Doers Education Asean 10-K 30 Mar 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 25, 2020	Jun. 30, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Doers Education Asean Ltd
Entity Central Index Key	0001672885
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Shell Company	true
Entity File Number	000-55630
Entity Interactive Data Current	Yes
Entity Incorporation State Country Code	DE
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		20,390,000

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 3,374	$ 6,989
Total Assets	3,374	6,989
Current Liabilities
Accrued liabilities	7,250	4,175
Due to a related party	94,869	79,899
Total Liabilities	102,119	84,074
Stockholders' Deficit
Preferred stock, $0.0001 par value 20,000,000 shares authorized; none issued and outstanding at December 31, 2019 and 2018, respectively
Common stock, $0.0001 par value, 10,000,000,000 shares authorized; 20,390,000 and 20,390,000 shares issued and outstanding at December 31, 2019 and 2018, respectively	2,039	2,039
Discount on common stock	(2,000)	(2,000)
Additional paid-in capital	1,606	1,606
Accumulated deficit	(100,390)	(78,730)
Total stockholders' deficit	(98,745)	(77,085)
Total Liabilities and Stockholders' Deficit	$ 3,374	$ 6,989

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	10,000,000,000	10,000,000,000
Common stock, shares issued	20,390,000	20,390,000
Common stock, shares outstanding	20,390,000	20,390,000

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Revenue
Cost of Revenues
Gross Profit
Operating expenses	21,668	23,706
Other Income	(8)	(21)
Loss before income taxes	(21,660)	(23,685)
Income Tax Expense
Net loss	$ (21,660)	$ (23,685)
Loss per share - basic and diluted	$ 0	$ 0
Weighted average shares- basic and diluted	20,390,000	20,433,836

Statements of Stockholders' Def

Statements of Stockholders' Deficit - USD ($)	Common Stock	Discount on Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2017	$ 2,064	$ (2,000)	$ 1,606	$ (55,045)	$ (53,375)
Balance, shares at Dec. 31, 2017	20,640,000
Redemption of common stock	$ (25)				(25)
Redemption of common stock, shares	(250,000)
Net loss				(23,685)	(23,685)
Balance at Dec. 31, 2018	$ 2,039	(2,000)	1,606	(78,730)	(77,085)
Balance, shares at Dec. 31, 2018	20,390,000
Net loss				(21,660)	(21,660)
Balance at Dec. 31, 2019	$ 2,039	$ (2,000)	$ 1,606	$ (100,390)	$ (98,745)
Balance, shares at Dec. 31, 2019	20,390,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
OPERATING ACTIVITIES
Net loss	$ (21,660)	$ (23,685)
Changes in Operating Assets and Liabilities:
Accrued liabilities	3,075	(6,375)
Net cash used in operating activities	(18,585)	(30,060)
FINANCING ACTIVITIES
Net proceeds from a related party	14,970	37,010
Payments made to a stockholder to redeem common stock		(25)
Net cash provided by financing activities	14,970	36,985
Net (decrease) increase in cash	(3,615)	6,925
Cash, beginning of period	6,989	64
Cash, end of period	3,374	6,989
Cash paid during the period for:
Income tax
Interest

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NATURE OF OPERATIONS Doers Education Asean Limited (the "Company") was incorporated on April 4, 2016 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original stockholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934. BASIS OF PRESENTATION The summary of significant accounting policies presented below is designed to assist in understanding the Company's financial statements. Such financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("GAAP") in all material respects and have been consistently applied in preparing the accompanying financial statements. USE OF ESTIMATES The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of December 31, 2019 and 2018, the Company had cash on hand and in bank of $3,374 and $6,989, respectively. CONCENTRATION OF CREDIT RISK Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company maintains its cash in bank in Taiwan where the standard deposit insurance coverage limit is approximately $100,627 (NT$3 million). The Company's bank balance did not exceed the insured amounts as of December 31, 2019 and 2018, respectively. INCOME TAXES Under ASC 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2019 and 2018, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. LOSS PER COMMON SHARE Basic loss per common share excludes dilution and is computed by dividing net loss with the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2019 and 2018, there are no outstanding dilutive securities. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company considers the recorded value of its financial assets and liabilities, which consist primarily of cash, accrued expenses and due to a related party to approximate the fair value of the respective assets and liabilities at December 31, 2019 and 2018 based upon the short-term nature of the assets and liabilities. RECENT ACCOUNTING PRONOUNCEMENTS The management believe the recently issued but not yet adopted accounting pronouncements will not have a material impact on its financial position results of operations or cash flows.

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2019
Going Concern [Abstract]
GOING CONCERN	NOTE 2 - GOING CONCERN The Company has not yet generated any revenue since inception to date and has sustained operating loss of $21,660 and $23,685 during the years ended December 31, 2019 and 2018, respectively. The Company had a working capital deficit of $98,745 and an accumulated deficit of $100,390 as of December 31, 2019 and a working capital deficit of $77,085 and an accumulated deficit of $78,730 as of December 31, 2018. The Company's continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company's ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2019
Accrued Liabilities [Abstract]
ACCRUED LIABILITIES	NOTE 3 - ACCRUED LIABILITIES As of December 31, 2019 and 2018, the Company had accrued professional fees of $7,250 and $4,175, respectively.

Due to a Related Party

Due to a Related Party	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
DUE TO A RELATED PARTY	NOTE 4 - DUE TO A RELATED PARTY Due to a related party amounted to $94,869 and $79,899 as of December 31, 2019 and 2018 was due to Lin Wei-Hsien, the director and major stockholder of the Company. The amount due to related party is interest free, with no collateral, and due on demand.

Stockholders' Deficit

Stockholders' Deficit	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
STOCKHOLDERS' DEFICIT	NOTE 5 - STOCKHOLDERS' DEFICIT The Company is authorized to issue 10,000,000,000 shares of common stock and 20,000,000 shares of preferred stock. On March 21, 2017, the Company increased its authorized shares of common stock from 100,000,000 shares to 10,000,000,000. On April 4, 2016, the Company issued 20,000,000 founders common stock to two directors and officers at par and at discount of $2,000. On July 24, 2016, the Company redeemed an aggregate of 19,500,000 of the then 20,000,000 shares of outstanding stock at a redemption price of $.0001 per share. On July 25, 2016, the Company issued 19,500,000 shares of its common stock pursuant to Section 4(2) of the Securities Act of 1933 at par and at a discount of $1,950 representing 97.5% of the total outstanding 19,000,000 shares of common stock to Lin Wei-Hsien and 500,000 shares to DazMc Securities. DazMc Securities works with Lin Wei-Hsien together as stockholders and management of the Company. On September 30, 2016, the Company issued 640,000 shares of its common stock to 38 stockholders for $64 at par value. On March 6, 2018, the Company repurchased 250,000 shares from its stockholder for $25. The 250,000 shares were cancelled. As of December 31, 2019, 20,390,000 shares of common stock and no preferred stock were issued and outstanding.

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENT	NOTE 6 - SUBSEQUENT EVENT Management has evaluated subsequent events through March 25, 2020, the date that the financial statements were issued. All subsequent events requiring recognition as of December 31, 2019 have been incorporated into these financial statements and there are no subsequent events that require disclosure in the financial statements.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
NATURE OF OPERATIONS	NATURE OF OPERATIONS Doers Education Asean Limited (the "Company") was incorporated on April 4, 2016 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original stockholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.
BASIS OF PRESENTATION	BASIS OF PRESENTATION The summary of significant accounting policies presented below is designed to assist in understanding the Company's financial statements. Such financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("GAAP") in all material respects and have been consistently applied in preparing the accompanying financial statements.
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 reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of December 31, 2019 and 2018, the Company had cash on hand and in bank of $3,374 and $6,989, respectively.
CONCENTRATION OF CREDIT RISK	CONCENTRATION OF CREDIT RISK Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company maintains its cash in bank in Taiwan where the standard deposit insurance coverage limit is approximately $100,627 (NT$3 million). The Company's bank balance did not exceed the insured amounts as of December 31, 2019 and 2018, respectively.
INCOME TAXES	INCOME TAXES Under ASC 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2019 and 2018, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.
LOSS PER COMMON SHARE	LOSS PER COMMON SHARE Basic loss per common share excludes dilution and is computed by dividing net loss with the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2019 and 2018, there are no outstanding dilutive securities.
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company considers the recorded value of its financial assets and liabilities, which consist primarily of cash, accrued expenses and due to a related party to approximate the fair value of the respective assets and liabilities at December 31, 2019 and 2018 based upon the short-term nature of the assets and liabilities.
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS The management believe the recently issued but not yet adopted accounting pronouncements will not have a material impact on its financial position results of operations or cash flows.

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Cash and cash equivalents	$ 3,374	$ 6,989	$ 64
Standard deposit insurance coverage limit	100,627
NT [Member]
Nature of Operations and Summary of Significant Accounting Policies (Textual)
Standard deposit insurance coverage limit	$ 3,000,000

Going Concern (Details)

Going Concern (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Going Concern (Textual)
Sustained operating loss	$ (21,660)	$ (23,685)
Working capital deficit	98,745	77,085
Accumulated deficit	$ (100,390)	$ (78,730)

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Accrued Liabilities (Textual)
Accrued professional fees	$ 7,250	$ 4,175

Due to a Related Party (Details

Due to a Related Party (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Due to related party	$ 94,869	$ 79,899

Stockholders' Deficit (Details)

Stockholders' Deficit (Details) - USD ($)	Mar. 06, 2018	Apr. 04, 2016	Mar. 21, 2017	Jul. 25, 2016	Jul. 24, 2016	Dec. 31, 2019	Dec. 31, 2018	Sep. 30, 2016
Class of Stock [Line Items]
Common stock, shares authorized						10,000,000,000	10,000,000,000
Preferred stock, shares authorized						20,000,000	20,000,000
Common stock, shares issued				19,500,000		20,390,000	20,390,000
Common stock, shares outstanding						20,390,000	20,390,000
Repurchased shares from shareholders	250,000
Repurchased value from shareholders	$ 25
Shares canceled	250,000
Discount				$ 1,950
Aggregate redeemed shares					19,500,000
Redemption price, per share | $ / shares					$ 0.0001
Redeemed, shares outstanding					20,000,000
Percentage of common stock, shares outstanding				97.50%
Common stock, par value						$ 0.0001	$ 0.0001
Director And Officers [Member]
Class of Stock [Line Items]
Founders common stock issued		$ 20,000,000
Discount		$ 2,000
DazMc Securities [Member]
Class of Stock [Line Items]
Common stock, shares issued				500,000
Lin Wei-Hsien [Member]
Class of Stock [Line Items]
Common stock, shares issued				19,000,000
Shareholder [Member]
Class of Stock [Line Items]
Common stock, shares issued								640,000
Common stock, par value								$ 64
Minimum [Member]
Class of Stock [Line Items]
Increase in authorized shares of common stock			100,000,000
Maximum [Member]
Class of Stock [Line Items]
Increase in authorized shares of common stock			10,000,000,000