INCOME TAXES (Details Narrative) - HKD ($) $ in Millions |
12 Months Ended | ||
---|---|---|---|
Mar. 21, 2018 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items] | |||
Profit tax rates, amount | $ 2 | ||
Profit tax rates | 8.25% | ||
PRC statutory tax rate | 25.00% | 25.00% | |
Withholding tax rate | 10.00% | ||
Inland Revenue, Hong Kong [Member] | |||
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items] | |||
Withholding tax rate | 5.00% | ||
Maximum [Member] | |||
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items] | |||
Profit tax rates, amount | $ 2 | ||
Profit tax rates | 16.50% | ||
HONG KONG | |||
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items] | |||
Income tax, description | The Bill was signed into law on March 28, 2018 and was announced on the following day. Under the two-tiered profits tax rates regime, the first 2 million Hong Kong Dollar (“HKD”) of profits of the qualifying group entity will be taxed at 8.25%, and profits above HKD 2 million will be taxed at 16.5%. The Company’s Hong Kong subsidiaries did not have assessable profits that were derived in Hong Kong for the years ended December 31, 2024 and 2023. |