Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Taxes [Abstract]

Schedule of Components of Income Tax Expenses

Significant components of the income tax expense consisted of the following for the years ended December 31,

	2023			2022			2021
Current income tax expense	$	356,970		$	428,915		$	138,246
Deferred income tax (benefit) expense		(88,403	)		(202,746	)		(2,832	)
Total	$	268,567		$	226,169		$	135,414

Schedule of Deferred Tax Assets

The tax effects of temporary difference that give rise to the deferred tax assets as of December 31, 2023 and 2022 are $105,845 and $238,228, respectively. Deferred tax assets consist of the following:

	As of December 31, 2023			As of December 31, 2022
Deferred tax assets:
Allowance for credit loss and doubtful accounts	$	105,845		$	238,228
Net operating loss carryforwards:
PRC		162,087			62,492
HONG KONG		75,729			74,305
		343,661			375,025
Less valuation allowance		(237,816	)		(136,797	)
Total deferred tax assets	$	105,845		$	238,228

Schedule of Reconciliation of Effective Income Tax Rate

Reconciliation of effective income tax rate is as follows for the years ended December 31:

	December 31, 2023			December 31, 2022			December 31, 2021
PRC statutory tax rate		25.0	%		25.0	%		25.0	%
Effect of tax rate differential		-57.9	%		-131.9	%		-13.3	%
Valuation allowance deferred tax		-21.0	%		-81.5	%		-27.2	%
Non-deductible items*		11.5	%		53.6	%		-1.4	%
Effective tax rate		42.4	%		134.8	%		-16.9	%

* Non-deductible items mainly arise from expenses not deductible for tax purposes primarily including professional fees in relation to capital market and late penalty fees.

Schedule of Taxes Payable

Taxes payable consisted of the following:

	December 31, 2023			December 31, 2022
VAT taxes payable (credit)	$	(209,380	)	$	626,548
Income taxes payable		2,385,897			1,635,351
Other taxes payable		23,334			112,361
Total	$	2,199,851		$	2,374,260