Crona (CCCP) 10-K 1 Apr 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 31, 2021
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Registrant Name	CRONA CORP.
Entity Central Index Key	0001696411
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Public Float		$ 0
Entity Common Stock, Shares Outstanding		6,087,500
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	No
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Current Assets
Prepaid expenses	$ 6,886	$ 0
Total Current Assets	6,886	0
Long-term Assets
Deposit for website	2,000	0
Total Long-term Assets	2,000	0
Total Assets	8,886	0
Current Liabilities
Accounts payable	390	2,800
Related party advances	35,358	0
Total Current Liabilities	35,748	2,800
Total Liabilities	35,748	2,800
Commitments and contingencies (Note 5)
Stockholders' Deficit
Common stock, par value $0.001; 75,000,000 shares authorized, 6,087,500 shares issued and outstanding	6,088	6,088
Additional paid in capital	$ 31,403	$ 31,403
Accumulated deficit	(64,353)	(40,291)
Total Stockholders' Deficit	(26,862)	(2,800)
Total Liabilities and Stockholders' Deficit	$ 8,886	$ 0

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	75,000,000	75,000,000
Common stock shares issued and outstanding	6,087,500	6,087,500

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
REVENUES	$ 0	$ 0
OPERATING EXPENSES
Professional fees	26,691	1,200
General and administrative expenses	371	0
TOTAL OPERATING EXPENSES	27,062	1,200
Gain on forgiveness of debt	3,000	0
NET LOSS FROM OPERATIONS	(24,062)	(1,200)
PROVISION FOR INCOME TAXES	0	0
NET LOSS	$ (24,062)	$ (1,200)
NET LOSS PER SHARE: BASIC AND DILUTED	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	6,087,500	6,087,500

STATEMENTS OF STOCKHOLDERS' DEF

STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit
Balance at Dec. 31, 2018	$ (1,600)	$ 6,088	$ 31,403	$ (39,091)
Balance (in shares) at Dec. 31, 2018		6,087,500
Net loss	(1,200)			(1,200)
Balance at Dec. 31, 2019	(2,800)	$ 6,088	31,403	(40,291)
Balance (in shares) at Dec. 31, 2019		6,087,500
Net loss	(24,062)			(24,062)
Balance at Dec. 31, 2020	$ (26,862)	$ 6,088	$ 31,403	$ (64,353)
Balance (in shares) at Dec. 31, 2020		6,087,500

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (24,062)	$ (1,200)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on forgiveness of debt	(3,000)	0
Changes in operating assets and liabilities:
Prepaid expenses	(6,886)	0
Accounts payable	(2,410)	1,200
CASH FLOWS FROM OPERATING ACTIVITIES	(36,358)	0
CASH FLOWS FROM INVESTING ACTIVITIES
Deposit for website	(2,000)	0
CASH FLOWS FROM INVESTING ACTIVITIES	(2,000)	0
CASH FLOWS FROM FINANCING ACTIVITIES
Related party advances	38,358	0
CASH FLOWS FROM FINANCING ACTIVITIES	38,358	0
NET INCREASE (DECREASE) IN CASH	0	0
Cash, beginning of period	0	0
Cash, end of period	0	0
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	0	0
Income taxes paid	$ 0	$ 0

- ORGANIZATION AND NATURE OF BU

- ORGANIZATION AND NATURE OF BUSINESS	12 Months Ended
	Dec. 31, 2020
- ORGANIZATION AND NATURE OF BUSINESS [Abstract]
- 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. Crona Corp. was established for the purpose of quality sound recording needs. The Company is located in Romania and began its operations in early 2017. The Company provides recording, studio and engineer/producer services for record labels, music producers and recording artists.

- GOING CONCERN

- GOING CONCERN	12 Months Ended
	Dec. 31, 2020
- GOING CONCERN [Abstract]
- GOING CONCERN	Note 2 - GOING CONCERN The accompanying financial statements have been prepared in conformity with Generally Accepted Accounting Principles (GAAP), which contemplate continuation of the Company as a going concern. The Company generated no revenues for the year ended December 31, 2020. The Company currently has losses of $24,062 and $1,200 for the years ended December 31, 2020 and 2019, 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 Company's 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 management's 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. Any results of financial impact of the COVID-19 pandemic cannot be reasonably estimated now but it may have a material adverse impact on our results of operations and business.

- SUMMARY OF SIGNIFCANT ACCOUNT

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES [Abstract]
- 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 Company's 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 Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. 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. Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “ Revenue from Contracts with Customers ”. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to the performance obligations in the contract. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. 16 Crona Corp. NOTES TO THE FINANCIAL STATEMENTS December 31, 2020 and 2019 An entity must also disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers, including qualitative and quantitative information about contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. The contract between the Company and the customer is signed without specific quantity of service to be used from the date of signing. The revenue depends on the hours spent on the recording services. The rates of the specific services are set out in the contract. The Company's revenues are recognized at a point-in-time as ownership of track, mix or master (when it is approved by the customer) is transferred at a distinct point in time per the terms of a contract. The Company shall not be liable for any failure to perform its obligations if such failure is due to circumstances beyond its reasonable control. Any liability of the Company shall be limited to the total of all amounts paid by the customer for services under the contract. Basic Income (Loss) Per Share The Company computes income (loss) per share in accordance with ASC 606. 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 December 31, 2020, there were no potentially dilutive debt or equity instruments issued or outstanding. Leases In February 2016, ASC Topic 842, Leases , was issued to replace the leases requirements in ASC Topic 840, Leases . The main difference between previous GAAP and ASC Topic 842 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from that applied under previous GAAP. On January 1, 2019, the Company adopted the new guidance. As permitted under the new guidance, the Company has made the accounting policy election not to apply the recognition provisions of the new guidance to short term leases; instead, the Company will recognize the lease payments for short term leases on a straight-line basis over the lease term. Recent Accounting Pronouncements There have been no recent accounting pronouncements or changes in accounting pronouncements during the year ended December 31, 2020, that are of significance or potential significance to the Company.

- RELATED PARTY TRANSACTIONS

- RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2020
- RELATED PARTY TRANSACTIONS [Abstract]
- RELATED PARTY TRANSACTIONS	Note 4 - RELATED PARTY TRANSACTIONS For the year ended December 31, 2020 our sole director Andrei Gurduiala has advanced to the Company $33,358. This advance is unsecured, non-interest bearing and due on demand. In March 2020, a $3,000 advance from Robert T. Malasek, former Director, was forgiven and is included on the statements of operations as a gain on forgiveness of debt.

- COMMITMENTS AND CONTINGENCIES

- COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2020
- COMMITMENTS AND CONTINGENCIES [Abstract]
- COMMITMENTS AND CONTINGENCIES	Note 5 - COMMITMENTS AND CONTINGENCIES In November 20, 2020, the Company has entered into a new rental agreement for a $371 monthly fee, starting on December 1, 2020, for a period of one year. For the years ended December 31, 2020 and 2019 rent expense was $371 and $0, respectively. 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. 17 Crona Corp. NOTES TO THE FINANCIAL STATEMENTS December 31, 2020 and 2019

- INCOME TAXES

- INCOME TAXES	12 Months Ended
	Dec. 31, 2020
- INCOME TAXES [Abstract]
- INCOME TAXES	Note 6 - 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 December 31, 2020, the Company had net operating loss carry forwards of approximately $14,102 that may be available to reduce future years' taxable income in varying amounts through 2041. 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 December 31, 2020 and 2019 was $13,514 and $8,581, respectively. The net change in valuation allowance during the years ended December 31, 2020 and 2019 was $4,933 and $252, respectively. 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 December 31, 2020. All tax years since inception remain open for examination by taxing authorities. The provision for Federal income tax consists of the following: As of December 31, 20 20 As of December 31, 2019 Non-current deferred tax assets: Net operating loss carry forward $ (13,514) $ (8,581) Valuation allowance 13,514 8,581 Net deferred tax assets $ - $ - The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the years ended December 31, 2020 and 2019 as follows: As of December 31, 20 20 As of December 31, 2019 Computed “expected” tax expense (benefit) $ (4,933) $ (252) Change in valuation allowance 4,933 252 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.

- SUBSEQUENT EVENTS

- SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2020
- SUBSEQUENT EVENTS [Abstract]
- SUBSEQUENT EVENTS	Note 7 - SUBSEQUENT EVENTS In accordance with ASC 855-10, the Company has analyzed its operations subsequent to December 31, 2020, through the date when financial statements were issued, and has determined that it does not have any material subsequent events to disclosure in these financial statements. 18 Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure None. Item 9A(T). Controls and Procedures Management's Report on Disclosure Controls and Procedures Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)). The Company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, the Company conducted an evaluation of the effectiveness of the Company's internal control over financial reporting as of December 31, 2019 using the criteria established in “Internal Control - Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO"). A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of December 31, 2020 the Company determined that there were control deficiencies that constituted material weaknesses, as described below. We do not have an Audit Committee - While not being legally obligated to have an audit committee, it is management's view that such a committee, including a financial expert member, is an utmost important entity level control over the Company's financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management's activities. We did not maintain appropriate cash controls - As of December 31, 2020, the Company has not maintained sufficient internal controls over financial reporting for the cash process, including failure to segregate cash handling and accounting functions, and did not require dual signature on the Company's bank accounts. Alternatively, the effects of poor cash controls were mitigated by the fact that the Company had limited transactions in their bank accounts. We did not implement appropriate information technology controls - As at December 31, 2020, the Company retains copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of the Company's data or off-site storage of data in the event of theft, misplacement, or loss due to unmitigated factors. Accordingly, the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the company's internal controls. As a result of the material weaknesses described above, management has concluded that the Company did not maintain effective internal control over financial reporting as of December 31, 2020 based on criteria established in Internal Control-Integrated Framework issued by COSO. Changes in Internal Control over Financial Reporting There has been no change in our internal control over financial reporting identified in connection with our evaluation we conducted of the effectiveness of our internal control over financial reporting as of December 31, 2020, that occurred during our fourth fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. 19 This annual report does not include an attestation report of the Company's registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Company's registered public accounting firm pursuant to temporary rules of the SEC that permit the Company to provide only management's report in this annual report. PART III Item 10. Directors, Executive Officers, Promoters and Control Persons of the Company DIRECTORS AND EXECUTIVE OFFICERS March 20, 2020, our board appointed initial Incorporator of the Company Andrei Gurduiala as a Director, President, Treasurer and Secretary of the Company. As of date these financial statements were issued, our board of directors is comprised of one person: Andrei Gurduiala. Biographical Information and Background of officer and director Andrei Gurduiala Mr. Gurduiala has served as our President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director since October 6, 2016 to March 21, 2018 and from March 20, 2020 till the present. Our sole officer and director background mainly contains from following: Experience: Band group “New Emblem”, Bucharest 2005-2007- nylon guitar player, sometimes plays the drums “Ancris” IT Company, Bucharest 2007-2010- worked with the software program for background music “Soundgroup” Company, Bucharest 2010-2012- mixering and mastering of electronic tracks “One Wave Production” Studio, Bucharest 2012-2016- music producer for solo musician and music bands Education: 1995-1998-Graduated from Stefan Neaga College of Music, Chisinau city, Moldova Profession: guitar and piano musician 2000-2005- National University of Music Bucharest (UNMB), ElectroAcoustical Music and Multimedia, Bucharest Profession: master of sound digital interactions Achievements: Organized local concerts for guest-musicians in Bucharest (2011-2014) Took the participation in the international festival “Ethno-Jazz” (2010) Took the participation in the international festival “Martisor” (2013) 20 AUDIT COMMITTEE We do not have an audit committee financial expert. We do not have an audit committee financial expert because we believe the cost related to retaining a financial expert at this time is prohibitive. SIGNIFICANT EMPLOYEES We have no employees other than our Treasurer and sole director, Andrei Gurduiala; he currently devotes approximately twenty hours per week to company matters. We intend to hire employees on an as needed basis. Item 11. Executive Compensation The following tables set forth certain information about compensation paid, earned or accrued for services by our President, and Secretary and all other executive officers (collectively, the “Named Executive Officers”) for the years ended December 31, 2020 and 2019. There are no current employment agreements between the company and its sole officer. The compensation discussed herein addresses all compensation awarded to, earned by, or paid to our named executive officer. There are no other stock option plans, retirement, pension, or profit-sharing plans for the benefit of our officers and directors other than as described herein. CHANGE OF CONTROL As of December 31, 2020, we had no pension plans or compensatory plans or other arrangements that provide compensation in the event of a termination of employment or a change in our control. Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters The following table provides certain information regarding the ownership of our common stock, as of December 31, 2020 and as of the date of the filing of this annual report by: • each of our executive officers; • each director; • each person known to us to own more than 5% of our outstanding common stock; and • all of our executive officers and directors and as a group. Common stock issued 5,000,000 shares for Andrei Gurduiala (director). The percent of class is based on 6,087,500 shares of common stock issued and outstanding as of the date of this annual report. 21 Item 13. Certain Relationships and Related Transactions During the year ended December 31, 2020, we had not entered into any transactions with our sole officer or director, or persons nominated for these positions, beneficial owners of 5% or more of our common stock, or family members of these persons wherein the amount involved in the transaction or a series of similar transactions exceeded the lesser of $120,000 or 1% of the average of our total assets for the last three fiscal years. Item 14. Principal Accountant Fees and Services During the year ended December 31, 2020, we incurred $24,000 in fees to our principal independent accountants for professional services rendered in connection with the audit of our financial statements. During the year ended December 31, 2019, we incurred $0 in fees to our principal independent accountants for professional services rendered in connection with the audit of our financial statements. PART IV Item 15. Exhibits The following exhibits are filed as part of this Annual Report. Exhibits: 31.1 Certification of Chief Executive Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act 32.1 Certification of Chief Executive Officer and Chief Financial Officer Under Section 1350 as Adopted Pursuant Section 906 of the Sarbanes-Oxley Act SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. CRONA CORP. Dated: April 01, 2021 By: /s/ Andrei Gurduiala Andrei Gurduiala, President and Chief Executive Officer and Chief Financial Officer 22

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Significant Accounting Policies (Policies) [Abstract]
Basis of presentation	Basis of presentation The accompanying financial statements have been prepared in accordance with GAAP. The Company's year-end is December 31.
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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.
Income Taxes	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.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “ Revenue from Contracts with Customers ”. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to the performance obligations in the contract. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. 16 Crona Corp. NOTES TO THE FINANCIAL STATEMENTS December 31, 2020 and 2019 An entity must also disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers, including qualitative and quantitative information about contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract. The contract between the Company and the customer is signed without specific quantity of service to be used from the date of signing. The revenue depends on the hours spent on the recording services. The rates of the specific services are set out in the contract. The Company's revenues are recognized at a point-in-time as ownership of track, mix or master (when it is approved by the customer) is transferred at a distinct point in time per the terms of a contract. The Company shall not be liable for any failure to perform its obligations if such failure is due to circumstances beyond its reasonable control. Any liability of the Company shall be limited to the total of all amounts paid by the customer for services under the contract.
Basic Income (Loss) Per Share	Basic Income (Loss) Per Share The Company computes income (loss) per share in accordance with ASC 606. 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 December 31, 2020, there were no potentially dilutive debt or equity instruments issued or outstanding.
Recent Accounting Pronouncements	Recent Accounting Pronouncements There have been no recent accounting pronouncements or changes in accounting pronouncements during the year ended December 31, 2020, that are of significance or potential significance to the Company.

- INCOME TAXES (Tables)

- INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
- INCOME TAXES (Tables) [Abstract]
The provision for Federal income tax consists	The provision for Federal income tax consists of the following: As of December 31, 20 20 As of December 31, 2019 Non-current deferred tax assets: Net operating loss carry forward $ (13,514) $ (8,581) Valuation allowance 13,514 8,581 Net deferred tax assets $ - $ -
The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the years ended December 31, 2020 and 2019	The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the years ended December 31, 2020 and 2019 as follows: As of December 31, 20 20 As of December 31, 2019 Computed “expected” tax expense (benefit) $ (4,933) $ (252) Change in valuation allowance 4,933 252 Actual tax expense (benefit) $ - $ -

- SUBSEQUENT EVENTS (Tables)

- SUBSEQUENT EVENTS (Tables)	12 Months Ended
	Dec. 31, 2020
- SUBSEQUENT EVENTS (Tables) [Abstract]
The following table provides certain information regarding the ownership of our common stock, as of December 31, 2020	The following table provides certain information regarding the ownership of our common stock, as of December 31, 2020 and as of the date of the filing of this annual report by: • each of our executive officers; • each director; • each person known to us to own more than 5% of our outstanding common stock; and • all of our executive officers and directors and as a group.

- GOING CONCERN (Details Text)

- GOING CONCERN (Details Text) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Going Concern Details [Abstract]
The Company currently has losses of $24,062 and $1,200 for the years ended December 31, 2020 and 2019, 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	$ 24,062	$ 1,200

- RELATED PARTY TRANSACTIONS (D

- RELATED PARTY TRANSACTIONS (Details Text) - USD ($)	Dec. 31, 2020	Mar. 31, 2020
Related Party Transaction, Due from (to) Related Party, Current [Abstract]
For the year ended December 31, 2020 our sole director Andrei Gurduiala has advanced to the Company $35,358	$ 35,358
In March 2020, a $3,000 advance from Robert T		$ 3,000

- COMMITMENTS AND CONTINGENCI_2

- COMMITMENTS AND CONTINGENCIES (Details Text) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Nov. 20, 2020
Commitments And Contingencies Details [Abstract]
In November 20, 2020, the Company has entered into a new rental agreement for a $371 monthly fee, starting on December 1, 2020, for a period of one year			$ 371
For the years ended December 31, 2020 and 2019 rent expense was $371 and $0, respectively.	$ 371	$ 0

- INCOME TAXES (Details 1)

- INCOME TAXES (Details 1) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Deferred Income Taxes and Other Assets [Abstract]
Net operating loss carry forward	$ (13,514)	$ (8,581)
Valuation allowance	13,514	8,581
Net deferred tax assets	$ 0	$ 0

- INCOME TAXES (Details 2)

- INCOME TAXES (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Taxes Details [Abstract]
Computed "expected" tax expense (benefit)	$ (4,933)	$ (252)
Change in valuation allowance	4,933	252
Actual tax expense (benefit)	$ 0	$ 0

- INCOME TAXES (Details Text)

- INCOME TAXES (Details Text)	Dec. 31, 2020USD ($)
Income Taxes Text Details [Abstract]
As of December 31, 2020, the Company had net operating loss carry forwards of approximately $14,102 that may be available to reduce future years' taxable income in varying amounts through 2041	$ 14,102

- SUBSEQUENT EVENTS (Details Te

- SUBSEQUENT EVENTS (Details Text)	Dec. 31, 2020USD ($)shares
Subsequent Events Details Text [Abstract]
The percent of class is based on 6,087,500 shares of common stock issued and outstanding as of the date of this annual report. | shares	6,087,500
During the year ended December 31, 2020, we incurred $24,000 in fees to our principal independent accountants for professional services rendered in connection with the audit of our financial statements. | $	$ 24,000