v3.26.3
INCOME TAX EXPENSES
 6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
INCOME TAX EXPENSES
17. INCOME TAX EXPENSES

 

   For the six months ended
June 30,		 
   2026
(Unaudited)		   2025
(Unaudited)		 
   $   $ 
Current tax expense        
Current period   6,085    118,245 
Changes in estimates related to prior years   93,187    - 
    99,272    118,245 
Deferred tax expense          
Origination and reversal of temporary difference   -    4,793 
Income tax expenses   99,272    123,038 

 

The tax on the Group’s loss before income tax differs from the theoretical amount that would arise using the Singapore’s standard rate of income tax as follows:

 

   For the six months ended
June 30,		 
   2026
(Unaudited)		   2025
(Unaudited)		 
   $   $ 
Reconciliation between tax expenses and accounting profit at applicable tax rate        
Loss before tax   (6,963,541)   (8,072,948)
Tax at the Singapore statutory rate   (1,183,802)   (1,372,401)
Difference from the effect of tax rates in a foreign jurisdiction   684,080    1,088,176 
Tax losses-unrecognized deferred tax assets   638,689    141,243 
Non-deductible expenses   40,247    328,499 
Other non-taxable income   (173,129)   (62,479)
Changes in estimates related to prior years   93,187    - 
Income tax expenses   99,272    123,038