Income Tax - Schedule of Reconciles Statutory Rate to Effective Tax Rate (Details) |
12 Months Ended | ||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Schedule of Reconciles Statutory Rate to Effective Tax Rate [Abstract] | |||
Hong Kong statutory income tax rate | 16.50% | 16.50% | 16.50% |
– Non-taxable income | 0.26% | (0.30%) | (3.96%) |
– Non-deductible expenses | (17.90%) | 7.31% | 9.41% |
– Temporary difference not recognized | (0.09%) | 0.34% | 0.69% |
– Tax reduction | (0.02%) | (0.04%) | |
– Income tax at concessionary rate | 0.41% | (0.35%) | (0.67%) |
– Tax losses not recognized | (0.52%) | ||
– Under (Over) provision for prior years | 8.32% | (0.43%) | 0.55% |
– Others | (0.05%) | (0.53%) | |
Effective tax rate | 6.93% | 23.05% | 21.95% |
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- Definition Income tax at concessionary rate No definition available.
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- Definition Non-taxable income. No definition available.
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- Definition Tax losses not recognized. No definition available.
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- Definition Tax reduction. No definition available.
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible expenses. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of reported income tax benefit (expense) from difference to income tax expense (benefit) computed by applying statutory federal (national) income tax rate to pretax income (loss) from continuing operation, attributable to other reconciling items. Excludes state and local income tax expense (benefit), federal tax expense (benefit), statutory income tax expense (benefit) outside of country of domicile, tax credit, nondeductible expense, deduction, income tax settlement, income tax contingency, and cross-border tax law. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to revisions of previously reported income tax expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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