v3.25.2
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
SCHEDULE OF INCOME TAX PROVISION

The components of the income tax provision are:

 

   Dcecmeber 31, 2024   December 31, 2023   December, 31, 2022 
   As of     
   Dcecmeber 31, 2024   December 31, 2023   December, 31, 2022 
Current  $298,461   $344,853   $417,268 
Deferred   (178,494)   -    - 
Total income tax provision  $119,967   $344,853   $417,268 
SCHEDULE OF STATUTORY INCOME TAX RATE AND EFFECTIVE INCOME TAX RATE

The reconciliations of the statutory income tax rate and the Company’s effective income tax rate are as follows:

 

   Dcecmeber 31 2024   December 31, 2023 
   As of 
   Dcecmeber 31 2024   December 31, 2023 
Net (loss)income before provision for income taxes  $(725,874)  $1,331,324 
PRC statutory tax rate   25%   25%
Income tax at statutory tax rate   (181,469)   332,831 
           
Additional deduction for R&D expenses   (221,954)     
Effect of preferential tax of PRC subsidiary   (39,143)     
Changes in valuation allowance   265,614    4,305 
Effect of income tax rate differences in jurisdictions other than mainland China*   252,879    450.00 
Tax effect of non-deductible items   44,040    7,267 
Income tax expense  $119,967   $344,853 
Effective tax rates   (17)%   26%
SCHEDULE OF NET OPERATING LOSS CARRIED FORWARD

As of December 31, 2024 and 2023, the net operating loss carried forward is as follows:

 SCHEDULE OF NET OPERATING LOSS CARRIED FORWARD

   December 31, 2024   December 31, 2023 
   As of 
   December 31, 2024   December 31, 2023 
Deferred tax assets:          
Net operating loss carried forward   437,806    - 
Less: valuation allowance   261,846    - 
Deferred tax assets, net  $175,960    - 
SCHEDULE OF MOVEMENT OF VALUATION ALLOWANCE PROVISION FOR DEFERRED TAX ASSETS

The movement of valuation allowance provision for deferred tax assets is as follows:

 

   December 31 2024   December 31, 2023 
   As of 
   December 31 2024   December 31, 2023 
Balance as of January 1,   -    - 
Current year addition (reduction)   265,614    - 
Exchange rate effect   (3,768)   - 
Balance as of December 31,   261,846    -