DSwiss (DQWS) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2021shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	333-208083
Entity Registrant Name	DSwiss, Inc.
Entity Central Index Key	0001652561
Entity Tax Identification Number	47-4215595
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Unit 18-11, 18-12 & 18-01, Tower A, Vertical Business Suite
Entity Address, Address Line Two	Avenue 3, Bangsar South
Entity Address, Address Line Three	No.8 Jalan Kerinchi
Entity Address, City or Town	Kuala Lumpur
Entity Address, Country	MY
Entity Address, Postal Zip Code	59200
City Area Code	(603)
Local Phone Number	2770-4032
Title of 12(b) Security	Common Stock
Trading Symbol	DQWS
Entity Current Reporting Status	Yes
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	206,904,600

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 195,032	$ 158,004
Accounts receivable	143,397	9,146
Other receivable, prepaid expenses and deposit	23,136	33,604
Income tax receivables	714	434
Inventories	28,792	37,995
Total Current Assets	391,071	239,183
NON-CURRENT ASSETS
Property and equipment, net	40,303	51,953
Intangible assets, net	5,022	5,565
Operating lease right -of-use, net	11,497	47,653
Total Non-Current Assets	56,822	105,171
TOTAL ASSETS	447,893	344,354
CURRENT LIABILITIES
Accounts payable	35,117	1,213
Other payables and accrued liabilities	307,768	164,013
Operating lease liability	11,772	48,114
Amounts due to a director	45,124	155,437
Finance lease liability	8,628	9,876
Current tax liabilities	174	2,887
Total Current Liabilities	408,583	381,540
NON- CURRENT LIABILITIES
Finance lease liability	25,775	32,318
Total non-current liabilities	25,775	32,318
TOTAL LIABILITIES	434,358	413,858
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding
Common stock, $0.0001 par value, 600,000,000 shares authorized, 206,904,600 and 206,904,600 shares issued and outstanding as of September 30, 2021 and December 31, 2020 respectively	20,690	20,690
Additional paid-in capital	1,395,426	1,395,426
Accumulated other comprehensive losses	(30,115)	(28,177)
Accumulated deficit	(1,383,091)	(1,483,170)
TOTAL DSWISS, INC. STOCKHOLDERS’ EQUITY	2,910	(95,231)
NON-CONTROLLING INTEREST	10,625	25,727
TOTAL STOCKHOLDERS’ EQUITY	13,535	(69,504)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 447,893	$ 344,354

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Stock, Par or Stated Value Per Share		$ 0.0001
Common Stock, Shares Authorized		600,000,000
Common Stock, Shares, Outstanding	206,904,600	206,904,600

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
REVENUE	$ 729,180	$ 249,705	$ 1,277,102	$ 998,157
COST OF REVENUE	(573,129)	(158,019)	(970,026)	(735,351)
GROSS PROFIT	156,051	91,686	307,076	262,806
OTHER INCOME	884	4,182	6,657	12,973
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	(70,361)	(57,643)	(194,495)	(144,907)
OPERATING EXPENSES	1	(19,527)	(695)	(64,914)
FINANCE COST	(554)	1,219	(2,155)	(1,541)
OTHER OPERATING EXPENSES	(11,190)	(30,829)	(32,407)	(67,444)
PROFIT / (LOSS) BEFORE INCOME TAX	74,831	(10,912)	83,981	(3,027)
INCOME TAX PROVISION	2,864		2,864
NET INCOME / (LOSS)	77,695	(10,912)	86,845	(3,027)
Non-Controlling Interest	9,184	2,555	13,234	(6,019)
Other comprehensive (loss)/income
Foreign currency translation adjustment	(2,764)	(11,016)	(1,938)	7,836
TOTAL COMPREHENSIVE INCOME / (LOSS)	$ 84,115	$ (19,374)	$ 98,141	$ (1,211)
NET INCOME/LOSS PER SHARE – BASIC AND DILUTED (Cent)	$ 0.04		$ 0.04
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING – BASIC AND DILUTED	206,904,600	206,904,600	206,904,600	206,904,600

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 20,690	$ 1,395,426	$ (34,564)	$ (1,490,845)	$ 4,851	$ (104,442)
Shares, Outstanding, Beginning Balance at Dec. 31, 2019	206,904,600
Foreign currency translation adjustment			7,836		587	8,423
Net loss for the period				(9,046)	6,019	(3,027)
Ending balance, value at Sep. 30, 2020	$ 20,690	1,395,426	(26,728)	(1,499,891)	11,457	(99,046)
Shares, Outstanding, Ending Balance at Sep. 30, 2020	206,904,600
Beginning balance, value at Jun. 30, 2020	$ 20,690	1,395,426	(15,712)	(1,491,534)	13,675	(77,455)
Shares, Outstanding, Beginning Balance at Jun. 30, 2020	206,904,600
Foreign currency translation adjustment			(11,016)		337	(10,679)
Net loss for the period				(8,357)	(2,555)	(10,912)
Ending balance, value at Sep. 30, 2020	$ 20,690	1,395,426	(26,728)	(1,499,891)	11,457	(99,046)
Shares, Outstanding, Ending Balance at Sep. 30, 2020	206,904,600
Beginning balance, value at Dec. 31, 2020	$ 20,690	1,395,426	(28,177)	(1,483,170)	25,727	(69,504)
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	206,904,600
Foreign currency translation adjustment			(1,938)		(1,868)	(3,806)
Net loss for the period				100,079	13,234	86,845
Ending balance, value at Sep. 30, 2021	$ 20,690	1,395,426	(30,115)	(1,383,091)	10,625	13,535
Shares, Outstanding, Ending Balance at Sep. 30, 2021	206,904,600
Beginning balance, value at Jun. 30, 2021	$ 20,690	1,395,426	(27,351)	(1,469,970)	19,854	(61,351)
Shares, Outstanding, Beginning Balance at Jun. 30, 2021	206,904,600
Foreign currency translation adjustment			(2,764)		(45)	(2,809)
Net loss for the period				86,879	(9,184)	77,695
Ending balance, value at Sep. 30, 2021	$ 20,690	$ 1,395,426	$ (30,115)	$ (1,383,091)	$ 10,625	$ 13,535
Shares, Outstanding, Ending Balance at Sep. 30, 2021	206,904,600

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net profit / (loss)	$ 86,845	$ (3,027)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	48,469	46,966
Amortization for intangible assets	518	780
Waiver of accounts payable		(20,513)
Accounts receivable written-off		20,417
Plant and equipment written-off		435
Changes in operating assets and liabilities:
Accounts payable	33,949	36,322
Accounts receivable	(134,594)	(21,564)
Other payables and accrued liabilities	161,819	(30,800)
Lease liabilities	(34,537)	(33,303)
Inventories	7,777	(16,922)
Amount due to director	(108,233)	25,581
Prepayments, deposits & other receivables	3,413	52,615
Cash generated from operations	65,426	56,987
Tax refund	(2,690)
Tax paid	(297)	(340)
Net cash generated from operating activities	62,439	56,647
CASH FLOWS FROM INVESTING ACTIVITY:
Purchase of property and equipment	(4,399)	(1,984)
Net cash used in investing activity	(4,399)	(1,984)
CASH FLOWS FROM FINANCING ACTIVITY:
Repayment of finance lease	(6,208)	(5,956)
Net cash used in financing activity	(6,208)	(5,956)
Effect of exchange rate changes	(14,804)	7,673
Net increase in cash and cash equivalents	37,028	56,380
Cash and cash equivalents, beginning of period	158,004	48,353
CASH AND CASH EQUIVALENTS, END OF PERIOD	195,032	104,733
SUPPLEMENTAL CASH FLOWS INFORMATION
Income taxes paid	297	340
Interest paid	$ 2,155	$ 1,541

DESCRIPTION OF BUSINESS AND ORG

DESCRIPTION OF BUSINESS AND ORGANIZATION	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND ORGANIZATION	1. DESCRIPTION OF BUSINESS AND ORGANIZATION DSwiss, Inc. is organized as a Nevada limited liability company, incorporated on May 28, 2015. For the purposes of financial statement presentation, DSwiss, Inc. and its subsidiaries are herein referred to as “the Company” or “we”. The principal activity of the Company and its subsidiaries is to supply high quality beauty products directly to clients through wholly owned subsidiaries. Our beauty supplies include, but are not limited to, beverages to assist in weight loss, anti-aging cream, and products designed to improve the overall health and wellness of clients. The accompanying unaudited condensed consolidated financial statements of DSwiss, Inc. at September 30, 2021 and 2020 have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial statements, instructions to Form 10-Q, and Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our annual report on Form 10-K for the year ended December 31, 2020. In management’s opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation to make our financial statements not misleading have been included. The results of operations for the periods ended September 30, 2021 and 2020 presented are not necessarily indicative of the results to be expected for the full year. The December 31, 2020 balance sheet has been derived from our audited financial statements included in our annual report on Form 10-K for the year ended December 31, 2020. We have historically conducted our business through DSwiss Sdn Bhd, a private limited liability company, incorporated in Malaysia. DSwiss Holding Limited, incorporated in Seychelles, is an investment holding company with 100 100 We have invested in DSwiss Biotech Sdn Bhd, a Company incorporated in Malaysia, and owned 40 % equity interest. The Company, through its subsidiaries and its variable interest entities (“VIEs”), mainly supplies high quality beauty products. Details of the Company’s subsidiaries and associates: SCHEDULE OF VARIABLE INTEREST ENTITY Company name Place and date of incorporation Particulars of issued Principal activities Proportional of ownership interest 1. DSwiss Holding Limited Seychelles, 1 share of ordinary share of US$1 each Investment holding 100 % 2. DSwiss (HK) Limited Hong Kong, 1 share of ordinary share of HK$1 each Supply of medical, health and beauty products 100 % 3. DSwiss Sdn Bhd Malaysia, 2 shares of ordinary share of RM 1 each Supply of medical, health and beauty products 100 % 4. DSwiss Biotech Sdn Bhd Malaysia, 250,000 shares of ordinary share of RM 1 each Supply of biotech products 40 % (1) Based on the contractual arrangements between the Company and other investors, the Company has the power to direct the relevant activities of these entities unilaterally, and hence the Company has control over these entities. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	9 Months Ended
	Sep. 30, 2021
Going Concern Uncertainties
GOING CONCERN UNCERTAINTIES	2. GOING CONCERN UNCERTAINTIES The accompanying financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of September 30, 2021, the Company suffered an accumulated deficit of $ 1,383,091 and having net current liabilities of $ 17,512 for period ended September 30, 2021. The continuation of the Company as a going concern through September 30, 2021 is dependent upon improving the profitability and the continuing financial support from its major stockholders. Management believes the existing major shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The accompanying condensed consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). Basis of consolidation The condensed consolidated financial statements include the accounts of the Company and its subsidiaries in which the Company is the primary beneficiary. All inter-company accounts and transactions have been eliminated upon consolidation. Use of estimates In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets, and revenues and expenses during the periods reported. Actual results may differ from these estimates. Revenue recognition The Company follows the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts Revenue from trading of retail goods is recognized when title and risk of loss are transferred and there are no continuing obligations to the customer. Title and the risks and rewards of ownership transfer to and accepted by the customer when the products are delivered to the customers. Revenue is recorded net of sales discounts, returns, allowances, and other adjustments that are based upon management’s best estimates and historical experience and are provided for in the same period as the related revenues are recorded. lab test services as another source of revenue. Cost of revenue Cost of revenue includes the raw material, repacking fees, packing materials and inbound freight charges. It excludes purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs and other costs of distribution network in cost of revenues. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) Selling and distribution expenses Selling and distribution expenses are primarily comprised of travelling and accommodation, transportation fees such as petrol, toll and parking and shipping and handling fees. Cash and cash equivalents The Company consider all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalent. Inventories Inventories consisting of products available for sell, are stated at the lower of cost or market value. Cost of inventory is determined using the first-in, first-out (FIFO) method. Inventory reserve is recorded to write down the cost of inventory to the estimated market value due to slow-moving merchandise and damaged goods, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased. Write downs are recorded in cost of revenues in the Condensed Consolidated Statements of Operations and Comprehensive Income. Property and equipment Property and equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated on the straight-line method over their estimated useful lives or lease terms generally as follows: SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE Classification Estimated useful lives Computer and software 5 Furniture and fittings 5 Office equipment 10 Motor vehicle 5 Intangible assets Intangible assets are stated at cost less accumulated amortization. Intangible assets represented the registration costs of trademarks in Hong Kong, China, and Malaysia, which are amortized on a straight-line basis over a useful life of five years The Company follows ASC Topic 350 in accounting for intangible assets, which requires impairment losses to be recorded when indicators of impairment are present and the undiscounted cash flows estimated to be generated by the assets are less than the assets’ carrying amounts. There were no impairment losses recorded on intangible assets for the nine months ended September 30, 2021. Leases Prior to November 1, 2019, the Company accounted for leases under ASC 840, Accounting for Leases. Effective November 1, 2019, the Company adopted the guidance of ASC 842, Leases, which requires an entity to recognize a right-of-use asset and a lease liability for virtually all leases. The implementation of ASC 842 did not have a material impact on the Company’s consolidated financial statements and did not have a significant impact on our liquidity. The Company adopted ASC 842 using a modified retrospective approach. As a result, the comparative financial information has not been updated and the required disclosures prior to the date of adoption have not been updated and continue to be reported under the accounting standards in effect for those periods. (see Note 14). Income taxes Income taxes are determined in accordance with the provisions of ASC Topic 740, “ Income Taxes ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company conducts major businesses in Malaysia. The Company is subject to tax in these jurisdictions. As a result of its business activities, the Company will file tax returns that are subject to examination by the foreign tax authority. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) Net income per share The Company calculates net income per share in accordance with ASC Topic 260, “Earnings per Share.” 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 Condensed Consolidated Statements of Operations and Comprehensive Income. The reporting currency of the Company is United States Dollars (“US$”) and the accompanying financial statements have been expressed in US$. In addition, the Company’s subsidiaries and VIEs in Malaysia and Hong Kong, maintains their books and record in their local currency, Ringgits Malaysia (“RM”) and Hong Kong Dollars (“HK$”) respectively, which is functional currency as being the primary currency of the economic environment in which the entity operates. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement” Translation of amounts from RM into US$1, HK$ into US$1 and RMB into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCIES TRANSLATION As of and for the nine months ended 2021 2020 Period-end RM : US$1 exchange rate 4.19 4.16 Period-average RM : US$1 exchange rate 4.12 4.22 Period-end HK$ : US$1 exchange rate 7.79 7.75 Period-average HK$ : US$1 exchange rate 7.77 7.76 Period-end RMB : US$1 exchange rate 6.46 6.79 Period-average RMB : US$1 exchange rate 6.47 6.99 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. Fair value of financial instruments: The carrying value of the Company’s financial instruments: cash and cash equivalents, trade receivables, deposits, trade payable, other payables, and accounts payable approximate at their fair values because of the short-term nature of these financial instruments. The Company also follows the guidance of the ASC Topic 820-10, “ Fair Value Measurements and Disclosures Level 1 Level 2 Level 3 Segment reporting ASC Topic 280, “ Segment Reporting Recent accounting pronouncements The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do 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. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

VIE STRUCTURE AND ARRANGEMENTS

VIE STRUCTURE AND ARRANGEMENTS	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VIE STRUCTURE AND ARRANGEMENTS	4. VIE STRUCTURE AND ARRANGEMENTS On June 27, 2016, DSwiss (HK) Limited (“DSHK”) entered into a Management Services Agreement (the “Management Services Agreement I”) which entitles DSHK to substantially entitled to all of the economic benefits of DSwiss Biotech Sdn Bhd (“DSBT”) in consideration of services provided by DSHK to DSBT. Pursuant to the Management Services Agreement I, DSHK has the exclusive right to provide to DSBT management, financial and other services related to the operation of DSBT’s business, and DSBT is required to take all commercially reasonable efforts to permit and facilitate the provision of the services provided by DSHK. As compensation for providing the services, DSHK is entitled to receive a fee from DSBT, upon demand, equal to 100 The Management Services Agreement I also provide DSHK, or its designee, with a right of first refusal to acquire all or any portion of the equity of DSBT upon any proposal by the sole shareholder of DSBT to transfer such equity. In addition, at the sole discretion of DSHK, DSBT is obligated to transfer to DSHK, or its designee, any part or all of the business, personnel, assets and operations of DSBT which may be lawfully conducted, employed, owned or operated by DSHK, including: (a) business opportunities presented to, or available to DSBT may be pursued and contracted for in the name of DSHK rather than DSBT, and at its discretion, DSHK may employ the resources of DSBT to secure such opportunities; (b) any tangible or intangible property of DSBT, any contractual rights, any personnel, and any other items or things of value held by DSBT may be transferred to DSHK at book value; (c) real property, personal or intangible property, personnel, services, equipment, supplies and any other items useful for the conduct of the business may be obtained by DSHK by acquisition, lease, license or otherwise, and made available to DSBT on terms to be determined by agreement between DSHK and DSBT; (d) contracts entered into in the name of DSBT may be transferred to DSHK, or the work under such contracts may be subcontracted, in whole or in part, to DSHK, on terms to be determined by agreement between DSHK and DSBT; and (e) any changes to, or any expansion or contraction of, the business may be carried out in the exercise of the sole discretion of DSHK, and in the name of and at the expense of, DSHK; provided, however, that none of the foregoing may cause or have the effect of terminating (without being substantially replaced under the name of DSHK) or adversely affecting any license, permit or regulatory status of DSBT. In addition, DSHK entered into certain agreements with Jervey Choon, (the “DSBT shareholder”), including (i) a Call Option Agreement allowing DSHK to acquire the shares of DSBT as permitted by Malaysia laws; (ii) a Shareholders’ Voting Rights Proxy Agreement that provides DSHK with the voting rights of the DSBT; and (ii) an Equity Pledge Agreement that pledges the shares in DSBT. This VIE structure provides DSHK, a wholly-owned subsidiary of DSwiss Holding Limited, which is the wholly-owned subsidiary of DSwiss Inc, with control over the operations and benefits of DSBT without having a direct equity ownership in DSBT. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	5. STOCKHOLDERS’ EQUITY As of September 30, 2021, the Company had a total of 206,904,600 of its common stock issued and outstanding. There are no shares of preferred stock issued and outstanding.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	6. PROPERTY AND EQUIPMENT SCHEDULE OF PLANT AND EQUIPMENT September 30, 2021 December 31, 2020 Computers and software $ 98,757 $ 96,508 Furniture and fittings 6,144 6,144 Office equipment 13,118 11,113 Motor vehicles 79,054 79,054 Total property and equipment $ 197,072 $ 192,819 Accumulated depreciation (152,627 ) (138,371 ) Effect of translation exchange (4,143 ) (2,495 ) Property and equipment, net $ 40,303 $ 51,953 Depreciation expense for the three months and nine months ended September 30, 2021 were $ 4,715 and $ 14,100 respectively. Depreciation expense for the three months and nine months ended September 30, 2020 were $ 4,738 13,990

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	7. INTANGIBLE ASSETS SCHEDULE OF INTANGIBLE ASSETS September 30, 2021 December 31, 2020 Trademarks $ 12,077 $ 12,077 Amortization (6,619 ) (6,101 ) Effect of translation exchange (436 ) (411 ) Intangible assets, net $ 5,022 $ 5,565 Amortization for the three months and nine months ended September 30, 2021 was $ 0 and $ 518 respectively. Amortization for the three months and nine months ended September 30, 2020 was $ 260 780

OTHER RECEIVABLE, PREPAID EXPEN

OTHER RECEIVABLE, PREPAID EXPENSES AND DEPOSITS	9 Months Ended
	Sep. 30, 2021
Other Receivable Prepaid Expenses And Deposits
OTHER RECEIVABLE, PREPAID EXPENSES AND DEPOSITS	8. OTHER RECEIVABLE, PREPAID EXPENSES AND DEPOSITS SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS September 30, 2021 December 31, 2020 Prepaid expenses $ 973 $ 1,470 Deposits 22,163 32,134 Total prepaid expenses and deposits $ 23,136 $ 33,604

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2021
Inventory Disclosure [Abstract]
INVENTORIES	9. INVENTORIES SCHEDULE OF INVENTORIES September 30, 2021 December 31, 2020 Finished goods, at cost $ 28,792 $ 37,995 Total inventories $ 28,792 $ 37,995

OTHER PAYABLES AND ACCRUED LIAB

OTHER PAYABLES AND ACCRUED LIABILITIES	9 Months Ended
	Sep. 30, 2021
Payables and Accruals [Abstract]
OTHER PAYABLES AND ACCRUED LIABILITIES	10. OTHER PAYABLES AND ACCRUED LIABILITIES SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES September 30, 2021 December 31, 2020 Other payables $ 276,480 $ 120,521 Accrued audit fees 12,027 18,831 Accrued other expenses 15,634 20,911 Accrued professional fees 3,627 3,750 Total payables and accrued liabilities $ 307,768 $ 164,013 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

FINANCE LEASE LIABILITY

FINANCE LEASE LIABILITY	9 Months Ended
	Sep. 30, 2021
Finance Lease Liability
FINANCE LEASE LIABILITY	11. FINANCE LEASE LIABILITY The Company purchased a motor vehicle under a finance lease agreement with the effective interest rate of 3.73 % per annum, due through June, 2025, with principal and interest payable monthly. The obligation under the finance lease is as follows: SCHEDULE OF OBLIGATION UNDER FINANCE LEASE As of As of September 30, 2021 December 31, 2020 Finance lease $ 37,285 $ 46,490 Less: interest expense (2,882 ) (4,296 ) Net present value of finance lease 34,403 42,194 Current portion 8,628 9,876 Non-current portion 25,775 32,318 Total $ 34,403 $ 42,194 As of September 30, 2021 the maturities of the finance lease for each of the years are as follows: SCHEDULE OF MATURITIES OF FINANCE LEASE 2021 2,120 2022 8,728 2023 9,129 2024 9,530 2025 4,896 Total $ 34,403

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	12. INCOME TAXES For the nine months ended September 2021 and 2020, the local (United States) and foreign components of income/(loss) before income taxes were comprised of the following: SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES 2021 2020 Tax jurisdictions from: - Local $ (25,073 ) $ (47,122 ) - Foreign, representing Seychelles (1,427 ) (1,593 ) Hong Kong (4,567 ) (1,879 ) Malaysia 117,912 40,861 PRC - 6,706 Profit / (Loss) before income tax $ 86,845 $ (3,027 ) The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES 2021 2020 Current: - Local $ - $ - - Foreign 2,864 - Deferred: - Local - - - Foreign - - Income tax expense $ 2,864 $ - The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The Company has subsidiaries that operate in various countries: United States, Seychelles, Hong Kong, Malaysia and PRC that are subject to taxes in the jurisdictions in which they operate, as follows: United States of America The Company is registered in the State of Nevada and is subject to the tax laws of the United States of America. As of September 30, 2021, the operations in the United States of America incurred $ 410,622 21 The net operating loss carry forwards begin to expire in 2038, if unutilized. 86,231 Seychelles Under the current laws of the Seychelles, DSwiss Holding Limited is registered as an international business company which governs by the International Business Companies Act of Seychelles and there is no income tax charged in Seychelles. Hong Kong DSwiss (HK) Limited is subject to Hong Kong Profits Tax, which is charged at the statutory income tax rate of 16.5 % on its assessable income. As of September 30, 2021, the operations in the Hong Kong incurred $ 626,782 of cumulative net operating losses which can be carried forward to offset future taxable income, at the tax rate of 16.5 %. The Company has provided for a full valuation allowance of $ 103,419 against the deferred tax assets on the expected future tax benefits from the net operating loss carry forwards as the management believes it is more likely than not that these assets will not be realized in the future. Malaysia DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd are subject to Malaysia Corporate Tax, which is charged at the statutory income tax rate range from 17 24 354,782 17 60,313 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	9 Months Ended
	Sep. 30, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF RISK	13. CONCENTRATIONS OF RISK The Company is exposed to the following concentrations of risk: SCHEDULE OF CONCENTRATIONS OF RISKS (a) Major customers For three months ended September 30, 2021 and 2020, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Revenues Percentage of Accounts receivable, trade Customer A $ 448,788 $ 120,988 61 % 49 % $ - - Customer B $ - $ 64,637 - % 26 % $ - - Customer C $ - $ - - % - % $ - - Customer D $ 135,382 $ - 19 % - % $ 72,465 - $ 584,170 $ 185,625 80 % 75 % $ 72,465 - For nine months ended September 30, 2021 and 2020, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Revenues Percentage of Accounts Customer $ 723,743 $ 293,377 57 % 29 % $ - Customer $ - $ 120,988 - % 12 % $ - - Customer C $ - $ 115,068 - % 11 % $ - - Customer D $ 267,912 $ - 21 % - $ 72,465 - $ 991,655 $ 529,433 78 % 52 % $ 72,465 - (b) Major vendors For three months ended September 30, 2021 and 2020, the vendors who accounted for 10% or more of the Company’s purchases and its accounts payable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Purchases Percentage of Accounts payable, trade Vendor A $ - $ 21,309 - % 13 % $ - - Vendor B $ 252,888 $ 20,480 43 % 13 % $ 15,396 - Vendor C $ - $ 17,994 - % 11 % $ - - $ 252,888 $ 59,783 43 % 37 % $ 15,396 - For nine months ended September 30, 2021 and 2020, the vendors who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Purchases Percentage of Accounts payable, trade Vendor A $ - $ 207,732 - % 28 % $ - - Vendor B $ 505,129 $ 122,841 53 % 16 % $ 15,396 - Vendor C $ - $ 105,953 - % 14 % $ - - $ 505,129 $ 436,526 53 % 58 % $ - - All vendors are located in Malaysia. (c) Credit risk Financial instruments that are potentially subject to credit risk consist principally of accounts receivable. The Company believes the concentration of credit risk in its trade receivables is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. (d) Exchange rate risk The Company cannot guarantee that the current exchange rate will remain stable, therefore there is a possibility that the Company could post the same amount of income for two comparable periods and because of the fluctuating exchange rate actually post higher or lower income depending on exchange rate of RM converted to US$ and HK$ converted into US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

LEASE RIGHT-OF-USE ASSET AND LE

LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES	9 Months Ended
	Sep. 30, 2021
Lease Right-of-use Asset And Lease Liabilities
LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES	14. LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES The Company officially adopted ASC 842 for the period on and after January 1, 2019 as permitted by ASU 2016-02. ASC 842 originally required all entities to use a “modified retrospective” transition approach that is intended to maximize comparability and be less complex than a full retrospective approach. On July 30, 2018, the FASB issued ASU 2018-11 to provide entities with relief from the costs of implementing certain aspects of the new leasing standard, ASU 2016-02 of which permits entities may elect not to recast the comparative periods presented when transitioning to ASC 842. As permitted by ASU 2018-11, the Company elect not to recast comparative periods, thusly. As of January 1, 2019, the Company recognized approximately US$ 136,308 4.47 A single lease cost is recognized over the lease term on a generally straight-line basis. All cash payments of operating lease cost are classified within operating activities in the statement of cash flows. The operating lease right and lease liability as follow: As of September 30, 2021, operating lease right of use asset as follow: SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET Right-Of-Use Assets As of January 1, 2021 $ 47,653 Amortization for the three months ended March 31, 2021 (11,744 ) Foreign exchange translation (480 ) Balance as of March 31, 2021 $ 35,429 Amortization for the three months ended June 30, 2021 (11,875 ) Foreign exchange translation (500 ) Balance as of June 30, 2021 $ 23,054 Amortization for the three months ended September 30, 2021 (11,366 ) Foreign exchange translation (191 ) Balance as of September 30, 2021 $ 11,497 For the three months ended September 30, 2021 and 2020, the amortization of the operating lease right of use asset are $ 11,366 11,208 As of September 30, 2021, operating lease liability as follow: SCHEDULE OF OPERATING LEASE LIABILITY Lease Liability As of January 1, 2021 $ 48,114 Imputed interest 447 Gross repayment (12,241 ) Foreign exchange translation (34 ) Balance as of March 31, 2021 $ 36,286 Imputed interest 311 Gross repayment (12,114 ) Foreign exchange translation (874 ) Balance as of June 30, 2021 $ 23,609 Imputed interest 177 Gross repayment (12,014 ) Foreign exchange translation (1 ) Balance as of September 30, 2021 11,772 Less: lease liability current portion 11,772 Maturities of operating lease obligation as follow: SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION Year ending December 31, 2021 11,772 Total $ 11,772 Other information: SCHEDULE OF OPERATING LEASE OTHER INFORMATION Year ended September 30, 2021 Year ended December 31, 2020 (Unaudited) (Unaudited) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow from operating lease $ 34,369 $ 45,312 Right-of-use assets obtained in exchange for operating lease liabilities 11,497 48,114 Remaining lease term for operating lease (years) 0.25 1 Weighted average discount rate for operating lease 4.47 % 4.47 % Lease expenses were $ 34,369 for the period ended September 30, 2021, respectively while lease expenses were $ 45,312 for the year ended December 31, 2020.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	15. RELATED PARTY TRANSACTIONS For the period ended September 30, 2021 the Company has the following transactions with related party: SCHEDULE OF RELATED PARTY TRANSACTION For the period ended September 30, 2021 (Unaudited) For the period ended September 30, 2020 (Unaudited) Professional Fees: - Related party A $ 8,000 $ 15,700 Sales - Related party B $ 267,912 $ - Related party C 12,953 - - Related party D 8,364 - Total $ 297,229 $ 15,700 The related party A, is a wholly owned subsidiary of a 7.33 The r elated party B’s director and shareholder is the founder of the Company. The r elated party C’s director and shareholder is the founder of the Company. The r elated party D’s director is the founder of the Company. The shareholder of related party D is related party C. The related party transaction is generally transacted in an arm-length basis at the current market value in the normal course of business.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	16. GOING CONCERN As of September 30, 2021, the Company suffered an accumulated deficit of $ 1,383,091 and having net current liabilities of $ 17,512 for period ended September 30, 2021. The continuation of the Company as a going concern through September 30, 2021 is dependent upon improving the profitability and the continuing financial support from its major stockholders. Management believes the existing major shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	17. SUBSEQUENT EVENTS In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or transactions that occurred after September 30, 2021 up through the date the Company issued the consolidated financial statements.

SIGNIFICANT EVENTS

SIGNIFICANT EVENTS	9 Months Ended
	Sep. 30, 2021
Unusual or Infrequent Items, or Both [Abstract]
SIGNIFICANT EVENTS	18. SIGNIFICANT EVENTS During the fiscal year, the World Health Organization declared the Coronavirus (COVID-19) outbreak to be a pandemic, which has caused severe global social and economic disruptions and uncertainties, including markets where the Company operates. The Company considers this outbreak as non-adjusting-events. The consequences brought about by Covid-19 continue to evolve and whilst the Company actively monitoring and managing its operations to respond to these changes, the Company does not consider it practicable to provide any quantitative estimate on the potential impact it may have on the Company.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying condensed consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”).
Basis of consolidation	Basis of consolidation The condensed consolidated financial statements include the accounts of the Company and its subsidiaries in which the Company is the primary beneficiary. All inter-company accounts and transactions have been eliminated upon consolidation.
Use of estimates	Use of estimates In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets, and revenues and expenses during the periods reported. Actual results may differ from these estimates.
Revenue recognition	Revenue recognition The Company follows the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts Revenue from trading of retail goods is recognized when title and risk of loss are transferred and there are no continuing obligations to the customer. Title and the risks and rewards of ownership transfer to and accepted by the customer when the products are delivered to the customers. Revenue is recorded net of sales discounts, returns, allowances, and other adjustments that are based upon management’s best estimates and historical experience and are provided for in the same period as the related revenues are recorded. lab test services as another source of revenue.
Cost of revenue	Cost of revenue Cost of revenue includes the raw material, repacking fees, packing materials and inbound freight charges. It excludes purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs and other costs of distribution network in cost of revenues. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)
Selling and distribution expenses	Selling and distribution expenses Selling and distribution expenses are primarily comprised of travelling and accommodation, transportation fees such as petrol, toll and parking and shipping and handling fees.
Cash and cash equivalents	Cash and cash equivalents The Company consider all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalent.
Inventories	Inventories Inventories consisting of products available for sell, are stated at the lower of cost or market value. Cost of inventory is determined using the first-in, first-out (FIFO) method. Inventory reserve is recorded to write down the cost of inventory to the estimated market value due to slow-moving merchandise and damaged goods, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased. Write downs are recorded in cost of revenues in the Condensed Consolidated Statements of Operations and Comprehensive Income.
Property and equipment	Property and equipment Property and equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated on the straight-line method over their estimated useful lives or lease terms generally as follows: SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE Classification Estimated useful lives Computer and software 5 Furniture and fittings 5 Office equipment 10 Motor vehicle 5
Intangible assets	Intangible assets Intangible assets are stated at cost less accumulated amortization. Intangible assets represented the registration costs of trademarks in Hong Kong, China, and Malaysia, which are amortized on a straight-line basis over a useful life of five years The Company follows ASC Topic 350 in accounting for intangible assets, which requires impairment losses to be recorded when indicators of impairment are present and the undiscounted cash flows estimated to be generated by the assets are less than the assets’ carrying amounts. There were no impairment losses recorded on intangible assets for the nine months ended September 30, 2021.
Leases	Leases Prior to November 1, 2019, the Company accounted for leases under ASC 840, Accounting for Leases. Effective November 1, 2019, the Company adopted the guidance of ASC 842, Leases, which requires an entity to recognize a right-of-use asset and a lease liability for virtually all leases. The implementation of ASC 842 did not have a material impact on the Company’s consolidated financial statements and did not have a significant impact on our liquidity. The Company adopted ASC 842 using a modified retrospective approach. As a result, the comparative financial information has not been updated and the required disclosures prior to the date of adoption have not been updated and continue to be reported under the accounting standards in effect for those periods. (see Note 14).
Income taxes	Income taxes Income taxes are determined in accordance with the provisions of ASC Topic 740, “ Income Taxes ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company conducts major businesses in Malaysia. The Company is subject to tax in these jurisdictions. As a result of its business activities, the Company will file tax returns that are subject to examination by the foreign tax authority. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)
Net income per share	Net income per share The Company calculates net income per share in accordance with ASC Topic 260, “Earnings per Share.”
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 Condensed Consolidated Statements of Operations and Comprehensive Income. The reporting currency of the Company is United States Dollars (“US$”) and the accompanying financial statements have been expressed in US$. In addition, the Company’s subsidiaries and VIEs in Malaysia and Hong Kong, maintains their books and record in their local currency, Ringgits Malaysia (“RM”) and Hong Kong Dollars (“HK$”) respectively, which is functional currency as being the primary currency of the economic environment in which the entity operates. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement” Translation of amounts from RM into US$1, HK$ into US$1 and RMB into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCIES TRANSLATION As of and for the nine months ended 2021 2020 Period-end RM : US$1 exchange rate 4.19 4.16 Period-average RM : US$1 exchange rate 4.12 4.22 Period-end HK$ : US$1 exchange rate 7.79 7.75 Period-average HK$ : US$1 exchange rate 7.77 7.76 Period-end RMB : US$1 exchange rate 6.46 6.79 Period-average RMB : US$1 exchange rate 6.47 6.99 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)
Related parties	Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.
Fair value of financial instruments:	Fair value of financial instruments: The carrying value of the Company’s financial instruments: cash and cash equivalents, trade receivables, deposits, trade payable, other payables, and accounts payable approximate at their fair values because of the short-term nature of these financial instruments. The Company also follows the guidance of the ASC Topic 820-10, “ Fair Value Measurements and Disclosures Level 1 Level 2 Level 3
Segment reporting	Segment reporting ASC Topic 280, “ Segment Reporting
Recent accounting pronouncements	Recent accounting pronouncements The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do 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.

DESCRIPTION OF BUSINESS AND O_2

DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SCHEDULE OF VARIABLE INTEREST ENTITY	The Company, through its subsidiaries and its variable interest entities (“VIEs”), mainly supplies high quality beauty products. Details of the Company’s subsidiaries and associates: SCHEDULE OF VARIABLE INTEREST ENTITY Company name Place and date of incorporation Particulars of issued Principal activities Proportional of ownership interest 1. DSwiss Holding Limited Seychelles, 1 share of ordinary share of US$1 each Investment holding 100 % 2. DSwiss (HK) Limited Hong Kong, 1 share of ordinary share of HK$1 each Supply of medical, health and beauty products 100 % 3. DSwiss Sdn Bhd Malaysia, 2 shares of ordinary share of RM 1 each Supply of medical, health and beauty products 100 % 4. DSwiss Biotech Sdn Bhd Malaysia, 250,000 shares of ordinary share of RM 1 each Supply of biotech products 40 % (1) Based on the contractual arrangements between the Company and other investors, the Company has the power to direct the relevant activities of these entities unilaterally, and hence the Company has control over these entities.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE	Property and equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated on the straight-line method over their estimated useful lives or lease terms generally as follows: SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE Classification Estimated useful lives Computer and software 5 Furniture and fittings 5 Office equipment 10 Motor vehicle 5
SCHEDULE OF FOREIGN CURRENCIES TRANSLATION	Translation of amounts from RM into US$1, HK$ into US$1 and RMB into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCIES TRANSLATION As of and for the nine months ended 2021 2020 Period-end RM : US$1 exchange rate 4.19 4.16 Period-average RM : US$1 exchange rate 4.12 4.22 Period-end HK$ : US$1 exchange rate 7.79 7.75 Period-average HK$ : US$1 exchange rate 7.77 7.76 Period-end RMB : US$1 exchange rate 6.46 6.79 Period-average RMB : US$1 exchange rate 6.47 6.99

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF PLANT AND EQUIPMENT	SCHEDULE OF PLANT AND EQUIPMENT September 30, 2021 December 31, 2020 Computers and software $ 98,757 $ 96,508 Furniture and fittings 6,144 6,144 Office equipment 13,118 11,113 Motor vehicles 79,054 79,054 Total property and equipment $ 197,072 $ 192,819 Accumulated depreciation (152,627 ) (138,371 ) Effect of translation exchange (4,143 ) (2,495 ) Property and equipment, net $ 40,303 $ 51,953

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	SCHEDULE OF INTANGIBLE ASSETS September 30, 2021 December 31, 2020 Trademarks $ 12,077 $ 12,077 Amortization (6,619 ) (6,101 ) Effect of translation exchange (436 ) (411 ) Intangible assets, net $ 5,022 $ 5,565

OTHER RECEIVABLE, PREPAID EXP_2

OTHER RECEIVABLE, PREPAID EXPENSES AND DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2021
Other Receivable Prepaid Expenses And Deposits
SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS	SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS September 30, 2021 December 31, 2020 Prepaid expenses $ 973 $ 1,470 Deposits 22,163 32,134 Total prepaid expenses and deposits $ 23,136 $ 33,604

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2021
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORIES	SCHEDULE OF INVENTORIES September 30, 2021 December 31, 2020 Finished goods, at cost $ 28,792 $ 37,995 Total inventories $ 28,792 $ 37,995

OTHER PAYABLES AND ACCRUED LI_2

OTHER PAYABLES AND ACCRUED LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2021
Payables and Accruals [Abstract]
SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES	SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES September 30, 2021 December 31, 2020 Other payables $ 276,480 $ 120,521 Accrued audit fees 12,027 18,831 Accrued other expenses 15,634 20,911 Accrued professional fees 3,627 3,750 Total payables and accrued liabilities $ 307,768 $ 164,013

FINANCE LEASE LIABILITY (Tables

FINANCE LEASE LIABILITY (Tables)	9 Months Ended
	Sep. 30, 2021
Finance Lease Liability
SCHEDULE OF OBLIGATION UNDER FINANCE LEASE	SCHEDULE OF OBLIGATION UNDER FINANCE LEASE As of As of September 30, 2021 December 31, 2020 Finance lease $ 37,285 $ 46,490 Less: interest expense (2,882 ) (4,296 ) Net present value of finance lease 34,403 42,194 Current portion 8,628 9,876 Non-current portion 25,775 32,318 Total $ 34,403 $ 42,194
SCHEDULE OF MATURITIES OF FINANCE LEASE	As of September 30, 2021 the maturities of the finance lease for each of the years are as follows: SCHEDULE OF MATURITIES OF FINANCE LEASE 2021 2,120 2022 8,728 2023 9,129 2024 9,530 2025 4,896 Total $ 34,403

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES	For the nine months ended September 2021 and 2020, the local (United States) and foreign components of income/(loss) before income taxes were comprised of the following: SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES 2021 2020 Tax jurisdictions from: - Local $ (25,073 ) $ (47,122 ) - Foreign, representing Seychelles (1,427 ) (1,593 ) Hong Kong (4,567 ) (1,879 ) Malaysia 117,912 40,861 PRC - 6,706 Profit / (Loss) before income tax $ 86,845 $ (3,027 )
SCHEDULE OF PROVISION FOR INCOME TAXES	The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES 2021 2020 Current: - Local $ - $ - - Foreign 2,864 - Deferred: - Local - - - Foreign - - Income tax expense $ 2,864 $ -

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	9 Months Ended
	Sep. 30, 2021
Risks and Uncertainties [Abstract]
SCHEDULE OF CONCENTRATIONS OF RISKS	The Company is exposed to the following concentrations of risk: SCHEDULE OF CONCENTRATIONS OF RISKS (a) Major customers For three months ended September 30, 2021 and 2020, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Revenues Percentage of Accounts receivable, trade Customer A $ 448,788 $ 120,988 61 % 49 % $ - - Customer B $ - $ 64,637 - % 26 % $ - - Customer C $ - $ - - % - % $ - - Customer D $ 135,382 $ - 19 % - % $ 72,465 - $ 584,170 $ 185,625 80 % 75 % $ 72,465 - For nine months ended September 30, 2021 and 2020, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Revenues Percentage of Accounts Customer $ 723,743 $ 293,377 57 % 29 % $ - Customer $ - $ 120,988 - % 12 % $ - - Customer C $ - $ 115,068 - % 11 % $ - - Customer D $ 267,912 $ - 21 % - $ 72,465 - $ 991,655 $ 529,433 78 % 52 % $ 72,465 - (b) Major vendors For three months ended September 30, 2021 and 2020, the vendors who accounted for 10% or more of the Company’s purchases and its accounts payable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Purchases Percentage of Accounts payable, trade Vendor A $ - $ 21,309 - % 13 % $ - - Vendor B $ 252,888 $ 20,480 43 % 13 % $ 15,396 - Vendor C $ - $ 17,994 - % 11 % $ - - $ 252,888 $ 59,783 43 % 37 % $ 15,396 - For nine months ended September 30, 2021 and 2020, the vendors who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2021 2020 2021 2020 2021 2020 Purchases Percentage of Accounts payable, trade Vendor A $ - $ 207,732 - % 28 % $ - - Vendor B $ 505,129 $ 122,841 53 % 16 % $ 15,396 - Vendor C $ - $ 105,953 - % 14 % $ - - $ 505,129 $ 436,526 53 % 58 % $ - -

LEASE RIGHT-OF-USE ASSET AND _2

LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2021
Lease Right-of-use Asset And Lease Liabilities
SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET	As of September 30, 2021, operating lease right of use asset as follow: SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET Right-Of-Use Assets As of January 1, 2021 $ 47,653 Amortization for the three months ended March 31, 2021 (11,744 ) Foreign exchange translation (480 ) Balance as of March 31, 2021 $ 35,429 Amortization for the three months ended June 30, 2021 (11,875 ) Foreign exchange translation (500 ) Balance as of June 30, 2021 $ 23,054 Amortization for the three months ended September 30, 2021 (11,366 ) Foreign exchange translation (191 ) Balance as of September 30, 2021 $ 11,497
SCHEDULE OF OPERATING LEASE LIABILITY	As of September 30, 2021, operating lease liability as follow: SCHEDULE OF OPERATING LEASE LIABILITY Lease Liability As of January 1, 2021 $ 48,114 Imputed interest 447 Gross repayment (12,241 ) Foreign exchange translation (34 ) Balance as of March 31, 2021 $ 36,286 Imputed interest 311 Gross repayment (12,114 ) Foreign exchange translation (874 ) Balance as of June 30, 2021 $ 23,609 Imputed interest 177 Gross repayment (12,014 ) Foreign exchange translation (1 ) Balance as of September 30, 2021 11,772 Less: lease liability current portion 11,772
SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION	Maturities of operating lease obligation as follow: SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION Year ending December 31, 2021 11,772 Total $ 11,772
SCHEDULE OF OPERATING LEASE OTHER INFORMATION	Other information: SCHEDULE OF OPERATING LEASE OTHER INFORMATION Year ended September 30, 2021 Year ended December 31, 2020 (Unaudited) (Unaudited) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow from operating lease $ 34,369 $ 45,312 Right-of-use assets obtained in exchange for operating lease liabilities 11,497 48,114 Remaining lease term for operating lease (years) 0.25 1 Weighted average discount rate for operating lease 4.47 % 4.47 %

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTY TRANSACTION	For the period ended September 30, 2021 the Company has the following transactions with related party: SCHEDULE OF RELATED PARTY TRANSACTION For the period ended September 30, 2021 (Unaudited) For the period ended September 30, 2020 (Unaudited) Professional Fees: - Related party A $ 8,000 $ 15,700 Sales - Related party B $ 267,912 $ - Related party C 12,953 - - Related party D 8,364 - Total $ 297,229 $ 15,700

SCHEDULE OF VARIABLE INTEREST E

SCHEDULE OF VARIABLE INTEREST ENTITY (Details)	9 Months Ended
	Sep. 30, 2021
DSwiss Holding Limited [Member]
Company name	DSwiss Holding Limited
Place and date of incorporation	Seychelles, May 28, 2015
Particulars of issued capital	1 share of ordinary share of US$1 each
Principal activities	Investment holding
Proportional of ownership interest and voting power held	100.00%
DSwiss (HK) Limited [Member]
Company name	DSwiss (HK) Limited
Place and date of incorporation	Hong Kong, May 28, 2015
Particulars of issued capital	1 share of ordinary share of HK$1 each
Principal activities	Supply of medical, health and beauty products
Proportional of ownership interest and voting power held	100.00%
DSwiss Sdn Bhd [Member]
Company name	DSwiss Sdn Bhd
Place and date of incorporation	Malaysia, March 10, 2011
Particulars of issued capital	2 shares of ordinary share of RM 1 each
Principal activities	Supply of medical, health and beauty products
Proportional of ownership interest and voting power held	100.00%
DSwiss Biotech Sdn Bhd [Member]
Company name	DSwiss Biotech Sdn Bhd
Place and date of incorporation	Malaysia, March 17, 2016
Particulars of issued capital	250,000 shares of ordinary share of RM 1 each
Principal activities	Supply of biotech products
Proportional of ownership interest and voting power held	40.00%

DESCRIPTION OF BUSINESS AND O_3

DESCRIPTION OF BUSINESS AND ORGANIZATION (Details Narrative)	Sep. 30, 2021
MALAYSIA | DSwiss Biotech Sdn, Bhd [Member]
Equity ownership interest rate percentage	40.00%
DSwiss Holding Limited [Member] | MALAYSIA | DSwiss Sdn Bhd [Member]
Equity ownership interest rate percentage	100.00%
DSwiss Holding Limited [Member] | HONG KONG | DSwiss (HK) Limited [Member]
Equity ownership interest rate percentage	100.00%

GOING CONCERN UNCERTAINTIES (De

GOING CONCERN UNCERTAINTIES (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Going Concern Uncertainties
Accumulated deficit	$ 1,383,091	$ 1,483,170
Net current liabilities	$ 17,512

SUMMARY OF PROPERTY AND EQUIPME

SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE (Details)	9 Months Ended
	Sep. 30, 2021
Computer and Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	5 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	5 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	10 years
Motor Vehicle [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	5 years

SCHEDULE OF FOREIGN CURRENCIES

SCHEDULE OF FOREIGN CURRENCIES TRANSLATION (Details)	Sep. 30, 2021	Sep. 30, 2020
Period-end RM [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate, translation	4.19	4.16
Period-Average RM [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate, translation	4.12	4.22
Period-end HK [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate, translation	7.79	7.75
Period-Average HK [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate, translation	7.77	7.76
Period-end RMB [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate, translation	6.46	6.79
Period-Avereage RMB [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate, translation	6.47	6.99

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Intangible asset, useful life	5 years

VIE STRUCTURE AND ARRANGEMENTS

VIE STRUCTURE AND ARRANGEMENTS (Details Narrative)	Jun. 27, 2016
Management Services Agreement I [Member] | DSwiss (HK) Limited [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Percentage of annual net profit to be received as fee	100.00%

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - shares	Sep. 30, 2021	Dec. 31, 2020
Equity [Abstract]
Common stock shares issued	206,904,600
Common stock shares outstanding	206,904,600	206,904,600
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 197,072	$ 192,819
Accumulated depreciation	(152,627)	(138,371)
Effect of translation exchange	4,143	2,495
Property and equipment, net	40,303	51,953
Computer and Software [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	98,757	96,508
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	6,144	6,144
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	13,118	11,113
Motor Vehicles [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 79,054	$ 79,054

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 4,715	$ 4,738	$ 14,100	$ 13,990

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Trademarks	$ 12,077	$ 12,077
Amortization	(6,619)	(6,101)
Effect of translation exchange	(436)	(411)
Intangible assets, net	$ 5,022	$ 5,565

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 0	$ 260	$ 518	$ 780

SCHEDULE OF OTHER RECEIVABLES,

SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Other Receivable Prepaid Expenses And Deposits
Prepaid expenses	$ 973	$ 1,470
Deposits	22,163	32,134
Total prepaid expenses and deposits	$ 23,136	$ 33,604

SCHEDULE OF INVENTORIES (Detail

SCHEDULE OF INVENTORIES (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Finished goods, at cost	$ 28,792	$ 37,995
Total inventories	$ 28,792	$ 37,995

SCHEDULE OF OTHER PAYABLES AND

SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Other payables	$ 276,480	$ 120,521
Accrued audit fees	12,027	18,831
Accrued other expenses	15,634	20,911
Accrued professional fees	3,627	3,750
Total payables and accrued liabilities	$ 307,768	$ 164,013

SCHEDULE OF OBLIGATION UNDER FI

SCHEDULE OF OBLIGATION UNDER FINANCE LEASE (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Finance Lease Liability
Finance lease	$ 37,285	$ 46,490
Less: interest expense	(2,882)	(4,296)
Total	34,403	42,194
Current portion	8,628	9,876
Non-current portion	$ 25,775	$ 32,318

SCHEDULE OF MATURITIES OF FINAN

SCHEDULE OF MATURITIES OF FINANCE LEASE (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Finance Lease Liability
2021	$ 2,120
2022	8,728
2023	9,129
2024	9,530
2025	4,896
Total	$ 34,403	$ 42,194

FINANCE LEASE LIABILITY (Detail

FINANCE LEASE LIABILITY (Details Narrative)	9 Months Ended
	Sep. 30, 2021
Finance Lease Liability
Finance lease liability effective interest rate	3.73%

SCHEDULE OF COMPONENTS OF INCOM

SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES (Details) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
- Local	$ (25,073)	$ (47,122)
Profit / (Loss) before income tax	86,845	(3,027)
SEYCHELLES
PRC	(1,427)	(1,593)
HONG KONG
PRC	(4,567)	(1,879)
MALAYSIA
PRC	117,912	40,861
People's Republic of China (PRC) [Member]
PRC		$ 6,706

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAXES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Current:
- Local
- Foreign			2,864
Deferred:
- Local
- Foreign
Income tax expense	$ 2,864		$ 2,864

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	9 Months Ended
	Sep. 30, 2021USD ($)
United States of America [Member]
Operating Loss Carryforwards [Line Items]
Cumulative net operating losses	$ 410,622
Income tax rate	21.00%
Net operating loss carryforwards expire	The net operating loss carry forwards begin to expire in 2038, if unutilized.
Valuation allowance	$ 86,231
Hong Kong [Member] | DSwiss (HK) Limited [Member]
Operating Loss Carryforwards [Line Items]
Cumulative net operating losses	$ 626,782
Income tax rate	16.50%
Valuation allowance	$ 103,419
Percentage of statutory income rate	16.50%
Malaysia [Member] | DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd [Member]
Operating Loss Carryforwards [Line Items]
Cumulative net operating losses	$ 354,782
Valuation allowance	$ 60,313
Percentage of statutory income rate	17.00%
Malaysia [Member] | DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Percentage of statutory income rate	17.00%
Malaysia [Member] | DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Percentage of statutory income rate	24.00%

SCHEDULE OF CONCENTRATIONS OF R

SCHEDULE OF CONCENTRATIONS OF RISKS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Concentration Risk [Line Items]
Revenues	$ 729,180	$ 249,705	$ 1,277,102	$ 998,157
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration Risk [Line Items]
Revenues	$ 448,788	$ 120,988	$ 723,743	$ 293,377
Percentage of revenues	61.00%	49.00%	57.00%	29.00%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Concentration Risk [Line Items]
Revenues		$ 64,637		$ 120,988
Percentage of revenues		26.00%		12.00%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Concentration Risk [Line Items]
Revenues				$ 115,068
Percentage of revenues				11.00%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Customer D [Member]
Concentration Risk [Line Items]
Revenues	$ 135,382		$ 267,912
Percentage of revenues	19.00%		21.00%
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Four Customers [Member]
Concentration Risk [Line Items]
Revenues	$ 584,170	$ 185,625	$ 991,655	$ 529,433
Percentage of revenues	80.00%	75.00%	78.00%	52.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer D [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	72,465		72,465
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Four Customers [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	$ 72,465		$ 72,465
Cost of Goods and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Vendor A [Member]
Concentration Risk [Line Items]
Percentage of revenues		13.00%		28.00%
Purchase		$ 21,309		$ 207,732
Account Payable, trade
Cost of Goods and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Vendor B [Member]
Concentration Risk [Line Items]
Percentage of revenues	43.00%	13.00%	53.00%	16.00%
Purchase	$ 252,888	$ 20,480	$ 505,129	$ 122,841
Account Payable, trade	$ 15,396		$ 15,396
Cost of Goods and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Vendor C [Member]
Concentration Risk [Line Items]
Percentage of revenues		11.00%		14.00%
Purchase		$ 17,994		$ 105,953
Account Payable, trade
Cost of Goods and Service Benchmark [Member] | Supplier Concentration Risk [Member] | Three Vendors [Member]
Concentration Risk [Line Items]
Percentage of revenues	43.00%	37.00%	53.00%	58.00%
Purchase	$ 252,888	$ 59,783	$ 505,129	$ 436,526
Account Payable, trade
Accounts Payable [Member] | Supplier Concentration Risk [Member] | Vendor A [Member]
Concentration Risk [Line Items]
Account Payable, trade
Accounts Payable [Member] | Supplier Concentration Risk [Member] | Vendor B [Member]
Concentration Risk [Line Items]
Account Payable, trade	15,396		15,396
Accounts Payable [Member] | Supplier Concentration Risk [Member] | Vendor C [Member]
Concentration Risk [Line Items]
Account Payable, trade
Accounts Payable [Member] | Supplier Concentration Risk [Member] | Three Vendors [Member]
Concentration Risk [Line Items]
Account Payable, trade	$ 15,396		$ 15,396

SCHEDULE OF OPERATING LEASE RIG

SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET (Details) - USD ($)	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Lease Right-of-use Asset And Lease Liabilities
Right-Of-Use Assets, Balance	$ 23,054	$ 35,429	$ 47,653
Amortization	(11,366)	(11,875)	(11,744)
Foreign exchange translation	(191)	(500)	(480)
Right-Of-Use Assets, Balance	$ 11,497	$ 23,054	$ 35,429

SCHEDULE OF OPERATING LEASE LIA

SCHEDULE OF OPERATING LEASE LIABILITY (Details) - USD ($)	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Lease Right-of-use Asset And Lease Liabilities
Lease Liability, Balance	$ 23,609	$ 36,286	$ 48,114
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	177	311	447
Operating Lease, Payments	(12,014)	(12,114)	(12,241)
Foreign exchange translation	(1)	(874)	(34)
Lease Liability, Balance	11,772	$ 23,609	$ 36,286
Less: lease liability current portion	$ 11,772			$ 48,114

SCHEDULE OF MATURITIES OF OPERA

SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION (Details)	Sep. 30, 2021USD ($)
Lease Right-of-use Asset And Lease Liabilities
December 31, 2021	$ 11,772
Total	$ 11,772

SCHEDULE OF OPERATING LEASE OTH

SCHEDULE OF OPERATING LEASE OTHER INFORMATION (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Lease Right-of-use Asset And Lease Liabilities
Operating cash flow from operating lease	$ 34,369	$ 45,312
Right-of-use assets obtained in exchange for operating lease liabilities	$ 11,497	$ 48,114
Remaining lease term for operating lease (years)	3 months	1 year
Weighted average discount rate for operating lease	4.47%	4.47%

LEASE RIGHT-OF-USE ASSET AND _3

LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Details Narrative) - USD ($)	3 Months Ended				9 Months Ended	12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Dec. 31, 2020	Jan. 01, 2019
Operating Lease, Liability	$ 11,772	$ 23,609	$ 36,286		$ 11,772	$ 48,114
Amortization of the operating lease right of use asset	11,366	$ 11,875	$ 11,744
Accounting Standards Update 2016-02 [Member]
Operating Lease, Liability							$ 136,308
Discount rate of lease payment							4.47%
Amortization of the operating lease right of use asset	$ 11,366			$ 11,208
Operating Lease, Expense					$ 34,369	$ 45,312

SCHEDULE OF RELATED PARTY TRANS

SCHEDULE OF RELATED PARTY TRANSACTION (Details) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Related Party Transaction [Line Items]
Professional Fees	$ 8,000	$ 15,700
Related Party Transaction, Amounts of Transaction	297,229	15,700
Related Party B [Member]
Related Party Transaction [Line Items]
Sales	267,912
Related Party C [Member]
Related Party Transaction [Line Items]
Sales	12,953
Related Party D [Member]
Related Party Transaction [Line Items]
Sales	$ 8,364

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)	Sep. 30, 2021
Related Party A [Member]
Equity method investment ownership percentage	7.33%

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Retained Earnings (Accumulated Deficit)	$ 1,383,091	$ 1,483,170
Net current liabilities	$ 17,512