| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
| Dec. 31, 2022 |
| Accounting Policies [Abstract] | |
| Basis of Presentation and Consolidation | Basis
of Presentation and Consolidation The
Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the
United States (“GAAP”). Any reference in these notes to applicable guidance is meant to refer to the authoritative GAAP as
found in the Accounting Standards Codification (“ASC”) and Accounting Standards Update (“ASU”) of the Financial
Accounting Standards Board (“FASB”). All adjustments considered necessary for a fair presentation have been included. These
adjustments consist of normal and recurring accruals, as well as non-recurring charges. The
consolidated financial statements are presented in US Dollars and include the accounts of the Company and its subsidiaries. All significant
inter-company accounts and transactions have been eliminated in consolidation. The results of subsidiaries acquired or disposed of during
the periods are included in the consolidated statements of operations from the effective date of acquisition or up to the effective date
of disposal. |
| Use of Estimates | Use
of Estimates The
preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts
reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Significant
areas for which management uses estimates include:
● revenue
recognition at point in time and over time;
● sales
returns at point in time and allowances;
● inventory;
● estimated
lives for tangible and intangible assets; and
● income
tax valuation allowances These
estimates require the use of judgment as future events and the effect of these events cannot be predicted with certainty. The estimates
will change as new events occur, as more experience is acquired and as more information is obtained. We evaluate and update our assumptions
and estimates on an ongoing basis and we may consult outside experts to assist as considered necessary. |
| Segment Reporting | Segment
Reporting Accounting
Standards Codification (“ASC”) Topic 280, “ Segment Reporting two |
| Cash and Cash Equivalents | Cash
and Cash Equivalents Cash
and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions
and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. |
| Accounts Receivable | Accounts
Receivable Accounts
receivable are recorded at the invoiced amount and do not bear interest, which are due within contractual payment terms, generally 30
to 90 days from completion of service. Credit is extended based on evaluation of a customer’s financial condition, the customer
credit-worthiness and their payment history. Accounts receivable outstanding longer than the contractual payment terms are considered
past due. Past due balances over 90 days and over a specified amount are reviewed individually for collectibility. At the end of fiscal
year, the Company specifically evaluates individual customer’s financial condition, credit history, and the current economic conditions
to monitor the progress of the collection of accounts receivables. The Company will consider the allowance for doubtful accounts for
any estimated losses resulting from the inability of its customers to make required payments. For the receivables that are past due or
not being paid according to payment terms, the appropriate actions are taken to exhaust all means of collection, including seeking legal
resolution in a court of law. Account balances are charged off against the allowance after all means of collection have been exhausted
and the potential for recovery is considered remote. The Company does not have any off-balance-sheet credit exposure related to its customers.
As of December 31, 2022 and 2021, there was no |
| Inventories | Inventories Inventories
are stated at the lower of cost or market value (net realizable value), cost being determined on a first-in-first-out method. The Company
provides inventory allowances based on excess and obsolete inventories determined principally by customer demand. As of December 31,
2022 and 2021, the Company did not record an allowance for obsolete inventories, nor have there been any write-offs. |
| Plant and Equipment | Plant
and Equipment Plant
and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated
on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking
into account their estimated residual values: SCHEDULE OF ESTIMATED USEFUL LIVES
Expected useful lives Residual value
Furniture, fixture and equipment 3 5 %
Motor vehicle 3.33 4 5 %
Leasehold improvement 2 5 % Expenditures
for repairs and maintenance are expensed as incurred. When assets have been retired or sold, the cost and related accumulated depreciation
are removed from the accounts and any resulting gain or loss is recognized in the results of operations. |
| Intangible Assets | Intangible
Assets Intangible
assets represented trademarks of their products and are stated at cost less accumulated amortization and any recognized impairment loss.
Amortization is provided over the term of their registrations on a straight-line basis, which is 10 Amortization
expense for the years ended December 31, 2022 and 2021 was $ 500 521 |
| Impairment of Long-Lived Assets | Impairment
of Long-Lived Assets In
accordance with the provisions of ASC Topic 360, “Impairment or Disposal of Long-Lived Assets”, all long-lived assets such
as plant and equipment, as well as intangible assets held and used by the Company are reviewed for impairment whenever events or changes
in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is
evaluated by a comparison of the carrying amount of an asset to its estimated future undiscounted cash flows expected to be generated
by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying
amounts of the assets exceed the fair value of the assets. There has been no impairment charge for the years presented. |
| Revenue Recognition | Revenue
Recognition The
Company adopted Accounting Standards Codification (“ASC”) 606 – Revenue from Contracts with Customers
● identify
the contract with a customer;
● identify
the performance obligations in the contract;
● determine
the transaction price;
● allocate
the transaction price to performance obligations in the contract; and
● recognize
revenue as the performance obligation is satisfied. Currently,
the Company operates two business segments. Healthcare
Business mainly provides health consulting advisory services and . Revenue
is earned from the rendering of health consulting advisory services to the customers. The Company recognizes services revenue over the
period in which such services are performed. Amounts expected to be recognized as revenue within the 12 months following the balance
sheet date are classified as current portion of deferred revenue in the accompanying consolidated balance sheets. Amounts not expected
to be recognized as revenue within the 12 months following the balance sheet date are classified as deferred revenue, net of current
portion. The
sale and distribution of the healthcare products, such as (i) Nutrition Catering (ii) Special Health Food (iii) Health Supplement
and (iv) Skincare, is the only performance obligation under the fixed-fee arrangements. Revenue is recognized from the sale of their
healthcare products upon delivery to the customers, whereas the title and risk of loss are fully transferred to the customers. The
Company records its revenues, net of value added taxes (“VAT”) on the majority of the products at the rate of 17 Wine
Business mainly provides . 17 0 148,208 urban
construction tax and educational surtax |
| Disaggregation of Revenue | Disaggregation
of Revenue The
following table provides information about disaggregated revenue from customers into the nature of the products and services, and the related timing of revenue recognition: SCHEDULE OF DISAGGREGATED REVENUE WITH REPORTABLE SEGMENTS
Type of products or services Timing of revenue recognition For the Year Ended December 31, 2022 For the Year Ended December 31, 2021
Consultancy service fee income Services transferred over time $ 141,053 $ 216,850
Sales of healthcare products Goods transferred at a point in time 39,599 39,996
Sales of wine products Goods transferred at a point in time 173,444 104,270
TOTAL $ 354,096 $ 361,116 |
| Income Taxes | Income
Taxes The
Company adopted the ASC 740 Income tax provisions of paragraph 740-10-25-13, which addresses the determination of whether tax benefits
claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under paragraph 740-10-25-13,
the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will
be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in
the consolidated financial statements from such a position should be measured based on the largest benefit that has a greater than fifty
percent (50%) likelihood of being realized upon ultimate settlement The
estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying
balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred
tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary. |
| Foreign Currencies Translation | Foreign
Currencies Translation Transactions
denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing
at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated
into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded
in the consolidated statement of operations. The
reporting currency of the Company is United States Dollar (“US$”) and the accompanying financial statements have been expressed
in US$. In addition, the Company is operating in Hong Kong SAR and the People’s Republic of China and maintain its books and record
in its local currency, Hong Kong Dollars (“HK$”) and Renminbi (“RMB”), which is a functional currency as being
the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets
and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30,
“ Translation of Financial Statement Translation
of amounts from HK$ and RMB into US$ have been made at the following exchange rates for the years ended December 31, 2022 and 2021. Years
ended December 31, 2022 and 2021 SCHEDULE OF FOREIGN CURRENCIES TRANSLATION EXCHANGE RATES
2022 2021
Year-end HK$:US$ exchange rate 0.12799 0.12822
Annual average HK$:US$ exchange rate 0.12771 0.12865
Year-end RMB:US$ exchange rate 0.14500 0.15742
Annual average RMB:US$ exchange rate 0.14879 0.15507 |
| Net Loss per Share | Net
Loss per Share The
Company calculates net loss per share in accordance with ASC Topic 260, “Earnings per Share.” Basic income per share is computed
by dividing the net income by the weighted-average number of common shares outstanding during the period. Diluted income per share is
computed similar to basic income per share except that the denominator is increased to include the number of additional common shares
that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive. |
| Comprehensive income | Comprehensive
income ASC
Topic 220, “Comprehensive Income”, establishes standards for reporting and display of comprehensive income, its components
and accumulated balances. Comprehensive income as defined includes all changes in equity during a period from non-owner sources. Accumulated
other comprehensive income, as presented in the accompanying consolidated statements of changes in shareholders’ equity, consists
of changes in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation
of income tax expense or benefit. |
| Retirement plan costs | Retirement
plan costs Contributions
to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements
of operation as the related employee service are provided. |
| Leases | Leases The
Company adopts the FASB Accounting Standards Update (“ASU”) 2016-02 “Leases (Topic 842).” for all periods presented.
This standard requires lessees to recognize lease assets (“right of use”) and related lease obligations (“lease liabilities”)
on the balance sheet for leases with terms in excess of 12 months. The
Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”)
assets and operating lease liabilities in the consolidated balance sheets. Finance leases are included in finance lease ROU assets and
finance lease liabilities in the consolidated balance sheets. ROU
assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s
obligation to make lease payments arising from the lease. Operating lease and finance lease ROU assets and liabilities are recognized,
based on the present value of lease payments over the lease term discounted using the rate implicit in the lease. In cases where the
implicit rate is not readily determinable, the Company uses its incremental borrowing rate based on the information available at commencement
date in determining the present value of lease payments. Lease expense for lease payments is recognized on a straight-line basis over
the lease term. |
| Related Parties | Related
Parties The
Company follows the ASC 850-10, “Related Party” Pursuant
to section 850-10-20 the related parties include: a) affiliates of the Company; b) entities for which investments in their equity securities
would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15,
to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing
trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company;
f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies
of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and
g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership
interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting
parties might be prevented from fully pursuing its own separate interests. The
financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense
allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the
preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the
nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts
were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding
of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which
income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding
period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the
terms and manner of settlement. |
| Commitments and Contingencies | Commitments
and Contingencies The
Company follows the ASC 450-20, “ Commitments” If
the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability
can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates
that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then
the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss
contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed.
Management does not believe, based upon information available at this time that these matters will have a material adverse effect on
the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not
materially and adversely affect the Company’s business, financial position, and results of operations or cash flows. |
| Fair value of Financial Instruments | Fair
value of Financial Instruments The
Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial
instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”)
to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes
a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements.
To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting
Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value
into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for
identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined
by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below:
Level
1 Quoted
market prices available in active markets for identical assets or liabilities as of the reporting date.
Level
2 Pricing
inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the
reporting date.
Level
3 Pricing
inputs that are generally observable inputs and not corroborated by market data. Financial
assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar
techniques and at least one significant model assumption or input is unobservable. The
fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and
the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than
one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of
the instrument. The
carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, approximate their fair values
because of the short maturity of these instruments. |
| Recent Accounting Pronouncements | Recent
Accounting Pronouncements From
time to time, new accounting pronouncements are issued by the FASB or other standard setting bodies and adopted by the Company as of
the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are
not yet effective will not have a material impact on its financial position or results of operations upon adoption. Accounting Standards Recently
Adopted In
August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options In
May 2021, the FASB issued ASU 2021-04, Earnings Per Share In
December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 The
Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of
any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations. |
