| Document and Entity Information - USD ($) | 9 Months Ended | |
| Sep. 30, 2017 | Jun. 30, 2017 | |
| Document and Entity Information: | ||
| Entity Registrant Name | Crona Corp. | |
| Document Type | 10-Q | |
| Document Period End Date | Sep. 30, 2017 | |
| Trading Symbol | cccp | |
| Amendment Flag | false | |
| Entity Central Index Key | 1,696,411 | |
| Current Fiscal Year End Date | --12-31 | |
| Entity Common Stock, Shares Outstanding | 6,087,500 | |
| Entity Public Float | $ 0 | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Current Reporting Status | Yes | |
| Entity Voluntary Filers | Yes | |
| Entity Well-known Seasoned Issuer | No | |
| Document Fiscal Year Focus | 2,017 | |
| Document Fiscal Period Focus | Q3 |
| Balance Sheets - USD ($) | Sep. 30, 2017 | Dec. 31, 2016 |
| Assets, Current | ||
| Cash and Cash Equivalents, at Carrying Value | $ 209 | $ 214 |
| Prepaid Expense, Current | 2,770 | 1,613 |
| Assets, Current | 2,979 | 1,827 |
| Assets, Noncurrent | ||
| Property and Equipment, Net | 22,149 | 4,850 |
| Assets | 25,128 | 6,677 |
| Liabilities, Noncurrent | ||
| Related party loan, Noncurrent | 8,300 | 2,600 |
| Liabilities | 8,300 | 2,600 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | ||
| Common Stock, Value, Issued | 6,088 | 5,000 |
| Additional Paid in Capital, Common Stock | 31,402 | |
| Retained Earnings (Accumulated Deficit) | (20,662) | (923) |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $ 16,828 | $ 4,077 |
| Stockholders' Equity, Number of Shares, Par Value and Other Disclosures | ||
| Common Stock, Shares Authorized | 75,000,000 | 75,000,000 |
| Common Stock, Shares Issued | 6,087,500 | 5,000,000 |
| Common Stock, Shares Outstanding | 6,087,500 | 5,000,000 |
| Liabilities and Equity | $ 25,128 | $ 6,677 |
| Balance Sheet - Parenthetical - $ / shares | Sep. 30, 2017 | Dec. 31, 2016 |
| Balance Sheets | ||
| Common Stock, Par Value | $ 0.00001 | $ 0.00001 |
| Common Stock, Shares Authorized | 75,000,000 | 75,000,000 |
| Common Stock, Shares Issued | 6,087,500 | 5,000,000 |
| Condensed Statement of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended |
| Sep. 30, 2017 | Sep. 30, 2017 | |
| Revenues | ||
| Sales Revenue, Goods, Net | $ 27,800 | $ 36,210 |
| Revenues | 27,800 | 36,210 |
| Operating Expenses | ||
| Business Licenses and Permits, Operating | 0 | 0 |
| General and Administrative Expense | 28,129 | 55,949 |
| Total Operating Expenses | 28,129 | 55,949 |
| Net loss from operations | (329) | (19,739) |
| Interest and Debt Expense | ||
| Provision for Income Taxes (Benefit) | 0 | 0 |
| Net Income (Loss) | $ (329) | $ (19,739) |
| Earnings Per Share | ||
| Weighted Average Number of Shares Outstanding, Diluted | 6,087,500 | 5,557,560 |
| Earnings Per Share, Basic and Diluted | $ 0 | $ 0 |
| Condensed Statements of Cash Flows (unaudited) | 9 Months Ended |
| Sep. 30, 2017USD ($) | |
| Net Cash Provided by (Used in) Operating Activities | |
| Net loss for the period | $ (19,739) |
| Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities | |
| Depreciation, Depletion and Amortization | 1,326 |
| Prepaid (Expense) | (1,157) |
| Increase (Decrease) in Operating Liabilities | |
| Net Cash Provided by (Used in) Operating Activities | (19,570) |
| Net Cash Provided by (Used in) Investing Activities | |
| Payments to Acquire Property, Plant, and Equipment | (18,625) |
| Prepaid expenses | 0 |
| Net Cash Provided by (Used in) Investing Activities | (18,625) |
| Net Cash Provided by (Used in) Financing Activities | |
| Proceeds from (Repayments of) Related Party Debt | 5,700 |
| Proceeds from Issuance of Common Stock | 32,490 |
| Net Cash Provided by (Used in) Financing Activities | 38,190 |
| Cash and Cash Equivalents, Period Increase (Decrease) | (5) |
| Cash and Cash Equivalents, at Carrying Value | 214 |
| Cash and Cash Equivalents, at Carrying Value | $ 209 |
| Note 1 - Organization and Nature of Business | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 1 - Organization and Nature of Business | Note 1 ORGANIZATION AND NATURE OF BUSINESS Crona Corp. (the Company) was incorporated in the State of Nevada on October 6, 2016, for the purpose of quality sound recording needs. The Company is located in Romania. Office address is C. A. Rosetti 15, Bucharest, 30167, Romania. |
| Note 2 - Going Concern | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 2 - Going Concern | Note 2 GOING CONCERN The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States (GAAP), which contemplate continuation of the Company as a going concern. The Company had revenues of $36,210 as of September 30, 2017. The Company currently has losses of $19,739 and $923 for the nine months ended September 30, 2017 and the period from inception (October 6, 2016) to December 31, 2016, respectively, and has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Companys ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of managements efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. |
| Note 3 - Summary of Signifcant Accounting Policies | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 3 - Summary of Signifcant Accounting Policies | Note 3 SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES Basis of presentation The accompanying financial statements have been prepared in accordance with GAAP. The Companys year-end is December 31. 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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash E ui v lents T e C m a c nsi ers all i ly li i inves m e ts wit ori i a m ritie o thre m t les to s e q i a le t Income Taxes Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Equipment Equipment is stated at cost, net of accumulated depreciation. The cost of equipment is depreciated using the straight-line method over 5 years. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the equipment's useful life are capitalized. Equipment sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income. Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (ASC) 605, Revenue Recognition. ASC 605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Since inception to September 30, 2017, the Company has generated $36,210 revenue. Advertising The Company expenses advertising costs as incurred. During the nine months ended September 30, 2017 the Company incurred $7,950 of advertising expenses. Basic Income (Loss) Per Share The Company computes income (loss) per share in accordance with ASC 260 Earnings per Share. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of September 30, 2017, there were no potentially dilutive debt or equity instruments issued or outstanding. |
| Note 4 - Property and Equipment, Net | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 4 - Property and Equipment, Net | Note 4 PROPERTY AND EQUIPMENT, NET September 30, 2017 December 31, 2016 Equipment $23,475 $4,850 Accumulated Depreciation (1,326) (-) Equipment, net $22,149 $4,850 Depreciation expense for the nine months ended September 30, 2017 was $1,326. |
| Note 5 - Related Party Transactions | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 5 - Related Party Transactions | Note 5 RELATED PARTY TRANSACTIONS The Companys sole director has loaned to the Company $8,300. This loan is unsecured, non-interest bearing and due on demand. |
| Note 6 - Commitments and Contingencies | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 6 - Commitments and Contingencies | Note 6 COMMITMENTS AND CONTINGENCIES The Company has entered into a one year rental agreement for a $225 monthly fee, starting on December 1, 2016. The future minimum lease payments under this lease are $2,475 during 2017. For the nine months ended September 30, 2017 rent expenses was $2,025. From time-to-time, the Company is subject to various litigation and other claims in the normal course of business. The Company establishes liabilities in connection with legal actions that management deems to be probable and estimable. No amounts have been accrued in the financial statements with respect to any matters. |
| Note 7 - Income Taxes | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 7 - Income Taxes | Note 7 INCOME TAXES The Company adopted the provisions of uncertain tax positions as addressed in ASC 740 Income Taxes (ASC 740). As a result of the implementation of ASC 740, the Company recognized no increase in the liability for unrecognized tax benefits. As of September 30, 2017, the Company had net operating loss carry forwards of approximately $20,662 that may be available to reduce future years taxable income in varying amounts through 2031. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. The valuation allowance at September 30, 2017 was approximately $7,025. The net change in valuation allowance for the nine months ended September 30, 2017 was $6,711. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized. The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of September 30, 2017. All tax years since inception remains open for examination by taxing authorities. The provision for Federal income tax consists of the following: As of September 30, 2017 As of December 31, 2016 Non-current deferred tax assets: Net operating loss carry forward $ (7,025) (314) Valuation allowance $ 7,025 314 Net deferred tax assets $ - - The actual tax benefit at the expected rate of 34% differs from the expected tax benefit for the nine months ended September 30, 2017 as follows: As of September 30, 2017 As of December 31, 2016 Computed expected tax expense (benefit) $ (6,711) (314) Change in valuation allowance $ 6,711 314 Actual tax expense (benefit) $ - - The related deferred tax benefit on the above unutilized tax losses has a full valuation allowance not recognized against it as there is no certainty of its realization. Management has evaluated tax positions in accordance with ASC 740 and has not identified any significant tax positions, other than those disclosed. |
| Note 8 - Subsequent Events | 9 Months Ended |
| Sep. 30, 2017 | |
| Notes | |
| Note 8 - Subsequent Events | Note 8 SUBSEQUENT EVENTS In accordance with ASC 855, Subsequent Events, the Company has analyzed its operations subsequent to September 30, 2017 to the date of the filing, and has determined that it does not have any material subsequent events to disclose in these financial statements. |
