v3.26.1
OTHER LIABILITIES
 6 Months Ended
Jun. 30, 2026
OTHER LIABILITIES  
OTHER LIABILITIES

NOTE 16 – OTHER LIABILITIES

 

Other Current Liabilities

 

As of June 30, 2026, and December 31, 2025, other current liabilities were $1,295,576 and $1,592,958, respectively. The components of other current liabilities are as follows:

 

Description

 

As of

June 30,

2026

 

 

As of

December 31,

2025

 

Staff costs payable

 

$780,928

 

 

$608,859

 

Other current payables

 

 

94,484

 

 

 

141,662

 

Rent deposits received

 

 

2,436

 

 

 

2,513

 

Customer deposit

 

 

417,728

 

 

 

839,924

 

Total other current liabilities

 

$1,295,576

 

 

$1,592,958

 

 

Other current payables include any amounts due to parties that do not meet the requirements to be classified as accounts payable, such as interest payable, fines, penalties, employee receivables, and fees.

 

Other Non-Current Liabilities

 

As of June 30, 2026, and December 31, 2025, other non-current liabilities were $182,959 and $19,510, respectively. The components of other non-current liabilities are as follows:

 

 

 

As of

June 30,

2026

 

 

As of

December 31,

2025

 

Leases payable

 

$3,320

 

 

$3,422

 

Retirement benefits

 

 

85,367

 

 

 

16,088

 

Deferred tax liabilities 

 

 

94,272

 

 

 

-

 

Total other non-current liabilities

 

$182,959

 

 

$19,510