			October 31, 2014
	(Unaudited)			(Audited)
ASSETS
Current assets:
Cash and cash equivalents	$	411,189		$	507,934
Prepayments and other receivables		50,025			48,738
Amount due from a related company		266,810			-
Total current assets		728,024			556,672
Non-current assets:
Plant and equipment, net		32,522			13,777
TOTAL ASSETS	$	760,546		$	570,449
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Loan from shareholders	$	240,000		$	-
Amount due to a director		1,172			-
Accrued liabilities and other payables		31,920			9,887
Total liabilities		273,092			9,887
Commitments and contingencies		-			-
Stockholders’ equity:
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no share issued and outstanding		-			-
Common stock, $0.0001 par value; 500,000,000 shares authorized; 22,422,800 shares issued and outstanding, as of December 31, 2014 and October 31, 2014		2,242			2,242
Additional paid-in capital		686,958			686,958
Accumulated deficit		(201,746	)		(128,638	)
Total stockholders’ equity		487,454			560,562
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	760,546		$	570,449

See accompanying notes to financial statements.

F-1

GREENPRO CAPITAL CORP.

STATEMENTS OF OPERATIONS

FOR THE TWOMONTHS ENDED DECEMBER 31, 2014 AND 2013

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

	Two months endedDecember 31,
	2014			2013
REVENUE	$	-		$	-
COST OF SERVICES		-			-
GROSS PROFIT		-			-
OPERATING EXPENSES:
General and administrative		(73,108	)		(3,590	)
LOSS FROM OPERATIONS		(73,108	)		(3,590	)
INCOME TAX EXPENSE		-			-
NET LOSS		(73,108	)		(3,590	)
Net loss per share – Basic and diluted		(0.00	)		(0.00	)
Weighted average common stock outstanding – Basic and diluted		22,422,800			10,000,000

See accompanying notes to financial statements.

F-2

GREENPRO CAPITAL CORP.

STATEMENTS OF CASH FLOWS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014 AND 2013

(Currency expressed in United States Dollars (“US$”))

(Unaudited)

	Two months endedDecember 31,
	2014			2013
Cash flows from operating activities:
Net loss	$	(73,108	)	$	(3,590)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of plant and equipment		467			-
Changes in operating assets and liabilities:
Prepayments and other receivables		(1,287	)		-
Amount due to a director		1,172			-
Accrued liabilities and other payables		22,033			-
Net cash used in operating activities		(50,723	)		(3,590)
Cash flows from investing activities:
Purchase of plant and equipment		(19,212	)		-
Net cash used in investing activities		(19,212	)		-
Cash flows from financing activities:
Advances to a related company		(266,810	)
Loan from shareholders		240,000			-
Net cash used in financing activities		(26,810	)		-
NET CHANGE IN CASH AND CASH EQUIVALENTS		(96,745	)		(3,590)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		507,934			61,205
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	411,189		$	57,615
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income tax	$	-		$	-
Cash paid for interest	$	-		$	-

See accompanying notes to financial statements.

F-3

 

GREENPRO CAPITAL CORP.

STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014 and 2013

(Currency expressed in United States Dollars (“US$”))

	COMMON STOCK				ADDITIONAL PAID-IN CAPITAL		ACCUMULATED DEFICIT	TOTAL EQUITY
	Number of shares	Amount
Balance as of October 31, 2014 (audited)	22,422,800	$	2,242	$	686,958	$	(128,638)	$	560,562
Net loss for the period	-		-		-		(73,108)		(73,108)
Balance as of December 31, 2014 (unaudited)	22,422,800	$	2,242	$	686,958	$	(201,746)	$	487,454
Balance as of October 31, 2013 (audited)	10,000,000	$	1,000	$	-	$	(22,295)	$	(21,295)
Net loss for the period	-		-		-		(3,590)		(3,590)
Balance as of December 31, 2013 (unaudited)	10,000,000	$	1,000	$	-	$	(25,885)	$	(24,885)

See accompanying notes to financial statements.

F-4

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

NOTE－1BASIS OF PRESENTATION

Greenpro Capital Corp. (the “Company” or “Greenpro”) has historically operated on a fiscal year ending October 31 of each year. On July 21, 2015, the Company announced that its Board of Directors approved a change in its fiscal year end from October 31 to December 31. The fiscal year end change will better align with the Company’s peer industry. The change is effective with the Company’s fiscal year 2015, which will beginJanuary 1, 2015 and will end December 31, 2015, and resulted in a two months transition period from November 1, 2014 to December 31, 2014. The accompanying unaudited financial statements for the two months transition period ended December 31, 2014 and for the two months comparative period ended December 31, 2013 have been prepared in accordance with the requirements for Form 10-Q and Article 10 of Regulation S-X, and accordingly, certain information and footnote disclosures have been condensed or omitted. See the Company’s Annual Report on Form 10-K as of and for the year ended October 31, 2014 as filed with the Securities and Exchange Commission (“SEC”) for additional disclosures including a summary of the Company’s accounting policies.

In the opinion of management, the financial statements contain all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial position, results of operations and cash flows of the Company for the periods presented. Since the Company’s operations are seasonal, the interim operating results of the Company may not be indicativeof operating results for the full year.

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”).

NOTE－2SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying financial statements and notes.

• Use of estimates

In preparing these financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the periods reported. Actual results may differ from these estimates.

• Cash and cash equivalents

Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.

F-5

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

• Plant and equipment

Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational:

	Expected useful life
Furniture and fixtures	5 years
Software	5 years

Expenditures for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of plant and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the statement of operations.

• Impairment of long-lived assets

Long-lived assets primarily include plant and equipment. In accordance with the provision of ASC Topic 360-10-5, “Impairment or Disposal of Long-Lived Assets”, the Company generally conducts its annual impairment evaluation to its long-lived assets, usually in the fourth quarter of each year, or more frequently if indicators of impairment exist, such as a significant sustained change in the business climate. The recoverability of long-lived assets is measured at the reporting unit level. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and carrying amount of the asset. There has been no impairment charge for the periods presented.

• Revenue recognition

The Company recognizes its revenue in accordance with ASC Topic 605, “Revenue Recognition”, upon the delivery of its products when: (1) delivery has occurred or services rendered; (2) persuasive evidence of an arrangement exists; (3) there are no continuing obligations to the customer; and (4) the collection of related accounts receivable is probable.

• Income taxes

Income taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.

F-6

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

For the two months ended December 31, 2014 and 2013, the Company did not have any interest and penalties associated with tax positions. As of December 31, 2014, the Company did not have any significant unrecognized uncertain tax positions.

• Foreign currencies translation

Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of operations.

The reporting and functional currency of the Company is the United States Dollars ("US$") and the accompanying financial statements have been expressed in US$.

• Related parties

Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

• Segment reporting

ASC Topic 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about geographical areas, business segments and major customers in financial statements. During the period ended December 31, 2014, the Company operates in one reportable operating segment in Hong Kong.

• Fair value of financial instruments

The carrying value of the Company’s financial instruments: cash and cash equivalents, prepayments and other receivables, loan from shareholders, accrued liabilities and other payables approximate at their fair values because of the short-term nature of these financial instruments.

The Company follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” ("ASC 820-10"), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

 Level 1 : Observable inputs such as quoted prices in active markets;

 Level 2 : Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and

 Level 3 : Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions

F-7

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

• Recent accounting pronouncements

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

FASB issues various Accounting Standards Updates relating to the treatment and recording of certain accounting transactions. On June 10, 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2014-10, Development Stage Entities (Topic 915) - Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, which eliminates the concept of a development stage entity (DSE) entirely from current accounting guidance. The Company has elected adoption of this standard, which eliminates the designation of DSEs and the requirement to disclose results of operations and cash flows since inception.

The Company reviewed all recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC and they did not or are not believed by management to have a material impact on the Company's present or future financial statements.

NOTE－3PLANT AND EQUIPMENT

	December 31, 2014			October 31, 2014
	(unaudited)			(audited)
Furniture and fixtures	$	14,011		$	14,011
Software		19,212			-
		33,223			14,011
Less: Accumulated depreciation		(701	)		(234	)
Total	$	32,522		$	13,777

Depreciation expense was $467 and $0 for the two months ended December 31, 2014 and 2013, respectively.

NOTE－4AMOUNT DUE FROM A RELATED COMPANY

As of December 31, 2014, escrow deposits of $266,810 had been paid to a related company controlled by a director of the Company for the purpose of business development, which is unsecured, bears no interest and is payable upon demand.

F-8

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

NOTE－5LOAN FROM SHAREHOLDERS

During the two months period ended December 31, 2014, our shareholders, Mr. Lertwattanarak Thanawat and Ms. Chuchottaworn Srirat advanced collectively $240,000 to the Company, which is unsecured, bears no interest and is payable upon demand, for the purpose of business development.

NOTE－6INCOME TAXES

At December 31, 2014, the Company has available net operating loss carry-forwards of $73,108 for financial statement and federal income tax purposes. These loss carry-forwards will expire in 2020 and thereafter. The Company's management has determined a valuation allowance is necessary to reduce any tax benefits because the available benefits are more likely than not to expire before they can be used.

Realization of deferred tax assets is dependent on generating sufficient taxable income prior to expiration of the loss carryovers. Although realization is not assured, management believes it is more likely than not that all of the deferred tax assets, net of applicable valuation allowances, will be realized. The amount of the deferred tax assets considered realizable could be reduced or increased if estimates of future taxable income change during the carryover period.

The Company's management determines if a valuation allowance is necessary to reduce any tax benefits when the available benefits are more likely than not to expire before they can be used. The tax based net operating losses create tax benefits in the amount of $25,588 as valuation allowance as of December 31, 2014.

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial statement purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax liabilities and assets as of December 31, 2014 are as follows:

Deferred tax assets:
Federal net operating loss	$	73,108
State net operating loss		-
Total deferred tax asset		25,588
Less: Valuation allowance		(25,588	)
		-

The reconciliation of the effective income tax rate to the federal statutory rate is as follows:

Federal income tax rate	35	%
State tax, net of federal benefit	0	%
Increase in valuation allowance	(35	)%
Effective income tax rate	0	%

F-9

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

NOTE－7STOCKHOLDERS’ EQUITY

As of December 31, 2014, there are 22,422,800 shares of common stock issued and outstanding.

There were no stock options, warrants or other potentially dilutive securities outstanding as of December 31, 2014.

NOTE－8NET LOSS PER SHARE

Basic net loss per share is computed using the weighted average number of common shares outstanding during the period. The dilutive effect of potential common shares outstanding is included in diluted net loss per share. The following table sets forth the computation of basic and diluted net loss per share for the two months ended December 31, 2014 and 2013:

	Two months ended December 31,
	2014			2013
Net loss attributable to common shareholders	$	(73,108	)	$	(3,590	)
Weighted average common shares outstanding		22,422,800			10,000,000
Basic net loss per share		(0.00	)		(0.00	)
Diluted net loss per share	$	(0.00	)	$	(0.00	)

NOTE－9RELATED PARTY TRANSACTIONS

During the two months period ended December 31, 2014, two shareholders of the Company advanced collectively $240,000 to the Company, which is unsecured, bears no interest and is payable upon demand, for the purpose of business development.

As of December 31, 2014, escrow deposits of $266,810 had been paid to a related company controlled by a director of the Company for the purpose of business development, which is unsecured, bears no interest and is payable upon demand.

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.

F-10

GREENPRO CAPITAL CORP.

NOTES TO FINANCIAL STATEMENTS

FOR THE TWO MONTHS ENDED DECEMBER 31, 2014

(Currency expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

NOTE－10COMMITMENTS AND CONTINGENCIES

The Company is committed under a non-cancelable operating lease for office premises with a term of 2 years expiring on August 31, 2016,with fixed monthly rentals of approximately $9,257. For the two months period ended December 31, 2014 and 2013, lease expense totaled up to $16,671 and $0, respectively.

As of December 31, 2014, the Company has the aggregate future minimum rental payments due under the non-cancelable operating lease in the next two years:

Year ended December 31,
2015	$	100,026
2016		66,684
	$	166,710

NOTE－11SUBSEQUENT EVENTS

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or transactions that occurred after December 31, 2014 up through the date the Company issued the unaudited financial statements with this Form 10-QT. There was no subsequent event that required recognition or disclosure.

F-11

ITEM2.MANAGEMENT’SDISCUSSIONANDANALYSISOFFINANCIALCONDITIONANDRESULTSOFOPERATIONS

Theinformationcontainedinthistransition report on Form10-Qisintendedtoupdatetheinformationcontainedinour Annual Report on Form 10-K for the year ended October31, 2014 andpresumesthatreadershaveaccess to, and will have read, the“Management’sDiscussionandAnalysisofFinancialConditionandResultsofOperations”andotherinformationcontainedin such Form 10-K.ThefollowingdiscussionandanalysisalsoshouldbereadtogetherwithourfinancialstatementsandthenotestothefinancialstatementsincludedelsewhereinthisForm10-Q.

We have historically operated on a fiscal year ending October 31 of each year. On July 21 2015, we announced that our Board of Directors approved a change in our fiscal year end from October 31 to December 31 of each year. The fiscal year end change will better align with the Company’s peer industry.The change is effective with the Company’s fiscal year 2015, which will begin January 1, 2015 and will end December 31, 2015, and resulted in a two months transition period from November1, 2014 to December 31, 2014. References in this discussion to our fiscal years prior to fiscal 2015 refer to the fiscal years ended on October31 in those years, unless otherwise indicated. For example, our “fiscal 2014” ended on October31, 2014. References to our fiscal 2015 refer to the fiscal year, or periods within such fiscal year, which began January 1, 2015 and will end December31, 2015. References to the transition period refer to the two months period from November 1, 2014 to December 31, 2014.

The following discussion containscertainstatementsthatmay be deemed“forward-lookingstatements” within the meaning of the Private Securities Litigation Reform Act of 1995.Suchstatementsappearinanumber ofplacesinthisReport,including,withoutlimitation,“Management’sDiscussionandAnalysisofFinancialConditionandResultsofOperations.”Thesestatementsarenotguaranteesoffutureperformanceandinvolverisks,uncertaintiesandrequirementsthataredifficulttopredictorarebeyondourcontrol.Forward-lookingstatementsspeakonlyasofthedateofthisquarterlyreport.Youshouldnotputunduerelianceonanyforward-lookingstatements.WestronglyencourageinvestorstocarefullyreadthefactorsdescribedinourProspectusdatedSeptember8, 2014 inthesectionentitled“RiskFactors”foradescriptionofcertainrisksthatcould,amongotherthings,causeactualresultstodifferfromtheseforward-lookingstatements.Weassumenoresponsibilitytoupdatetheforward-lookingstatementscontainedinthistransitionreportonForm10-Q.ThefollowingshouldalsobereadinconjunctionwiththeunauditedFinancialStatementsandnotestheretothatappearelsewhereinthisreport. 

CompanyOverview 

GreenproCapital Corp.,was incorporatedintheStateofNevadaonJuly19,2013,asafor-profitcompanywithafiscalyearendofDecember31 now.Ourbusinessandregisteredofficeislocatedat Suite 2201, 22/F., Malaysia Building 50 GloucesterRoad, Wanchai, HongKong.Ourwebsiteis at:http://www.greenprocapital.com.Information contained on our website is not part of this Transition Report on Form 10-Q or our other filings with the Securities and Exchange Commission (“SEC”). We continue to provide cloud system resolution, financial consulting services and corporate accounting services to small and mid-size businesses located in Asia, with an initial focus on Hong Kong and Malaysia.

Greenpro Capital Corp.intendstoprovidearangeofservicesasapackagesolution(the“PackageSolution”)toourclients.Itisourintentiontodevelopa“PackageSolution,”whichwillbuildacloudsolutionintotraditionalaccountingservices.ByusingaPackageSolution,webelievethatour clientscanreducetheirbusinesscostsandimprovetheirrevenues. 

ResultsofOperation

For the two months period ended December 31, 2014 compared with the two months period ended December 31, 2013.

Gross Revenues

The Company generated revenues of $Nil during the two months ended December 31, 2014 as compared to revenue of $Nil for the two months ended December 31, 2013. .

Operating Expenses

General and administrative expenses for the two months ended December 31, 2014 amounted to $73,108 as compared to $3,590 for the two months ended December 31, 2013. The increase in general and administrative expenses is due to the commencement of business operations since September 2014. The Company expects operating expenses to increase as more expenditure is incurred due to the growing of the business activities.

- 3 -

Net Loss

The net loss for the two months ended December 31, 2014 was $73,108 as compared to $3,590 for the two months ended December 31, 2013. The increase in net loss is due to the commencement and development of the business such as office rental and staff employment.

Sinceinception and throughJuly31, 2014,wehavesold10,000,000sharesofcommonstocktoourofficersanddirectorsfornetproceedsof $1,000.

On August 31, 2014 the Company issued 10,000,000 common shares at a conversion price of $0.00825 per share to our Chief Executive Officer, Lee Chong Kuang and our Chief Financial Officer, LokeChe Chan, Gilbert for conversion of two 8% Convertible Promissory Notes.

On September 23, 2014, the Company completed a public offering whereby it sold 2,000,000 common shares at $0.25 per share for total gross proceeds of $500,000; and the Company also completed a private placement where it totally issued 422,800 common shares at $0.25 per share to three investors for $105,700 pursuant to Regulation S promulgated under the Securities Act of 1933, as amended.

At December 31, 2014, there were 22,422,800 shares of common stock issued and outstanding.

As of the date of this transitionreport, the Company has sixemployees, including the Chief Executive Officer and Chief Financial Officer. 

Liquidity and Capital Resources 

AsofDecember 31, 2014 we had working capital surplus of $454,932 consisting of cash and cash equivalents of $411,189 as compared to working capital surplus of $546,785 and our cash of $507,934as of October31, 2014.

The Company’s net loss was $73,108 and $3,590 for the two months ended December 31, 2014 and 2013 respectively. Non-cash expenses totaled to $467 and $Nil for the two months ended December 31, 2014 and 2013 respectively, which composed primarily of depreciation expense. Net cash usedin operating activities for the two months ended December 31, 2014 was $50,723as compared to net cash used in operating activities of $3,590 for the two months ended December 31, 2013.

Net cash used in investing activities for the two months ended December 31, 2014 was $19,212 as compared to net cash used in investing activities of $Nil for the two months ended December 31, 2013. The cash used in investing activities were mainly for the purchases of office equipments and software development.

Net cash usedin financing activities of $26,810 for the period ended December 31, 2014 and December 31, 2013 was $Nil. The cash used in financing activities were mainly for the advances to arelated company.

As of December 31, 2014, the Company expects cash at bank of $411,189 to be able to maintain its basic operating requirements for approximately twelve months and to meet its current obligations.

The revenues generated from our current business operations alone may not be sufficient to fund our operations or planned growth. We will likely require additional capital to continue to operate our business, and to further expand our business. Sources of additional capital through various financing transactions or arrangements with third parties may include equity or debt financing, bank loans or revolving credit facilities. We may not be successful in locating suitable financing transactions in the time period required or at all, and we may not obtain the capital we require by other means. Our inability to raise additional funds when required may have a negative impact on our operations, business development and financial results. 

Off-balanceSheetArrangements 

Wehavenosignificantoff-balancesheetarrangementsthathaveorarereasonablylikelytohaveacurrentorfutureeffectonourfinancialcondition,changesinourfinancialcondition,revenuesorexpenses,resultsofoperations,liquidity,capitalexpendituresorcapitalresourcesthatarematerialtoourstockholders as of December 31, 2014.

- 4 -

Item3QuantitativeandQualitativeDisclosuresAboutMarketRisk. 

Asa "smaller reporting company" as definedby Item 10ofRegulation S-K, the Company is not required to provide information required by this Item. 

Item4ControlsandProcedures. 

EvaluationofDisclosureControlsandProcedures:Weconductedanevaluationunderthesupervisionandwiththeparticipationofourmanagement,includingourChiefExecutiveOfficerandChiefFinancialOfficer,oftheeffectivenessofthedesignandoperationofourdisclosurecontrolsandprocedures.Theterm"disclosurecontrolsandprocedures",asdefinedinRules13a-15(e)and15d-15(e)undertheSecuritiesandExchangeActof1934,asamended("ExchangeAct"),meanscontrolsandotherproceduresofacompanythataredesignedtoensurethatinformationrequiredtobedisclosedbythecompanyinthereportsitfilesorsubmitsundertheExchangeActisrecorded,processed,summarizedandreported,withinthetimeperiodsspecifiedintheSecuritiesandExchangeCommission'srulesandforms.Disclosurecontrolsandproceduresalsoinclude,withoutlimitation,controlsandproceduresdesignedtoensurethatinformationrequiredtobedisclosedbyacompanyinthereportsthatitfilesorsubmitsundertheExchangeActisaccumulatedandcommunicatedtothecompany'smanagement,includingitsprincipalexecutiveandprincipalfinancialofficers,orpersonsperformingsimilarfunctions,asappropriate,toallowtimelydecisionsregardingrequireddisclosure.Basedonthisevaluation,ourChiefExecutiveOfficerandChiefFinancialOfficerconcludedasofDecember31,2014,thatourdisclosurecontrolsandproceduresareeffectivetoareasonableassurancelevelofachievingsuchobjectives.However,itshouldbenotedthatthedesignofanysystemofcontrols isbasedinpartuponcertainassumptionsaboutthelikelihoodoffutureevents,andtherecanbenoassurancethatanydesignwillsucceedinachievingitsstatedgoalsunderallpotentialfutureconditions,regardlessofhowremote.

Management'sReportonInternalControlOverFinancialReporting:OurmanagementisresponsibleforestablishingandmaintainingadequateinternalcontroloverfinancialreportingasdefinedinRules13a-15(f)and15d-15(f)undertheExchangeAct.Ourinternalcontroloverfinancialreportingisdesignedtoprovidereasonableassuranceregardingthereliabilityoffinancialreportingandthepreparationoffinancialstatementsforexternalpurposesinaccordancewithgenerallyacceptedaccountingprinciples.TheinternalcontrolsfortheCompanyareprovidedbyexecutivemanagement'sreviewandapprovalofalltransactions.Ourinternalcontroloverfinancialreportingalsoincludesthosepoliciesandproceduresthat:

1.pertain to themaintenance of recordsthat in reasonable detail accurately and fairlyreflectthe transactions and dispositions of ourassets;

2.providereasonableassurancethattransactionsarerecordedasnecessarytopermitpreparationoffinancialstatementsinaccordancewithU.S.GAAP,andthatourreceiptsandexpendituresarebeingmadeonlyinaccordancewiththeauthorizationofourmanagement;and

3.providereasonableassuranceregardingpreventionortimelydetectionofunauthorizedacquisition,useordispositionofourassetsthatcouldhaveamaterialeffectonthefinancialstatements.

Becauseofitsinherentlimitations,internalcontroloverfinancialreportingmaynotpreventordetectmisstatements.Also,projectionsofanyevaluationofeffectivenesstofutureperiodsaresubjecttotheriskthatcontrolsmaybecomeinadequatebecauseofchangesinconditions,orthatthedegreeofcompliancewiththepoliciesorproceduresmaydeteriorate.

ManagementassessedtheeffectivenessoftheCompany'sinternalcontroloverfinancialreportingasofDecember31,2014.Inmakingthisassessment,managementusedthecriteriasetforthbytheCommitteeofSponsoringOrganizationsoftheTreadwayCommissioninInternalControl-IntegratedFramework.Management'sassessmentincludedanevaluationofthedesignofourinternalcontroloverfinancialreportingandtestingoftheoperationaleffectivenessofthesecontrols.

Basedonthisassessment,managementhasconcludedthatasof December31,2014,ourinternalcontroloverfinancialreportingwaseffectivetoprovidereasonableassuranceregardingthereliabilityoffinancialreportingandthepreparationoffinancialstatementsforexternalpurposesinaccordancewithU.S.generallyacceptedaccountingprinciples.

ThisquarterlyreportdoesnotincludeanattestationreportoftheCompany'sregisteredpublicaccountingfirmregardinginternalcontroloverfinancialreporting.Management'sreportwasnotsubjecttoattestationbytheCompany'sregisteredpublicaccountingfirmpursuanttotemporaryrulesoftheSecuritiesandExchangeCommissionthatpermittheCompanytoprovideonlymanagement'sreportinthisannualreport.

ChangesinInternalControloverFinancialReporting:Therewerenochangesinourinternalcontroloverfinancialreportingfrom November 1, 2014 to December31,2014,thathavemateriallyaffected,orarereasonablylikelytomateriallyaffect,ourinternalcontroloverfinancialreporting.

- 5 -

PARTII--OTHERINFORMATION

Item1.LegalProceedings.

Weknowofnomaterials,activeorpendinglegalproceedingsagainstus,norareweinvolvedasaplaintiffinanymaterialproceedingsorpendinglitigation.Therearenoproceedingsinwhichanyofourdirectors,officersoraffiliates,oranybeneficialshareholderareanadversepartyorhasamaterialinterestadversetous.

Item2.UnregisteredSalesofEquitySecuritiesandUseofProceeds.

None

TheabovereferencedissuancesoftheCompany’ssecuritieswerenotregisteredundertheSecuritiesActof1933,andwereliedonexemptionspursuanttoRegulationSpromulgatedundertheSecuritiesActof1933forsuchissuance.

Item3.DefaultsUponSeniorSecurities.

None.

Item4.MineSafetyDisclosures

Notapplicable.

Item5.OtherInformation.

None.

ITEM6.Exhibits

31.1	Rule13(a)-14(a)/15(d)-14(a)Certificationofprincipalexecutiveofficer
31.2	Rule13(a)-14(a)/15(d)-14(a)Certificationof principal financial officer
32.1	Section1350Certificationofprincipalexecutiveofficer
32.2	Section1350Certificationofprincipalfinancialofficer and principal accounting officer

- 6 -

SIGNATURES

PursuanttotherequirementsoftheSecuritiesExchangeActof1934,theregistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersigned,thereuntodulyauthorized.

	GREENPRO CAPITAL CORP.
	(Name of Registrant)
Date: July 27, 2015
	By:	/s/ Lee Chong Kuang
	Title:	Chief Executive Officer, President, Director (Principal Executive Officer)
Date: July 27, 2015
	By:	/s/ LOKE CHE CHAN, GILBERT
	Title:	Chief Financial Officer, Secretary, Treasurer, Director
		(Principal Financial Officer,
		Principal Accounting Officer)

- 7 -

EX-1

EXHIBIT31.1

CERTIFICATION

I,LEECHONGKUANG,certifythat:

1. IhavereviewedthistransitionreportonForm10-QofGreenpro Capital Corp.(the“Company”)forthetwo-monthendedDecember31,2014;

2. Basedonmyknowledge,thisquarterlyreportdoesnotcontainanyuntruestatementofamaterialfactoromittostateamaterialfactnecessarytomakethestatementsmade,inlightofthecircumstancesunderwhichsuchstatementsweremade,notmisleadingwithrespecttotheperiodcoveredbythisreport;

3. Basedonmyknowledge,thefinancialstatements,andotherfinancialinformationincludedinthisreport,fairlypresentinallmaterialrespectsthefinancialcondition,resultsofoperationsandcashflowsoftheregistrantasof,andfor,theperiodspresentedinthisreport; 

4. Theregistrant’sothercertifyingofficerandIareresponsibleforestablishingandmaintainingdisclosurecontrolsandprocedures(asdefinedinExchangeActRules13a-15(e)and15d-15(e))andinternalcontroloverfinancialreporting(asdefinedinExchangeActRules13a-15(f)and 15d-15(f)) for theregistrant andhave:  

a. Designedsuch disclosurecontrols and procedures, or causedsuchdisclosurecontrolsandprocedurestobedesignedunder oursupervision,toensurethatmaterial informationrelating totheregistrant,includingitsconsolidatedsubsidiaries,ismadeknowntous by otherswithinthoseentities,particularlyduringtheperiodinwhichthisreportisbeingprepared;   

b. Designedsuchinternalcontroloverfinancialreporting,orcausedsuchinternalcontroltobedesignedunderoursupervision,toprovidereasonableassuranceregardingthereliabilityoffinancialreportingandthepreparationoffinancialstatementsforexternalpurposesinaccordancewithgenerallyacceptedaccountingprinciples

c. Evaluatedtheeffectivenessoftheregistrant’sdisclosurecontrolsandproceduresandpresentedinthisreportourconclusionsabouttheeffectivenessofthedisclosurecontrolsandprocedures,asoftheendoftheperiodcoveredbythisreportbasedonsuchevaluation;and 

d. Disclosedinthisreportanychangeintheregistrant’sinternalcontroloverfinancialreportingthatoccurredduringtheregistrant’smostrecentfiscalquarter(theregistrant’sfourthfiscalquarterinthecaseofanannualreport)thathasmateriallyaffected,orisreasonablylikelytomateriallyaffect,theregistrant’sinternalcontroloverfinancialreporting;and  

5. Theregistrant’sothercertifyingofficerandIhavedisclosed,basedonourmostrecentevaluationofinternalcontroloverfinancialreporting,totheregistrant’sauditorsandtheauditcommitteeoftheregistrant’sboardofdirectors(orpersonsperformingtheequivalentfunctions):

a. Allsignificantdeficienciesandmaterialweaknessesinthedesignoroperationofinternalcontroloverfinancialreportingwhicharereasonablylikelytoadverselyaffecttheregistrant’sabilitytorecord,process,summarizeandreportfinancialinformation;and    

b. Anyfraud,whetherornotmaterial,thatinvolvesmanagementorotheremployeeswhohaveasignificantroleintheregistrant’sinternalcontroloverfinancialreporting.     

Date: July 27, 2015	By:	/s/ Lee Chong Kuang
		LEE CHONG KUANG
		Chief Executive Officer, President, Director
		(Principal Executive Officer)

EX-2

EXHIBIT31.2

CERTIFICATION

I,LOKECHECHAN,GILBERT,certifythat:

1. I havereviewedthistransitionreportonForm10-Q ofGreenpro Capital Corp.(the“Company”)forthetwo-month endedDecember31,2014;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statementsmade,inlightofthecircumstancesunderwhichsuchstatementsweremade,notmisleadingwithrespecttotheperiodcoveredbythisreport;

3. Based onmyknowledge, the financial statements, andotherfinancialinformationincluded inthisreport, fairlypresent inallmaterialrespectsthefinancialcondition,resultsofoperationsandcashflows of theregistrant asof,andfor,the periodspresentedinthis report;

4. Theregistrant’sothercertifyingofficerandIareresponsibleforestablishingandmaintainingdisclosurecontrolsandprocedures(asdefinedinExchangeActRules13a-15(e)and15d-15(e))andinternalcontroloverfinancialreporting(asdefinedinExchangeActRules13a-15(f)and15d-15(f))fortheregistrantandhave: 

a. Designedsuchdisclosurecontrolsandprocedures,orcausedsuchdisclosurecontrolsandprocedurestobedesignedunderoursupervision,toensurethatmaterialinformationrelatingtotheregistrant,includingitsconsolidatedsubsidiaries,ismadeknowntousbyotherswithinthoseentities,particularlyduringtheperiodinwhichthisreportisbeingprepared;     

b. Designedsuchinternalcontroloverfinancialreporting,orcausedsuchinternalcontroltobedesignedunderoursupervision,toprovidereasonableassuranceregardingthereliabilityoffinancialreportingandthepreparationoffinancialstatementsforexternalpurposesinaccordancewithgenerallyacceptedaccountingprinciples. 

c. Evaluatedtheeffectivenessoftheregistrant’sdisclosurecontrolsandproceduresandpresentedinthisreportourconclusionsabouttheeffectivenessofthedisclosurecontrolsandprocedures,asoftheendoftheperiod coveredby thisreportbased onsuchevaluation;and  

d. Disclosedinthisreportanychangeintheregistrant’sinternalcontroloverfinancialreportingthatoccurredduringtheregistrant’smostrecentfiscalquarter(theregistrant’sfourthfiscalquarterinthecaseofanannualreport)thathasmateriallyaffected,orisreasonablylikelytomateriallyaffect,theregistrant’sinternalcontroloverfinancialreporting;and  

5. Theregistrant’sothercertifyingofficerandIhavedisclosed,basedonourmostrecentevaluationofinternalcontroloverfinancialreporting,totheregistrant’sauditorsandtheauditcommitteeoftheregistrant’sboardofdirectors(orpersonsperformingtheequivalentfunctions):

a. Allsignificantdeficienciesandmaterialweaknessesinthedesignoroperationofinternalcontroloverfinancialreportingwhicharereasonablylikelytoadverselyaffecttheregistrant’sabilitytorecord,process,summarizeandreportfinancialinformation;and   

b. Anyfraud,whetherornotmaterial,thatinvolvesmanagementorotheremployeeswhohaveasignificantroleintheregistrant’sinternalcontroloverfinancialreporting.

Date: July 27, 2015	By:	/s/ LOKE CHE CHAN, GILBERT
		LOKE CHE CHAN, GILBERT
		Chief Financial Officer, Principal Accounting Officer, Treasurer
		(Principal Financial Officer,
		Principal Accounting Officer)

EX-3

EXHIBIT32.1

CERTIFICATIONPURSUANT
TO18U.S.C.SECTION1350,

ASADOPTEDPURSUANTTO

SECTION906OFTHESARBANES-OXLEYACTOF
2002

InconnectionwiththeTransitionReportofGreenpro Capital Corp.(the“Company”)onForm10-QTforthetransition periodfrom November 1, 2014 to December 31, 2014, asfiledwiththeSecuritiesandExchangeCommissiononthedatehereof(the“Report”),Theundersignedherebycertifies,pursuantto18U.S.C.§1350,asadoptedpursuantto§906oftheSarbanes-OxleyActof2002,that,tothebestofmyknowledgeandbelief:

(1)              TheReportfullycomplieswiththerequirementsofsection13(a)or15(d)oftheSecuritiesExchangeActof1934;and

(2)              The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

Date: July 27, 2015	/s/ Lee Chong Kuang
	By: LEE CHONG KUANG
	Chief Executive Officer, President Director

AsignedoriginalofthiswrittenstatementrequiredbySection906,orotherdocumentauthenticating,acknowledging,orotherwiseadoptingthesignaturethatappearsintypedformwithintheelectronicversionofthiswrittenstatementhasbeenprovidedtotheCompanyandwillberetainedbytheCompanyandfurnishedtotheSecuritiesandExchangeCommissionoritsstaffuponrequest.

EX-4

EXHIBIT32.2

CERTIFICATIONPURSUANT
TO18U.S.C.SECTION1350,

ASADOPTEDPURSUANTTO

SECTION906OFTHESARBANES-OXLEYACTOF
2002

InconnectionwiththeTransitionReportofGreenpro Capital Corp.(the“Company”)onForm10-QTforthetransition periodfrom November 1, 2014 to December 31, 2014, asfiledwiththeSecuritiesandExchangeCommissiononthedatehereof(the“Report”),Theundersignedherebycertifies,pursuantto18U.S.C.§1350,asadoptedpursuantto§906oftheSarbanes-OxleyActof2002,that,tothebestofmyknowledgeandbelief:

(1)              TheReportfullycomplieswiththerequirementsofsection13(a)or15(d)oftheSecuritiesExchangeActof1934;and

(2)              The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

Date: July 27, 2015	/s/ LOKE CHE CHAN, GILBERT
	By: LOKE CHE CHAN, GILBERT
	Chief Financial Officer, Secretary, Treasurer, Director
	(Principal Financial Officer,
	Principal Accounting Officer)

AsignedoriginalofthiswrittenstatementrequiredbySection906,orotherdocumentauthenticating,acknowledging,orotherwiseadoptingthesignaturethatappearsintypedformwithintheelectronicversionofthiswrittenstatementhasbeenprovidedtotheCompanyandwillberetainedbytheCompanyandfurnishedtotheSecuritiesandExchangeCommissionoritsstaffuponrequest.

XML

RELATED PARTY TRANSACTIONS (Details)	2 Months Ended
	Dec. 31, 2014 USD ($) item	Dec. 31, 2013 USD ($)	Oct. 31, 2014 USD ($)
RELATED PARTY TRANSACTIONS [Abstract]
Number of shareholders whose advance received | item	2
Proceeds from shareholders	$ 240,000
Amount due from related party	$ 266,810

XML

PLANT AND EQUIPMENT (Details) - USD ($)	2 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Oct. 31, 2014
Plant and equipment [Line Items]
Plant and equipment, Gross	$ 33,223		$ 14,011
Less: Accumulated depreciation	(701)		(234)
Plant and equipment, Net	32,522		13,777
Depreciation of plant and equipment	467
Furniture and fixtures [Member]
Plant and equipment [Line Items]
Plant and equipment, Gross	14,011		$ 14,011
Software [Member]
Plant and equipment [Line Items]
Plant and equipment, Gross	$ 19,212

XML

PLANT AND EQUIPMENT

2 Months Ended

Dec. 31, 2014

PLANT AND EQUIPMENT [Abstract]

PLANT AND EQUIPMENT

NOTE－3PLANT AND EQUIPMENT

	December 31, 2014			October 31, 2014
	(unaudited)			(audited)
Furniture and fixtures	$	14,011		$	14,011
Software		19,212			-
		33,223			14,011
Less: Accumulated depreciation		(701	)		(234	)
Total	$	32,522		$	13,777

Depreciation expense was $467 and $0 for the two months ended December 31, 2014 and 2013, respectively.

XML

INCOME TAXES (Schedule of Deferred Tax Assets) (Details)	Dec. 31, 2014 USD ($)
Deferred tax assets:
Federal net operating loss	$ 73,108
State net operating loss
Deferred tax asset, Total	$ 25,588
Less: valuation allowance	$ (25,588)
Deferred tax asset, Net

XML

INCOME TAXES (Narrative) (Details) - Dec. 31, 2014 - USD ($)	Total
Income Taxes (Textual)
Operating loss carryforwards	$ 73,108
Operating loss carryforwards expiration date	Dec. 31, 2020
Net operating loss carryforwards	$ 25,588

XML

INCOME TAXES (Schedule of Reconciliation of Effective Income Tax Rate to Federal Statutory Rate) (Details)	2 Months Ended
	Dec. 31, 2014
Reconciliation of effective income tax rate to federal statutory rate
Federal income tax rate (as a percent)	35.00%
State tax, net of federal benefit (as a percent)	0.00%
Increase in valuation allowance (as a percent)	(35.00%)
Effective income tax rate (as a percent)	0.00%

XML

STOCKHOLDERS' EQUITY (Details) - shares	Dec. 31, 2014	Oct. 31, 2014
STOCKHOLDERS' EQUITY [Abstract]
Common stock, shares issued	22,422,800	22,422,800
Common stock, shares outstanding	22,422,800	22,422,800
Stock options, warrants or other potentially dilutive securities outstanding	0

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE－2SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying financial statements and notes.

• Use of estimates

In preparing these financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the periods reported. Actual results may differ from these estimates.

• Cash and cash equivalents

Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.

• Plant and equipment

Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational:

	Expected useful life
Furniture and fixtures	5 years
Software	5 years

Expenditures for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of plant and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the statement of operations.

• Impairment of long-lived assets

Long-lived assets primarily include plant and equipment. In accordance with the provision of ASC Topic 360-10-5, “Impairment or Disposal of Long-Lived Assets”, the Company generally conducts its annual impairment evaluation to its long-lived assets, usually in the fourth quarter of each year, or more frequently if indicators of impairment exist, such as a significant sustained change in the business climate. The recoverability of long-lived assets is measured at the reporting unit level. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and carrying amount of the asset. There has been no impairment charge for the periods presented.

• Revenue recognition

The Company recognizes its revenue in accordance with ASC Topic 605, “Revenue Recognition”, upon the delivery of its products when: (1) delivery has occurred or services rendered; (2) persuasive evidence of an arrangement exists; (3) there are no continuing obligations to the customer; and (4) the collection of related accounts receivable is probable.

• Income taxes

Income taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.

For the two months ended December 31, 2014 and 2013, the Company did not have any interest and penalties associated with tax positions. As of December 31, 2014, the Company did not have any significant unrecognized uncertain tax positions.

• Foreign currencies translation

Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of operations.

The reporting and functional currency of the Company is the United States Dollars ("US$") and the accompanying financial statements have been expressed in US$.

• Related parties

Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

• Segment reporting

ASC Topic 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company's internal organization structure as well as information about geographical areas, business segments and major customers in financial statements. During the period ended December 31, 2014, the Company operates in one reportable operating segment in Hong Kong.

• Fair value of financial instruments

The carrying value of the Company's financial instruments: cash and cash equivalents, prepayments and other receivables, loan from shareholders, accrued liabilities and other payables approximate at their fair values because of the short-term nature of these financial instruments.

The Company follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” ("ASC 820-10"), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

 Level 1 : Observable inputs such as quoted prices in active markets;

 Level 2 : Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and

 Level 3 : Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions

• Recent accounting pronouncements

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

FASB issues various Accounting Standards Updates relating to the treatment and recording of certain accounting transactions. On June 10, 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2014-10, Development Stage Entities (Topic 915) - Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, which eliminates the concept of a development stage entity (DSE) entirely from current accounting guidance. The Company has elected adoption of this standard, which eliminates the designation of DSEs and the requirement to disclose results of operations and cash flows since inception.

The Company reviewed all recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC and they did not or are not believed by management to have a material impact on the Company's present or future financial statements.

XML

NET LOSS PER SHARE (Details) - USD ($)	2 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
NET LOSS PER SHARE [Abstract]
Net loss attributable to common shareholders	$ (73,108)	$ (3,590)
Weighted average common shares outstanding	22,422,800	10,000,000
Basic net loss per share (in dollars per share)	$ 0.00	$ 0.00
Diluted net loss per share (in dollars per share)	$ 0.00	$ 0.00

XML

BALANCE SHEETS - USD ($)	Dec. 31, 2014	Oct. 31, 2014
Current assets:
Cash and cash equivalents	$ 411,189	$ 507,934
Prepayments and other receivables	50,025	$ 48,738
Amount due from a related company	266,810
Total current assets	728,024	$ 556,672
Non-current assets:
Plant and equipment, net	32,522	13,777
TOTAL ASSETS	760,546	$ 570,449
Current liabilities:
Loan from shareholders	240,000
Amount due to a director	1,172
Accrued liabilities and other payables	31,920	$ 9,887
Total liabilities	$ 273,092	$ 9,887
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; no share issued and outstanding
Common stock, $0.0001 par value; 500,000,000 shares authorized; 22,422,800 shares issued and outstanding, as of December 31, 2014 and October 31, 2014	$ 2,242	$ 2,242
Additional paid-in capital	686,958	686,958
Accumulated deficit	(201,746)	(128,638)
Total stockholders' equity	487,454	560,562
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 760,546	$ 570,449

XML

STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Total	COMMON STOCK [Member]	ADDITIONAL PAID-IN CAPITAL [Member]	ACCUMULATED DEFICIT [Member]
Beginning balance at Oct. 31, 2013	$ (21,295)	$ 1,000		$ (22,295)
Beginning balance, shares at Oct. 31, 2013		10,000,000
Statements of Shareholders' Equity
Net loss for the period	(3,590)			(3,590)
Ending balance at Dec. 31, 2013	(24,885)	$ 1,000		(25,885)
Ending balance, shares at Dec. 31, 2013		10,000,000
Beginning balance at Oct. 31, 2014	560,562	$ 2,242	$ 686,958	(128,638)
Beginning balance, shares at Oct. 31, 2014		22,422,800
Statements of Shareholders' Equity
Net loss for the period	(73,108)			(73,108)
Ending balance at Dec. 31, 2014	$ 487,454	$ 2,242	$ 686,958	$ (201,746)
Ending balance, shares at Dec. 31, 2014		22,422,800

XML

NET LOSS PER SHARE (Tables)

2 Months Ended

Dec. 31, 2014

NET LOSS PER SHARE [Abstract]

Schedule of computation of basic and diluted net loss per share

	Two months ended December 31,
	2014			2013
Net loss attributable to common shareholders	$	(73,108	)	$	(3,590	)
Weighted average common shares outstanding		22,422,800			10,000,000
Basic net loss per share		(0.00	)		(0.00	)
Diluted net loss per share	$	(0.00	)	$	(0.00	)

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	2 Months Ended
	Dec. 31, 2014
Furniture and fixtures [Member]
Plant and equipment [Line Items]
Expected useful life	5 years
Software [Member]
Plant and equipment [Line Items]
Expected useful life	5 years

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BASIS OF PRESENTATION

2 Months Ended

Dec. 31, 2014

BASIS OF PRESENTATION [Abstract]

BASIS OF PRESENTATION

NOTE－1BASIS OF PRESENTATION

Greenpro Capital Corp. (the “Company” or “Greenpro”) has historically operated on a fiscal year ending October 31 of each year. On July 21, 2015, the Company announced that its Board of Directors approved a change in its fiscal year end from October 31 to December 31. The fiscal year end change will better align with the Company's peer industry. The change is effective with the Company's fiscal year 2015, which will beginJanuary 1, 2015 and will end December 31, 2015, and resulted in a two months transition period from November 1, 2014 to December 31, 2014. The accompanying unaudited financial statements for the two months transition period ended December 31, 2014 and for the two months comparative period ended December 31, 2013 have been prepared in accordance with the requirements for Form 10-Q and Article 10 of Regulation S-X, and accordingly, certain information and footnote disclosures have been condensed or omitted. See the Company's Annual Report on Form 10-K as of and for the year ended October 31, 2014 as filed with the Securities and Exchange Commission (“SEC”) for additional disclosures including a summary of the Company's accounting policies.

In the opinion of management, the financial statements contain all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial position, results of operations and cash flows of the Company for the periods presented. Since the Company's operations are seasonal, the interim operating results of the Company may not be indicativeof operating results for the full year.

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”).

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BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2014	Oct. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	22,422,800	22,422,800
Common stock, shares outstanding	22,422,800	22,422,800

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SUBSEQUENT EVENTS

2 Months Ended

Dec. 31, 2014

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

NOTE－11SUBSEQUENT EVENTS

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or transactions that occurred after December 31, 2014 up through the date the Company issued the unaudited financial statements with this Form 10-QT. There was no subsequent event that required recognition or disclosure.

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Document and Entity Information - shares	2 Months Ended
	Dec. 31, 2014	Jul. 27, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Greenpro Capital Corp.
Entity Central Index Key	0001597846
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-QT
Document Period End Date	Dec. 31, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q4
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		22,422,800

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

2 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Use of estimates

• Use of estimates

In preparing these financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the periods reported. Actual results may differ from these estimates.

Cash and cash equivalents

• Cash and cash equivalents

Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.

Plant and equipment

• Plant and equipment

Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational:

	Expected useful life
Furniture and fixtures	5 years
Software	5 years

Expenditures for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of plant and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the statement of operations.

Impairment of long-lived assets

• Impairment of long-lived assets

Long-lived assets primarily include plant and equipment. In accordance with the provision of ASC Topic 360-10-5, “Impairment or Disposal of Long-Lived Assets”, the Company generally conducts its annual impairment evaluation to its long-lived assets, usually in the fourth quarter of each year, or more frequently if indicators of impairment exist, such as a significant sustained change in the business climate. The recoverability of long-lived assets is measured at the reporting unit level. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and carrying amount of the asset. There has been no impairment charge for the periods presented.

Revenue recognition

• Revenue recognition

The Company recognizes its revenue in accordance with ASC Topic 605, “Revenue Recognition”, upon the delivery of its products when: (1) delivery has occurred or services rendered; (2) persuasive evidence of an arrangement exists; (3) there are no continuing obligations to the customer; and (4) the collection of related accounts receivable is probable.

Income taxes

• Income taxes

Income taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.

For the two months ended December 31, 2014 and 2013, the Company did not have any interest and penalties associated with tax positions. As of December 31, 2014, the Company did not have any significant unrecognized uncertain tax positions.

Foreign currencies translation

• Foreign currencies translation

Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of operations.

The reporting and functional currency of the Company is the United States Dollars ("US$") and the accompanying financial statements have been expressed in US$.

Related parties

• Related parties

Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

Segment reporting

• Segment reporting

ASC Topic 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company's internal organization structure as well as information about geographical areas, business segments and major customers in financial statements. During the period ended December 31, 2014, the Company operates in one reportable operating segment in Hong Kong.

Fair value of financial instruments

• Fair value of financial instruments

The carrying value of the Company's financial instruments: cash and cash equivalents, prepayments and other receivables, loan from shareholders, accrued liabilities and other payables approximate at their fair values because of the short-term nature of these financial instruments.

The Company follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” ("ASC 820-10"), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

 Level 1 : Observable inputs such as quoted prices in active markets;

 Level 2 : Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and

 Level 3 : Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions

Recent accounting pronouncements

• Recent accounting pronouncements

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

FASB issues various Accounting Standards Updates relating to the treatment and recording of certain accounting transactions. On June 10, 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2014-10, Development Stage Entities (Topic 915) - Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, which eliminates the concept of a development stage entity (DSE) entirely from current accounting guidance. The Company has elected adoption of this standard, which eliminates the designation of DSEs and the requirement to disclose results of operations and cash flows since inception.

The Company reviewed all recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC and they did not or are not believed by management to have a material impact on the Company's present or future financial statements.

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STATEMENTS OF OPERATIONS - USD ($)	2 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
REVENUE
COST OF SERVICES
GROSS PROFIT
OPERATING EXPENSES:
General and administrative	$ (73,108)	$ (3,590)
LOSS FROM OPERATIONS	$ (73,108)	$ (3,590)
INCOME TAX EXPENSE
NET LOSS	$ (73,108)	$ (3,590)
Net loss per share - Basic and diluted	$ 0.00	$ 0.00
Weighted average common stock outstanding - Basic and diluted	22,422,800	10,000,000

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INCOME TAXES

2 Months Ended

Dec. 31, 2014

INCOME TAXES [Abstract]

INCOME TAXES

NOTE－6INCOME TAXES

At December 31, 2014, the Company has available net operating loss carry-forwards of $73,108 for financial statement and federal income tax purposes. These loss carry-forwards will expire in 2020 and thereafter. The Company's management has determined a valuation allowance is necessary to reduce any tax benefits because the available benefits are more likely than not to expire before they can be used.

Realization of deferred tax assets is dependent on generating sufficient taxable income prior to expiration of the loss carryovers. Although realization is not assured, management believes it is more likely than not that all of the deferred tax assets, net of applicable valuation allowances, will be realized. The amount of the deferred tax assets considered realizable could be reduced or increased if estimates of future taxable income change during the carryover period.

The Company's management determines if a valuation allowance is necessary to reduce any tax benefits when the available benefits are more likely than not to expire before they can be used. The tax based net operating losses create tax benefits in the amount of $25,588 as valuation allowance as of December 31, 2014.

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial statement purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax liabilities and assets as of December 31, 2014 are as follows:

Deferred tax assets:
Federal net operating loss	$	73,108
State net operating loss		-
Total deferred tax asset		25,588
Less: Valuation allowance		(25,588	)
		-

The reconciliation of the effective income tax rate to the federal statutory rate is as follows:

Federal income tax rate	35	%
State tax, net of federal benefit	0	%
Increase in valuation allowance	(35	)%
Effective income tax rate	0	%

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LOAN FROM SHAREHOLDERS

2 Months Ended

Dec. 31, 2014

LOAN FROM SHAREHOLDERS [Abstract]

LOAN FROM SHAREHOLDERS

NOTE－5LOAN FROM SHAREHOLDERS

During the two months period ended December 31, 2014, our shareholders, Mr. Lertwattanarak Thanawat and Ms. Chuchottaworn Srirat advanced collectively $240,000 to the Company, which is unsecured, bears no interest and is payable upon demand, for the purpose of business development.

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COMMITMENTS AND CONTINGENCIES (Tables)

2 Months Ended

Dec. 31, 2014

COMMITMENTS AND CONTINGENCIES [Abstract]

Schedule of future minimum rental payments due under the non-cancelable operating lease

Year ended December 31,
2015	$	100,026
2016		66,684
	$	166,710

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

2 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of expected useful lives

	Expected useful life
Furniture and fixtures	5 years
Software	5 years

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RELATED PARTY TRANSACTIONS

2 Months Ended

Dec. 31, 2014

RELATED PARTY TRANSACTIONS [Abstract]

RELATED PARTY TRANSACTIONS

NOTE－9RELATED PARTY TRANSACTIONS

During the two months period ended December 31, 2014, two shareholders of the Company advanced collectively $240,000 to the Company, which is unsecured, bears no interest and is payable upon demand, for the purpose of business development.

As of December 31, 2014, escrow deposits of $266,810 had been paid to a related company controlled by a director of the Company for the purpose of business development, which is unsecured, bears no interest and is payable upon demand.

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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STOCKHOLDERS' EQUITY

2 Months Ended

Dec. 31, 2014

STOCKHOLDERS' EQUITY [Abstract]

STOCKHOLDERS' EQUITY

NOTE－7STOCKHOLDERS' EQUITY

As of December 31, 2014, there are 22,422,800 shares of common stock issued and outstanding.

There were no stock options, warrants or other potentially dilutive securities outstanding as of December 31, 2014.

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NET LOSS PER SHARE

2 Months Ended

Dec. 31, 2014

NET LOSS PER SHARE [Abstract]

NET LOSS PER SHARE

NOTE－8NET LOSS PER SHARE

Basic net loss per share is computed using the weighted average number of common shares outstanding during the period. The dilutive effect of potential common shares outstanding is included in diluted net loss per share. The following table sets forth the computation of basic and diluted net loss per share for the two months ended December 31, 2014 and 2013:

	Two months ended December 31,
	2014			2013
Net loss attributable to common shareholders	$	(73,108	)	$	(3,590	)
Weighted average common shares outstanding		22,422,800			10,000,000
Basic net loss per share		(0.00	)		(0.00	)
Diluted net loss per share	$	(0.00	)	$	(0.00	)

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COMMITMENTS AND CONTINGENCIES

2 Months Ended

Dec. 31, 2014

COMMITMENTS AND CONTINGENCIES [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE－10COMMITMENTS AND CONTINGENCIES

The Company is committed under a non-cancelable operating lease for office premises with a term of 2 years expiring on August 31, 2016,with fixed monthly rentals of approximately $9,257. For the two months period ended December 31, 2014 and 2013, lease expense totaled up to $16,671 and $0, respectively.

As of December 31, 2014, the Company has the aggregate future minimum rental payments due under the non-cancelable operating lease in the next two years:

Year ended December 31,
2015	$	100,026
2016		66,684
	$	166,710

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COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	2 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
COMMITMENTS AND CONTINGENCIES [Abstract]
Lease term	2 years
Fixed monthly rentals expense	$ 9,257
Maximum lease expense	16,671	$ 0
Future minimum rental payments due under non-cancelable operating lease
2015	100,026
2016	66,684
Total	$ 166,710

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INCOME TAXES (Tables)

2 Months Ended

Dec. 31, 2014

INCOME TAXES [Abstract]

Schedule of deferred tax assets

Deferred tax assets:
Federal net operating loss	$	73,108
State net operating loss		-
Total deferred tax asset		25,588
Less: Valuation allowance		(25,588	)
		-

Schedule of reconciliation of effective income tax rate to federal statutory rate

Federal income tax rate	35	%
State tax, net of federal benefit	0	%
Increase in valuation allowance	(35	)%
Effective income tax rate	0	%

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AMOUNT DUE FROM A RELATED COMPANY (Details) - USD ($)	Dec. 31, 2014	Oct. 31, 2014
AMOUNT DUE FROM A RELATED COMPANY [Abstract]
Amount due from related party	$ 266,810

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STATEMENTS OF CASH FLOWS - USD ($)	2 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net loss	$ (73,108)	$ (3,590)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of plant and equipment	467
Changes in operating assets and liabilities:
Prepayments and other receivables	(1,287)
Amount due to a director	1,172
Accrued liabilities and other payables	22,033
Net cash used in operating activities	(50,723)	$ (3,590)
Cash flows from investing activities:
Purchase of plant and equipment	(19,212)
Net cash used in investing activities	(19,212)
Cash flows from financing activities:
Advances to a related company	(266,810)
Loan from shareholders	240,000
Net cash used in financing activities	(26,810)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(96,745)	$ (3,590)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	507,934	61,205
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 411,189	$ 57,615
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income tax
Cash paid for interest

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AMOUNT DUE FROM A RELATED COMPANY

2 Months Ended

Dec. 31, 2014

AMOUNT DUE FROM A RELATED COMPANY [Abstract]

AMOUNT DUE FROM A RELATED COMPANY

NOTE－4AMOUNT DUE FROM A RELATED COMPANY

As of December 31, 2014, escrow deposits of $266,810 had been paid to a related company controlled by a director of the Company for the purpose of business development, which is unsecured, bears no interest and is payable upon demand.

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LOAN FROM SHAREHOLDERS (Details) - USD ($)	Dec. 31, 2014	Oct. 31, 2014
LOAN FROM SHAREHOLDERS [Abstract]
Loan from shareholders	$ 240,000

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PLANT AND EQUIPMENT (Tables)

2 Months Ended

Dec. 31, 2014

PLANT AND EQUIPMENT [Abstract]

Schedule of plant and equipment

	December 31, 2014			October 31, 2014
	(unaudited)			(audited)
Furniture and fixtures	$	14,011		$	14,011
Software		19,212			-
		33,223			14,011
Less: Accumulated depreciation		(701	)		(234	)
Total	$	32,522		$	13,777