INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2020

INCOME TAXES

Schedule of provision for income tax

	Nine months ended September 30,
	2020			2019
Current tax	$	25,129		$	-
Deferred tax		(3,455	)		6,204
Income tax expense	$	21,674		$	6,204

Schedule of income tax rate

	Nine months ended September 30,
	2020			2019
Income before income taxes	$	306,179		$	45,629
Statutory income tax rate		16.5	%		16.5	%
Income tax expense at statutory rate		50,519			7,529
Tax effect of non-deductible items		956			105
Tax effect of tax holiday		(26,346	)		(7,634	)
Income tax expense	$	25,129		$	-

Schedule of Deferred Tax Liabilities

	As of
	September 30,			December 31,
	2020			2019
Deferred tax liabilities:
Accelerated depreciation	$	(3,455	)	$	5,933