Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 4 –  PROPERTY AND EQUIPMENT

At December 31, 2021 and 2020, property and equipment consisted of the following:

	Useful life	December 31, 2021			December 31, 2020
Office equipment	5 years	$	25,717		$	25,872
Motor vehicle	5 years		120,049			72,382
Yachts	5 years		587,845			591,404
			733,611			689,658
Less: accumulated depreciation			(337,786	)		(202,322	)
		$	395,825		$	487,336

Depreciation expense for the years ended December 31, 2021 and 2020 amounted to $135,561 and $134,691.