v3.25.1
Taxation (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of effective income tax rate reconciliation

The Company only operates in the United States through Abit USA Inc. The charge for 2024 represents the taxable situation of this subsidiary, as follows::

 

 Schedule of effective income tax rate reconciliation

Taxation  Years Ended
December 31
 
     
(Loss)/Income before taxes   (798,293)
Tax and surcharges for 2023   56,061 
Current income tax provision   55,306 
Deferred tax benefits   0 
Total taxes   111,367 
      
(Loss)/Income after taxes   (909,660)
Income tax computed at different regions statutory tax rate   0 
Effect of non-taxable income   0 
Effect of non-deductible expenses   0 
Effect of preferential tax rate   0 
Deferred tax assets losses not recognized   0 
Others   0 
      
Tax   111,367 
Schedule of effective income tax rate reconciliation

 Schedule of effective income tax rate reconciliation

Taxation  Years Ended
December 31
 
     
(Loss)/Income before taxes   (798,293)
Tax and surcharges for 2023   56,061 
Current income tax provision   55,306 
Deferred tax benefits   0 
Total taxes   111,367 
      
(Loss)/Income after taxes   (909,660)
Income tax computed at different regions statutory tax rate   0 
Effect of non-taxable income   0 
Effect of non-deductible expenses   0 
Effect of preferential tax rate   0 
Deferred tax assets losses not recognized   0 
Others   0 
      
Tax   111,367