Ezagoo Limited (EZOO) 10-Q 16 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Aug. 16, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	333-228681
Entity Registrant Name	Ezagoo Limited
Entity Central Index Key	0001752372
Entity Tax Identification Number	30-1077936
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	YIJIAREN BUSINESS HOTEL NO. 168
Entity Address, Address Line Two	TONG ZI PO XI LU
Entity Address, City or Town	YUELU DISTRICT CHANGSHA
Entity Address, Country	CN
Entity Address, Postal Zip Code	410205
City Area Code	86
Local Phone Number	139 751 09168
Title of 12(b) Security	Common Stock
Trading Symbol	EZAGOO
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		119,956,826

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 878,745	$ 824,733
Amount due from related party	489,429	689,427
Deposits paid, prepayments and other receivables	71,004	19,240
Total current assets	1,439,178	1,533,400
NON-CURRENT ASSETS
Plant and equipment, net	16,469	22,130
Operating lease right-of-use assets	432,839
TOTAL ASSETS	1,888,486	1,555,530
CURRENT LIABILITIES
Accounts payable	11,767	18,534
Accrued expenses, other payable and deposits received	393,207	522,718
Amount due to the related parties	1,430,528	967,372
Amount due to a director	35,316	35,107
Deferred revenues	1,073,708	1,585,905
Operating lease liabilities, current portion	85,776
Total current liabilities	3,030,302	3,129,636
NON-CURRENT LIABILITIES
Operating lease liabilities, non-current portion	350,439
TOTAL LIABILITIES	3,380,741	3,129,636
STOCKHOLDERS’ DEFICIT
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, 119,956,826 and 119,956,826 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	11,996	11,996
Additional paid-in capital	1,304,881	1,308,646
Accumulated other comprehensive income	(76,853)	(61,928)
Accumulated deficit	(2,732,279)	(2,832,820)
TOTAL STOCKHOLDERS’ DEFICIT	(1,492,255)	(1,574,106)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 1,888,486	$ 1,555,530

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 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 value	$ 0.0001	$ 0.0001
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	119,956,826	119,956,826
Common stock, shares outstanding	119,956,826	119,956,826

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income Statement [Abstract]
REVENUES	$ 440,282	$ 39,026	$ 892,536	$ 44,344
COST OF REVENUES
-Related Party	(123,056)		(284,862)
-Non-related Parties	(15,666)	(26,292)	(33,203)	(59,869)
COST OF REVENUES	(138,722)	(26,292)	(318,065)	(59,869)
GROSS PROFIT (LOSS)	301,560	12,734	574,471	(15,525)
OPERATING EXPENSES	(274,135)	(195,871)	(472,836)	(361,368)
PROFIT (LOSS) FROM OPERATIONS	27,425	(183,137)	101,635	(376,893)
Other income (expense):
Other income	10	2,881	5,165	2,881
Interest income (expense)	(10,734)	(16,887)	(6,259)	(33,523)
Total other income (expense)	(10,724)	(14,006)	(1,094)	(30,642)
Net profit (loss) from operations	16,701	(197,143)	100,541	(407,535)
Income tax expense
Net profit (loss)	16,701	(197,143)	100,541	(407,535)
Other comprehensive (loss) income:
- Foreign currency translation adjustment	(17,782)	(4,745)	(14,925)	19,901
COMPREHENSIVE LOSS (PROFIT)	$ (1,081)	$ (201,888)	$ 85,616	$ (387,634)
Net loss (profit) per share- Basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted Average Number of shares outstanding	119,956,826	119,956,826	119,956,826	119,956,826

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 11,996	$ 1,308,646	$ (2,148,979)	$ 56,500	$ (771,837)
Beginning balance, shares at Dec. 31, 2019	119,956,826
Net profit (loss)			(407,535)		(407,535)
Cumulative effect of adoption of new accounting principle			(2,523)		(2,523)
Other comprehensive gain				22,424	22,424
Ending balance, value at Jun. 30, 2020	$ 11,996	1,308,646	(2,559,037)	78,924	(1,159,471)
Ending balance, shares at Jun. 30, 2020	119,956,826
Beginning balance, value at Mar. 31, 2020	$ 11,996	1,308,646	(2,359,371)	81,046	(957,683)
Beginning balance, shares at Mar. 31, 2020	119,956,826
Net profit (loss)			(197,143)		(197,143)
Cumulative effect of adoption of new accounting principle			(2,523)		(2,523)
Other comprehensive gain				(2,222)	(2,222)
Ending balance, value at Jun. 30, 2020	$ 11,996	1,308,646	(2,559,037)	78,924	(1,159,471)
Ending balance, shares at Jun. 30, 2020	119,956,826
Beginning balance, value at Dec. 31, 2020	$ 11,996	1,308,646	(2,832,820)	(61,928)	(1,574,106)
Beginning balance, shares at Dec. 31, 2020	119,956,826
Imputed interest income		(3,765)			(3,765)
Net profit (loss)			100,541		100,541
Cumulative effect of adoption of new accounting principle					3,376
Other comprehensive gain				(14,925)	(14,925)
Ending balance, value at Jun. 30, 2021	$ 11,996	1,304,881	(2,732,279)	(76,853)	(1,492,255)
Ending balance, shares at Jun. 30, 2021	119,956,826
Beginning balance, value at Mar. 31, 2021	$ 11,996	1,304,064	(2,748,980)	(59,071)	(1,491,991)
Beginning balance, shares at Mar. 31, 2021	119,956,826
Imputed interest income		817			817
Net profit (loss)			16,701		16,701
Other comprehensive gain				(17,782)	(17,782)
Ending balance, value at Jun. 30, 2021	$ 11,996	$ 1,304,881	$ (2,732,279)	$ (76,853)	$ (1,492,255)
Ending balance, shares at Jun. 30, 2021	119,956,826

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net profit (loss)	$ 100,541	$ (407,535)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation	5,661	4,639
Imputed interests	(3,765)
Changes in operating assets and liabilities:
Prepayments, deposits and other receivables	(51,764)	(4,347)
Amount due from related parties	199,998
Accounts payable	(6,767)	12,125
Accrued liabilities and other payable	(19,291)	52,920
Receipts in advance	(110,220)	(29,555)
Deferred revenues	(512,197)
Operating lease ROU assets	(432,839)	(30,125)
Operating lease liabilities	436,215	27,020
Income tax payable		(5,646)
Net cash used in operating activities	(394,428)	(380,504)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment to related parties	463,156	(167,474)
Repayment to a director	209	(251)
Net cash provided by (used in) financing activities	463,365	(167,725)
Effect of exchange rate changes on cash and cash equivalents	(14,925)	19,898
Net change in cash and cash equivalents	54,012	(528,331)
Cash and cash equivalents, beginning of period	824,733	1,106,420
CASH AND CASH EQUIVALENTS, END OF PERIOD	878,745	578,089
SUPPLEMENTAL CASH FLOWS INFORMATION
Cash paid for income taxes
Cash paid for interest paid

BASIS OF PREPARATION

BASIS OF PREPARATION	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
BASIS OF PREPARATION	NOTE 1 – BASIS OF PREPARATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial reporting and the rules and regulations of the Securities and Exchange Commission that permit reduced disclosure for interim periods. Therefore, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of management, the consolidated balance sheet as of June 30, 2021 which has been derived from unaudited financial statements and these unaudited condensed consolidated financial statements reflect all normal and recurring adjustments considered necessary to state fairly the results for the periods presented. The results for the six months ended June 30, 2021 are not necessarily indicative of the results to be expected for the entire fiscal year ending December 31, 2021 or for any future period. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Management’s Discussion and the audited financial statements and notes thereto included in the Annual Report on Form 10-K for the fiscal year ended December 31, 2020.

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
ORGANIZATION AND BUSINESS BACKGROUND	NOTE 2 - ORGANIZATION AND BUSINESS BACKGROUND Ezagoo Limited, a Nevada corporation (“the Company”) was incorporated under the laws of the State of Nevada on May 9, 2018. On May 9, 2018 Tan Xiaohao was appointed as President, Secretary, Treasurer, and Director of the Company. On May 9, 2018, our President, Tan Xiaohao, purchased 90,050,500 0.0001 9,005 On June 30, 2018 Zhang Qianwen and Greenpro Asia Strategic SPC- Greenpro Asia Strategic Fund SP purchased 3,591,000 1,358,500 0.0001 495 On June 6, 2018 Ezagoo Holding Limited, a Seychelles Company, acquired Ezagoo Limited, A Hong Kong Company, in consideration of $ 0.13 Ezagoo Limited, a Nevada Company, acquired Ezagoo Holding Limited, a Seychelles Company, on June 25, 2018 in consideration of $ 1 On July 20, 2018, Ezagoo Limited, a Hong Kong Company, incorporated a new subsidiary in Changsha, China, called Changsha Ezagoo Technology Limited, whereas it is owned entirely ( 100 The three companies above are under common control Mr. Tan Xiaohao, the director of the Company, so they are related parties. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) On July 20, 2018, Changsha Ezagoo Technology Limited, the Hong Kong Company, also referred to herein as “CETL”, entered into and consummated an agreement with Beijing Ezagoo Shopping Holding Limited, also referred to herein as “BESH”, and Ruiyin (Shenzhen) Financial Leasing Limited, also referred to herein as “RFLL”, whereas CETL has the option to purchase all of the equity interests of Beijing Ezagoo Zhicheng Internet Technology Limited, a Chinese, “PRC” Company, from RFLL and BESH. These equity interests would make up 100 On July 20, 2018, CETL entered into and consummated an agreement with BESH and RFLL whereas BESH and RFLL have given CETL the right to appoint management of CETL to act as proxy to existing shareholders of Beijing Ezagoo Zhicheng Internet Technology Limited. This gives management of CETL the ability to conduct and control company affairs of Beijing Ezagoo Zhicheng Internet Technology Limited. Actions which management of CETL may be able to carry out include, but are not limited to, exercising voting rights as proxy of the existing shareholder(s), appointing new directors, hiring new management, and carrying out corporate actions. More information regarding this agreement can be found in exhibit 10.2, titled, “Shareholder’ Voting Rights Proxy Agreement.” On July 20, 2018 CETL entered into and consummated an agreement with BESH and RFLL whereas BESH and RFLL have engaged CETL to provide management, financial, and other business services to Beijing Ezagoo Zhicheng Internet Technology Limited. CETL is to be compensated with 100 July 20, 2018 10 On July 20, 2018, CETL entered into and consummated an agreement with BESH and RFLL whereas BESH and RFLL have pledged their equity interests in Beijing Ezagoo Zhicheng Internet Technology Limited, to CETL. More information regarding this agreement can be found in exhibit 10.4, titled, “Equity Pledge Agreement.” On July 20, 2018, CETL entered into a loan agreement with BESH and RFLL wherein CETL will loan the amount of approximately CNY$ 100,000 On July 31, 2018 Xin Yang was appointed Chief Financial Officer of the Company. On March 3, 2021, incorporated a branch company of Beijing Ezagoo Industrial Development Group Holding Limited, named Changsha Branch of Beijing Ezagoo Industrial Development Group Holding Limited, to carry out the business in Changsha Hunan, China. Beijing Ezagoo Zhicheng Internet Technology Limited and the Changsha Branch of Beijing Ezagoo Industrial Development Group Holding Limited are the company through which we operate, and which shares our business plan to provide video advertising on buses.

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN UNCERTAINTIES	NOTE 3 - 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 June 30, 2021, the Company suffered an accumulated deficit of $ 2,732,279 for the six months ended June 30, 2021. The continuation of the Company as a going concern through December 31, 2021 is dependent upon improving the profitability and the continuing financial support from its stockholders. Management believes the existing shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company expects to finance its operations primarily through cash flow from revenue and continuing financial support from a shareholder. In the event that we require additional funding to finance the growth of the Company’s current and expected future operations as well as to achieve our strategic objectives, the shareholder has indicated the intent and ability to provide additional financing. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing. 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. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited)

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying consolidated financial statements and notes. ● 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 Ezagoo Limited and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. ● Use of estimates In preparing these condensed 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. ● Cash and cash equivalents The company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. ● Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Categories Estimated useful life Residual value Office equipment 3 years - Expenditures for maintenance and repairs are expensed as incurred. ● Accounts receivable Accounts receivable are recorded at the invoiced amount and do not bear interest. Management reviews the adequacy of the allowance for doubtful accounts on an ongoing basis, using historical collection trends and aging of receivables. Management also periodically evaluates individual customer’s financial condition, credit history, and the current economic conditions to make adjustments in the allowance when it is considered necessary. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) ● Revenue recognition Effective January 1, 2018, the Company adopted the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts. The implementation of ASC 606 did not have a material impact on the Company’s consolidated financial statements. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company’s revenue mainly from providing advertising services (“service revenue”). ● Cost of revenue Cost of revenue includes bus media terminal rental fees, bus monitors maintenance fees, bus screen installation fees advertising production cost and internet data fees. ● Income taxes The provision of income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” ASC Topic 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 Topic 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% The Company did not have any unrecognized tax positions or benefits and there was no effect on the financial conditions or results of operations for the three months ended June 30, 2021. The Company conducts major businesses in Hong Kong and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file tax returns that are subject to examination by the foreign tax authority. ● Imputed Interest The Company owned director and related parties some loans which are unsecured, interest-free with no fixed payment term, for working capital purpose. Imputed interest is considered insignificant. ● Net loss per share The Company calculates net loss 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 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$. In addition, the Company’s subsidiary in People’s Republic of China maintains its books and record in its local currency, Chinese Yuan (“CNY”), which is functional currency as being the primary currency of the economic environment in which the entity operates. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive income within the statements of stockholders’ equity. Translation of amounts from CNY into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES As of and for the 2021 2020 Period-end CNY: US$1 exchange rate 6.46 7.08 Period-average CNY: US$1 exchange rate 6.47 6.98 Period-end HK$: US$1 exchange rate 7.76 7.75 Period-average HK$: US$1 exchange rate 7.76 7.77 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), 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, accounts receivable, deposits and other receivables, accounts payable, other payables and accrued liabilities approximate at their fair values because of the short-term nature of these financial instruments. The Company follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” Level 1: Level 2: Level 3: Fair value estimates are made at a specific point in time based on relevant market information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. ● Lease In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases, which was subsequently amended in 2018 by ASU 2018-10, ASU 2018-11 and ASU 2018-20 (collectively, Topic 842). Topic 842 will require the recognition of a right-of-use asset and a corresponding lease liability, initially measured at the present value of the lease payments, for all leases with terms longer than 12 months. For operating leases, the asset and liability will be expensed over the lease term on a straight-line basis, with all cash flows included in the operating section of the statement of cash flows. For finance leases, interest on the lease liability will be recognized separately from the amortization of the right-of-use asset in the statement of comprehensive income and the repayment of the principal portion of the lease liability will be classified as a financing activity while the interest component will be included in the operating section of the statement of cash flows. Topic 842 is effective for annual and interim reporting periods beginning after December 15, 2018. Early adoption is permitted. Upon adoption, leases will be recognized and measured at the beginning of the earliest period presented using a modified retrospective approach. Topic 842 allows for a cumulative-effect adjustment in the period the new lease standard is adopted and will not require restatement of prior periods. Prior to January 1, 2019, the Company accounted for leases under ASC 840, Accounting for Leases. Effective January 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 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. After the adoption, $ 432,839 436,215 3,376 ● Recent accounting pronouncements In January 2017, the FASB issued ASU 2017-04, “Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment,” which simplifies how an entity is required to test goodwill for impairment by eliminating step two from the goodwill impairment test. Step two of the goodwill impairment test measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with it carrying amount. The new guidance is effective prospectively for us for the year ending June 30, 2021 and interim reporting periods during the year ending June 30, 2021. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. We are evaluating the effects, if any, of the adoption of this guidance on our financial position, results of operations and cash flows. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement. The new guidance modifies disclosure requirements related to fair value measurement. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted. The standard also allows for early adoption of any removed or modified disclosures upon issuance of this ASU while delaying adoption of the additional disclosures until their effective date. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited)

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 5 - PROPERTY AND EQUIPMENT SCHEDULE OF PROPERTY AND EQUIPMENT June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Office equipment $ 42,332 $ 42,332 Accumulated depreciation (25,863 ) (20,202 ) Property and equipment, net $ 16,469 $ 22,130 Depreciation expense, classified as operating expenses, was $ 5,661 4,639 Accumulated depreciation for the six months ended June 30, 2021 and for year ended December 31, 2020 were $ 25,863 20,202

AMOUNT DUE FROM RELATED PARTY

AMOUNT DUE FROM RELATED PARTY	6 Months Ended
	Jun. 30, 2021
Amount Due From Related Party
AMOUNT DUE FROM RELATED PARTY	NOTE 6 - AMOUNT DUE FROM RELATED PARTY As of June 30, 2021, and December 31,2020, our amount due from related party is $ 489,429 689,427

PREPAID EXPENSES AND OTHER RECE

PREPAID EXPENSES AND OTHER RECEIVABLES	6 Months Ended
	Jun. 30, 2021
Prepaid Expenses And Other Receivables
PREPAID EXPENSES AND OTHER RECEIVABLES	NOTE 7 - PREPAID EXPENSES AND OTHER RECEIVABLES Prepaid expenses and other receivables consisted of the following at June 30, 2021 and December 31, 2020: SCHEDULE OF PREPAID EXPENSES AND OTHER RECEIVABLES June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Prepaid expenses $ 71,004 $ 19,240 Total prepaid expenses and other receivables $ 71,004 $ 19,240 As of June 30, 2021, the balance $ 71,004 As of December 31, 2020, the balance $ 19,240

ACCOUNT PAYABLES

ACCOUNT PAYABLES	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
ACCOUNT PAYABLES	NOTE 8 - ACCOUNT PAYABLES Accounts payable consists of the following: SCHEDULE OF ACCOUNTS PAYABLE June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Account payables $ 11,767 $ 18,534 Total $ 11,767 $ 18,534 The account payables balance of $ 11,767 13,935

ACCRUED EXPENSES, OTHER PAYABLE

ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED	6 Months Ended
	Jun. 30, 2021
Accrued Expenses Other Payable And Deposits Received
ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED	NOTE 9 – ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED Other payable consisted of the following: SCHEDULE OF OTHER PAYABLE June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Accrued expenses $ 7,176 $ 28,676 Other payable 105,758 157,448 Deposits received from customers 247,874 336,594 Total $ 393,207 $ 522,718 Accrued expenses include the audit fee & other accrued expenses. Other payable include the rent payable, PRC tax payable, social insurance fee and housing fund, bus screen repair fee, accrued property management fee and employee payable. Deposits received from customers are advertisement service fee paid in advance by customers. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited)

DEFERRED REVENUES

DEFERRED REVENUES	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
DEFERRED REVENUES	NOTE 10 - DEFERRED REVENUES As of June 30, 2021 and December 31, 2020, our deferred revenues are $ 1,073,708 1,585,905

DUE TO RELATED PARTIES

DUE TO RELATED PARTIES	6 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
DUE TO RELATED PARTIES	NOTE 11 - DUE TO RELATED PARTIES SCHEDULE OF DUE TO RELATED PARTIES June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Amount due to related party B $ 230,553 $ 228,079 Amount due to related party C 24,958 24,690 Amount due to related party D 16,952 16,849 Amount due to related party E 132,435 131,013 Amount due to related party G 282,164 279,137 Amount due to related party H 8,008 7,922 Amount due to related party I 2,550 1,559 Amount due to related party J 224,507 222,099 Amount due to related party K 41,805 41,356 Amount due to related party L 20,893 14,668 Amount due to related party M 285,459 - Amount due to related party N 160,244 - Total $ 1,430,528 $ 967,372 Related party B is Hunan Ezagoo Shopping Co. Ltd., Mr. Xiaohao Tan owns 2.4 230,553 228,079 Related party C is Ms. Weihong Wan, Assistant and Secretary of Mr. Xiaohao Tan. Ms. Weihong Wan is a shareholder and Legal Company Representative of Ruiyin (Shenzhen) Financial Leasing Limited, which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited. As of June 30, 2021 and December 31, 2020, related party C advanced $ 24,958 24,690 Related party D is Ms. Qianwen Zhang, spouse of Mr. Xiaohao Tan, a director of the Company. Ms. Qianwen Zhang is the Legal Company Representative of Hunan Ezagoo Internet Technology Limited. As of June 30, 2021 and December 31, 2020, related party D advanced $ 16,952 16,849 Related party E is Changsha Kexibeier E-commerce Limited, 98 132,435 131,013 Related party F is Hunan Homestead Asset Management Co. Ltd., a shareholder of Beijing Ezagoo Shopping Holding Limited, which is a shareholder of Hunan Ezagoo Internet Technology Limited. As of June 30, 2021 and December 31, 2020, related party F advanced $ 489,429 689,427 Related party G is Kuaile Motors Camping Site Investment Development Limited. One of the shareholders of Beijing Ezagoo Zhicheng Internet Technology Limited, Beijing Ezagoo Shopping Holding Limited owns 92 8 282,164 279,137 Related party H is Hunan Yijiaren Hotel Limited. One of the shareholders of Beijing Ezagoo Zhicheng Internet Technology Limited, Beijing Ezagoo Shopping Holding Limited owns 90 10 8,008 7,922 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) Related party I is Hunan Bright Lionrock Mountain Resort Limited. Beijing Ezagoo Industrial Development Group Holding Limited, formerly named Beijing Ezagoo Shopping Holding Limited, which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited, owns 80 2,550 1,559 Related party J is Beijing Ezagoo Industrial Development Group Holding Limited, formerly named Beijing Ezagoo Shopping Holding Limited. It is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited. As of June 30, 2021 and December 31, 2020, related party J advanced $ 224,507 222,099 Related party K is Ruiyin (Shenzhen) Financial Leasing Limited, which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited. Weihong Wan, Assistant and Secretary of Xiaohao Tan, is a shareholder and Legal Company Representative of related party K. As of June 30, 2021 and December 31, 2020, related party K advanced $ 41,805 41,356 Related party L is Ezagoo B&R (HongKong) Industry Development Group Limited, which is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited, owns 100 20,893 14,668 Related party M is Hunan Ezagoo Film Co., Limited, which 85 285,459 0 Related party N is Hunan Wancheng Xingyi Industrial Development Co., Limited, which 100 160,243 0 During the period ended June 30, 2021, related parties imputed interest income of $ 3,765 284,862

DUE TO DIRECTOR

DUE TO DIRECTOR	6 Months Ended
	Jun. 30, 2021
Due To Director
DUE TO DIRECTOR	NOTE 12 - DUE TO DIRECTOR As of June 30, 2021 and December 31, 2020, a director of the Company advanced $ 35,316 35,107

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	6 Months Ended
	Jun. 30, 2021
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF RISK	NOTE 13 - CONCENTRATIONS OF RISK SCHEDULE OF MAJOR CUSTOMERS AND MAJOR VENDORS (a) Major customers For the three months ended June 30, 2021, there are the customers that is more than 10 For the three months ended As of Revenues Percentage of Accounts Customer J $ 79,579 18 % $ - Total: $ 79,579 18 % $ - For the six months ended June 30, 2021, there are the customers that is more than 10 For the six months ended As of Revenues Percentage of Accounts Customer J $ 126,974 15 % $ - Total: $ 126,974 15 % $ - EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) (b) Major vendors For the three months ended June 30, 2021, the vendors who accounted for more than 10 For the three months ended As of Purchases Percentage of Accounts Vendor H – related party M $ 123,056 89 % $ 285,459 Total: $ 123,056 89 % $ 285,459 For the six months ended June 30, 2021, the vendors who accounted for more than 10 For the six months ended As of Purchases Percentage of Accounts Vendor H – related party M $ 284,862 90 % $ 285,459 Total: $ 284,862 90 % $ 285,459 (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 accounts 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.

OPERATING LEASE

OPERATING LEASE	6 Months Ended
	Jun. 30, 2021
Operating Lease
OPERATING LEASE	NOTE - 14 OPERATING LEASE The Company has two operating lease agreements for the office space, one is in Beijing China with lease term of 2 years 8 months and 17 days , one is in Changsha, Hunan China that paid month by month rent as of June 30, 2021 after the lease ends. A lease with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts for the lease and non-lease components of its leases as a single lease component. Lease expense is recognized on a straight-line basis over the lease term Operating lease right-of-use (“ROU”) assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Generally, the implicit rate of interest in arrangements is not readily determinable and the Company utilizes its incremental borrowing rate in determining the present value of lease payments. The Company’s incremental borrowing rate is a hypothetical rate based on its understanding of what its credit rating would be. The operating lease ROU asset includes any lease payments made and excludes lease incentives. This standard did not have a significant impact on our liquidity or on our compliance with our financial covenants associated with our loans. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) The components of lease expense and supplemental cash flow information related to leases for the period are as follows: (a) Rent expenses For six months ended June 30, 2021, the Company has incurred rent expenses solely for the office premises on a monthly basis as follows: SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES Six months Ended Lease Cost Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 58,483 Other Information Cash paid for amounts included in the measurement of lease liabilities for the first quarter 2021 $ 59,014 Weighted average remaining lease term – operating leases (in years) 2.42 Average discount rate – operating leases 4.35 % The supplemental balance sheet information related to leases for the period is as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES Operating leases Right-of-use assets $ 432,839 Total operating lease assets $ 432,839 Short-term operating lease liabilities $ 85,776 Long-term operating lease liabilities $ 350,439 Total operating lease liabilities $ 436,215 Maturities of the Company’s lease liabilities are as follows: SCHEDULE OF MATURITIES OF LEASE LIABILITIES Period ending June 30, Operating Lease 2021 (remaining 6 months) 94,083 2022 193,541 2023 170,424 Total lease payments 458,048 Less: Imputed interest/present value discount (21,833 ) Present value of lease liabilities 436,215 For six months ended June 30, 2020, the Company has incurred rent expenses solely for the office premises on a monthly basis as follows: Six months Ended Lease Cost Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 27,171 Other Information Cash paid for amounts included in the measurement of lease liabilities for the first quarter 2020 $ 30,276 Weighted average remaining lease term – operating leases (in years) 0.42 Average discount rate – operating leases 4.35 % The supplemental balance sheet information related to leases for the period is as follows: Operating leases Right-of-use assets $ 22,435 Total operating lease assets $ 22,435 Short-term operating lease liabilities $ 24,958 Long-term operating lease liabilities $ - Total operating lease liabilities $ 24,958 Maturities of the Company’s lease liabilities are as follows: Period ending June 30, Operating Lease 2020 (remaining 5 months) 25,230 2021 - Total lease payments 25,230 Less: Imputed interest/present value discount (272 ) Present value of lease liabilities 24,958 Lease expenses were $ 58,483 27,171

ADDITIONAL PAID-IN CAPITAL _ CA

ADDITIONAL PAID-IN CAPITAL – CAPITAL CONTRIBUTION	6 Months Ended
	Jun. 30, 2021
Additional Paid-in Capital Capital Contribution
ADDITIONAL PAID-IN CAPITAL – CAPITAL CONTRIBUTION	NOTE 15 – ADDITIONAL PAID-IN CAPITAL – CAPITAL CONTRIBUTION As of June 30, 2021, the Company has a total additional paid-in capital - capital contribution balance of $ 1,304,881 725,690 As of December 31, 2020, the Company has a total additional paid-in capital - capital contribution balance of $ 1,308,646 725,690 Related party J is Beijing Ezagoo Industrial Development Group Holding Limited, formerly named Beijing Ezagoo Shopping Holding Limited. It is a shareholder of Beijing Ezagoo Zhicheng Internet Technology Limited.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 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 Ezagoo Limited and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.
Use of estimates	● Use of estimates In preparing these condensed 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.
Cash and cash equivalents	● Cash and cash equivalents The company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.
Plant and equipment	● Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Categories Estimated useful life Residual value Office equipment 3 years - Expenditures for maintenance and repairs are expensed as incurred.
Accounts receivable	● Accounts receivable Accounts receivable are recorded at the invoiced amount and do not bear interest. Management reviews the adequacy of the allowance for doubtful accounts on an ongoing basis, using historical collection trends and aging of receivables. Management also periodically evaluates individual customer’s financial condition, credit history, and the current economic conditions to make adjustments in the allowance when it is considered necessary. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.
Revenue recognition	● Revenue recognition Effective January 1, 2018, the Company adopted the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts. The implementation of ASC 606 did not have a material impact on the Company’s consolidated financial statements. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company’s revenue mainly from providing advertising services (“service revenue”).
Cost of revenue	● Cost of revenue Cost of revenue includes bus media terminal rental fees, bus monitors maintenance fees, bus screen installation fees advertising production cost and internet data fees.
Income taxes	● Income taxes The provision of income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” ASC Topic 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 Topic 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% The Company did not have any unrecognized tax positions or benefits and there was no effect on the financial conditions or results of operations for the three months ended June 30, 2021. The Company conducts major businesses in Hong Kong and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file tax returns that are subject to examination by the foreign tax authority.
Imputed Interest	● Imputed Interest The Company owned director and related parties some loans which are unsecured, interest-free with no fixed payment term, for working capital purpose. Imputed interest is considered insignificant.
Net loss per share	● Net loss per share The Company calculates net loss 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 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 subsidiary in People’s Republic of China maintains its books and record in its local currency, Chinese Yuan (“CNY”), 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”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive income within the statements of stockholders’ equity. Translation of amounts from CNY into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES As of and for the 2021 2020 Period-end CNY: US$1 exchange rate 6.46 7.08 Period-average CNY: US$1 exchange rate 6.47 6.98 Period-end HK$: US$1 exchange rate 7.76 7.75 Period-average HK$: US$1 exchange rate 7.76 7.77 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), 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, accounts receivable, deposits and other receivables, accounts payable, other payables and accrued liabilities approximate at their fair values because of the short-term nature of these financial instruments. The Company follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” Level 1: Level 2: Level 3: Fair value estimates are made at a specific point in time based on relevant market information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates.
Lease	● Lease In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases, which was subsequently amended in 2018 by ASU 2018-10, ASU 2018-11 and ASU 2018-20 (collectively, Topic 842). Topic 842 will require the recognition of a right-of-use asset and a corresponding lease liability, initially measured at the present value of the lease payments, for all leases with terms longer than 12 months. For operating leases, the asset and liability will be expensed over the lease term on a straight-line basis, with all cash flows included in the operating section of the statement of cash flows. For finance leases, interest on the lease liability will be recognized separately from the amortization of the right-of-use asset in the statement of comprehensive income and the repayment of the principal portion of the lease liability will be classified as a financing activity while the interest component will be included in the operating section of the statement of cash flows. Topic 842 is effective for annual and interim reporting periods beginning after December 15, 2018. Early adoption is permitted. Upon adoption, leases will be recognized and measured at the beginning of the earliest period presented using a modified retrospective approach. Topic 842 allows for a cumulative-effect adjustment in the period the new lease standard is adopted and will not require restatement of prior periods. Prior to January 1, 2019, the Company accounted for leases under ASC 840, Accounting for Leases. Effective January 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 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. After the adoption, $ 432,839 436,215 3,376
Recent accounting pronouncements	● Recent accounting pronouncements In January 2017, the FASB issued ASU 2017-04, “Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment,” which simplifies how an entity is required to test goodwill for impairment by eliminating step two from the goodwill impairment test. Step two of the goodwill impairment test measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with it carrying amount. The new guidance is effective prospectively for us for the year ending June 30, 2021 and interim reporting periods during the year ending June 30, 2021. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. We are evaluating the effects, if any, of the adoption of this guidance on our financial position, results of operations and cash flows. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement. The new guidance modifies disclosure requirements related to fair value measurement. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted. The standard also allows for early adoption of any removed or modified disclosures upon issuance of this ASU while delaying adoption of the additional disclosures until their effective date.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES	Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Categories Estimated useful life Residual value Office equipment 3 years -
SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES	Translation of amounts from CNY into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES As of and for the 2021 2020 Period-end CNY: US$1 exchange rate 6.46 7.08 Period-average CNY: US$1 exchange rate 6.47 6.98 Period-end HK$: US$1 exchange rate 7.76 7.75 Period-average HK$: US$1 exchange rate 7.76 7.77

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	SCHEDULE OF PROPERTY AND EQUIPMENT June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Office equipment $ 42,332 $ 42,332 Accumulated depreciation (25,863 ) (20,202 ) Property and equipment, net $ 16,469 $ 22,130

PREPAID EXPENSES AND OTHER RE_2

PREPAID EXPENSES AND OTHER RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2021
Prepaid Expenses And Other Receivables
SCHEDULE OF PREPAID EXPENSES AND OTHER RECEIVABLES	Prepaid expenses and other receivables consisted of the following at June 30, 2021 and December 31, 2020: SCHEDULE OF PREPAID EXPENSES AND OTHER RECEIVABLES June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Prepaid expenses $ 71,004 $ 19,240 Total prepaid expenses and other receivables $ 71,004 $ 19,240

ACCOUNT PAYABLES (Tables)

ACCOUNT PAYABLES (Tables)	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
SCHEDULE OF ACCOUNTS PAYABLE	Accounts payable consists of the following: SCHEDULE OF ACCOUNTS PAYABLE June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Account payables $ 11,767 $ 18,534 Total $ 11,767 $ 18,534

ACCRUED EXPENSES, OTHER PAYAB_2

ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED (Tables)	6 Months Ended
	Jun. 30, 2021
Accrued Expenses Other Payable And Deposits Received
SCHEDULE OF OTHER PAYABLE	Other payable consisted of the following: SCHEDULE OF OTHER PAYABLE June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Accrued expenses $ 7,176 $ 28,676 Other payable 105,758 157,448 Deposits received from customers 247,874 336,594 Total $ 393,207 $ 522,718

DUE TO RELATED PARTIES (Tables)

DUE TO RELATED PARTIES (Tables)	6 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
SCHEDULE OF DUE TO RELATED PARTIES	SCHEDULE OF DUE TO RELATED PARTIES June 30, 2021 December 31, 2020 As of June 30, 2021 December 31, 2020 (Unaudited) (Audited) Amount due to related party B $ 230,553 $ 228,079 Amount due to related party C 24,958 24,690 Amount due to related party D 16,952 16,849 Amount due to related party E 132,435 131,013 Amount due to related party G 282,164 279,137 Amount due to related party H 8,008 7,922 Amount due to related party I 2,550 1,559 Amount due to related party J 224,507 222,099 Amount due to related party K 41,805 41,356 Amount due to related party L 20,893 14,668 Amount due to related party M 285,459 - Amount due to related party N 160,244 - Total $ 1,430,528 $ 967,372

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	6 Months Ended
	Jun. 30, 2021
Risks and Uncertainties [Abstract]
SCHEDULE OF MAJOR CUSTOMERS AND MAJOR VENDORS	SCHEDULE OF MAJOR CUSTOMERS AND MAJOR VENDORS (a) Major customers For the three months ended June 30, 2021, there are the customers that is more than 10 For the three months ended As of Revenues Percentage of Accounts Customer J $ 79,579 18 % $ - Total: $ 79,579 18 % $ - For the six months ended June 30, 2021, there are the customers that is more than 10 For the six months ended As of Revenues Percentage of Accounts Customer J $ 126,974 15 % $ - Total: $ 126,974 15 % $ - EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) (b) Major vendors For the three months ended June 30, 2021, the vendors who accounted for more than 10 For the three months ended As of Purchases Percentage of Accounts Vendor H – related party M $ 123,056 89 % $ 285,459 Total: $ 123,056 89 % $ 285,459 For the six months ended June 30, 2021, the vendors who accounted for more than 10 For the six months ended As of Purchases Percentage of Accounts Vendor H – related party M $ 284,862 90 % $ 285,459 Total: $ 284,862 90 % $ 285,459

OPERATING LEASE (Tables)

OPERATING LEASE (Tables)	6 Months Ended
	Jun. 30, 2021
Operating Lease
SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES	For six months ended June 30, 2021, the Company has incurred rent expenses solely for the office premises on a monthly basis as follows: SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES Six months Ended Lease Cost Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 58,483 Other Information Cash paid for amounts included in the measurement of lease liabilities for the first quarter 2021 $ 59,014 Weighted average remaining lease term – operating leases (in years) 2.42 Average discount rate – operating leases 4.35 % Six months Ended Lease Cost Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 27,171 Other Information Cash paid for amounts included in the measurement of lease liabilities for the first quarter 2020 $ 30,276 Weighted average remaining lease term – operating leases (in years) 0.42 Average discount rate – operating leases 4.35 %
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES	The supplemental balance sheet information related to leases for the period is as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES Operating leases Right-of-use assets $ 432,839 Total operating lease assets $ 432,839 Short-term operating lease liabilities $ 85,776 Long-term operating lease liabilities $ 350,439 Total operating lease liabilities $ 436,215 Operating leases Right-of-use assets $ 22,435 Total operating lease assets $ 22,435 Short-term operating lease liabilities $ 24,958 Long-term operating lease liabilities $ - Total operating lease liabilities $ 24,958
SCHEDULE OF MATURITIES OF LEASE LIABILITIES	Maturities of the Company’s lease liabilities are as follows: SCHEDULE OF MATURITIES OF LEASE LIABILITIES Period ending June 30, Operating Lease 2021 (remaining 6 months) 94,083 2022 193,541 2023 170,424 Total lease payments 458,048 Less: Imputed interest/present value discount (21,833 ) Present value of lease liabilities 436,215 Period ending June 30, Operating Lease 2020 (remaining 5 months) 25,230 2021 - Total lease payments 25,230 Less: Imputed interest/present value discount (272 ) Present value of lease liabilities 24,958

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative)	Jul. 20, 2018CNY (¥)	Jun. 30, 2018USD ($)$ / sharesshares	May 09, 2018USD ($)$ / sharesshares	Jun. 30, 2021$ / shares	Dec. 31, 2020$ / shares	Jun. 25, 2018$ / shares	Jun. 06, 2018$ / shares
Entity Listings [Line Items]
Common stock, par value				$ 0.0001	$ 0.0001
Hunan Ezagoo Zhicheng Internet Technology Limited [Member]
Entity Listings [Line Items]
Variable interest entity, ownership percentage	100.00%
Changsha Ezagoo Technology Limited [Member]
Entity Listings [Line Items]
Equity method investment, ownership percentage	100.00%
Changsha Ezagoo Technology Limited [Member] | Management Services Agreement [Member]
Entity Listings [Line Items]
Agreement, description	On July 20, 2018 CETL entered into and consummated an agreement with BESH and RFLL whereas BESH and RFLL have engaged CETL to provide management, financial, and other business services to Beijing Ezagoo Zhicheng Internet Technology Limited. CETL is to be compensated with 100% of all profits generated by Beijing Ezagoo Zhicheng Internet Technology Limited. This Agreement is effective as of July 20, 2018 and will continue in effect for a period of ten (10) years (the “Initial Term”), and for succeeding periods of the same duration (each, “Subsequent Term”), until terminated by one of the following means either during the Initial Term or thereafter: Mutual Consent, Termination by CETL, Breach or Insolvency.
Profit percentage	1
Agreement effective date	Jul. 20, 2018
Agreement period	10 years
Changsha Ezagoo Technology Limited [Member] | Loan Agreement [Member]
Entity Listings [Line Items]
Loans receivable, related parties | ¥	¥ 100,000
Ezagoo Limited [Member]
Entity Listings [Line Items]
Consideration price per share							$ 0.13
Ezagoo Holding Limited [Member]
Entity Listings [Line Items]
Consideration price per share						$ 1
Restricted Stock [Member] | Greenpro Asia Strategic SPC [Member]
Entity Listings [Line Items]
Number of share issued | shares		1,358,500
Common stock, par value		$ 0.0001
Tan Xiaohao [Member] | Restricted Stock [Member]
Entity Listings [Line Items]
Number of share issued | shares			90,050,500
Common stock, par value			$ 0.0001
Proceeds from sale of stock | $			$ 9,005
Zhang Qianwen [Member] | Restricted Stock [Member]
Entity Listings [Line Items]
Number of share issued | shares		3,591,000
Common stock, par value		$ 0.0001
Zhang Qianwen [Member] | Restricted Stock [Member] | Greenpro Asia Strategic SPC [Member]
Entity Listings [Line Items]
Proceeds from sale of stock | $		$ 495

GOING CONCERN UNCERTAINTIES (De

GOING CONCERN UNCERTAINTIES (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Retained Earnings (Accumulated Deficit)	$ 2,732,279	$ 2,832,820

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES (Details) - Office Equipment [Member]	6 Months Ended
	Jun. 30, 2021USD ($)
Property, Plant and Equipment [Line Items]
Plant and equipment, estimated useful life	3 years
Plant and equipment, residual value

SCHEDULE OF FOREIGN CURRENCY TR

SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES (Details)	Jun. 30, 2021	Jun. 30, 2020
Period-End [Member] | CNY [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate	6.46	7.08
Period-End [Member] | HK [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate	7.76	7.75
Period-Average [Member] | CNY [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate	6.47	6.98
Period-Average [Member] | HK [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Foreign currency exchange rate	7.76	7.77

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Accounting Policies [Abstract]
Likelihood percentage description		greater than 50%
Operating lease right-of-use assets	$ 22,435	$ 432,839	$ 22,435
Lease liabilities for operating leases	24,958	436,215	24,958
Adjustment to accumulated deficit	$ (2,523)	$ 3,376	$ (2,523)

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Office equipment	$ 42,332	$ 42,332
Accumulated depreciation	(25,863)	(20,202)
Property and equipment, net	$ 16,469	$ 22,130

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 5,661	$ 4,639
Accumulated depreciation	$ 25,863		$ 20,202

AMOUNT DUE FROM RELATED PARTY (

AMOUNT DUE FROM RELATED PARTY (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Amount Due From Related Party
Amount due from related party	$ 489,429	$ 689,427

SCHEDULE OF PREPAID EXPENSES AN

SCHEDULE OF PREPAID EXPENSES AND OTHER RECEIVABLES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Prepaid Expenses And Other Receivables
Prepaid expenses	$ 71,004	$ 19,240
Total prepaid expenses and other receivables	$ 71,004	$ 19,240

PREPAID EXPENSES AND OTHER RE_3

PREPAID EXPENSES AND OTHER RECEIVABLES (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Prepaid Expenses And Other Receivables
Prepaid expenses and other receivables	$ 71,004	$ 19,240

SCHEDULE OF ACCOUNTS PAYABLE (D

SCHEDULE OF ACCOUNTS PAYABLE (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Account payables	$ 11,767	$ 18,534
Total	$ 11,767	$ 18,534

ACCOUNT PAYABLES (Details Narra

ACCOUNT PAYABLES (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Policyholder Account Balance [Line Items]
Account payables	$ 11,767	$ 18,534
Vendor [Member]
Policyholder Account Balance [Line Items]
Account payables	$ 13,935

SCHEDULE OF OTHER PAYABLE (Deta

SCHEDULE OF OTHER PAYABLE (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Accrued Expenses Other Payable And Deposits Received
Accrued expenses	$ 7,176	$ 28,676
Other payable	105,758	157,448
Deposits received from customers	247,874	336,594
Total	$ 393,207	$ 522,718

DEFERRED REVENUES (Details Narr

DEFERRED REVENUES (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Deferred revenue	$ 1,073,708	$ 1,585,905

SCHEDULE OF DUE TO RELATED PART

SCHEDULE OF DUE TO RELATED PARTIES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Amount due to related party, Total	$ 1,430,528	$ 967,372
Related Party B [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	230,553	228,079
Related Party C [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	24,958	24,690
Related Party D [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	16,952	16,849
Related Party E [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	132,435	131,013
Related Party G [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	282,164	279,137
Related Party H [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	8,008	7,922
Related Party I [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	2,550	1,559
Related Party J [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	224,507	222,099
Related Party K [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	41,805	41,356
Related Party L [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	20,893	14,668
Related Party M [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	285,459
Related Party N [Member]
Related Party Transaction [Line Items]
Amount due to related party, Total	$ 160,244

DUE TO RELATED PARTIES (Details

DUE TO RELATED PARTIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Related Party Transaction [Line Items]
Due to related parties	$ 1,430,528		$ 1,430,528		$ 967,372
Related party costs of revenue	123,056		284,862
Related Party B [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 230,553		$ 230,553		228,079
Related Party B [Member] | Mr. Xiaohao Tan [Member]
Related Party Transaction [Line Items]
Ownership percentage	2.40%		2.40%
Related Party C [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 24,958		$ 24,958		24,690
Related Party D [Member]
Related Party Transaction [Line Items]
Due to related parties	16,952		16,952		16,849
Related Party E [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 132,435		$ 132,435		131,013
Related Party E [Member] | Mr. Xiaohao Tan [Member]
Related Party Transaction [Line Items]
Ownership percentage	98.00%		98.00%
Related Party F [Member] | General and Administrative Expense [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 489,429		$ 489,429		689,427
Related Party G [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 282,164		$ 282,164		279,137
Related Party G [Member] | Beijing Ezagoo Shopping Holding Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage	92.00%		92.00%
Related Party G [Member] | Ms. Qianwen Zhang [Member]
Related Party Transaction [Line Items]
Ownership percentage	8.00%		8.00%
Related Party H [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 8,008		$ 8,008		7,922
Related Party H [Member] | Beijing Ezagoo Shopping Holding Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage	90.00%		90.00%
Related Party H [Member] | Ms. Qianwen Zhang [Member]
Related Party Transaction [Line Items]
Ownership percentage	10.00%		10.00%
Related Party I [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 2,550		$ 2,550		1,559
Related Party I [Member] | Beijing Ezagoo Shopping Holding Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage	80.00%		80.00%
Related Party J [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 224,507		$ 224,507		222,099
Related Party K [Member]
Related Party Transaction [Line Items]
Due to related parties	41,805		41,805		41,356
Related Party L [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 20,893		$ 20,893		14,668
Related Party L [Member] | Ezagoo B And R Industry Development Group Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage	100.00%		100.00%
Related Party M [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 285,459		$ 285,459
Related Party M [Member] | Mr. Xiaohao Tan [Member]
Related Party Transaction [Line Items]
Ownership percentage	85.00%		85.00%
Advertising cost			$ 285,459		0
Related Party N [Member]
Related Party Transaction [Line Items]
Due to related parties	$ 160,244		$ 160,244
Related Party N [Member] | Mr. Xiaohao Tan [Member]
Related Party Transaction [Line Items]
Ownership percentage	100.00%		100.00%
Advertising cost			$ 160,243		$ 0
Related Party [Member]
Related Party Transaction [Line Items]
Imputed interest			3,765
Related party costs of revenue			$ 284,862

DUE TO DIRECTOR (Details Narrat

DUE TO DIRECTOR (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Due To Director
Due to director	$ 35,316	$ 35,107

SCHEDULE OF MAJOR CUSTOMERS AND

SCHEDULE OF MAJOR CUSTOMERS AND MAJOR VENDORS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Concentration Risk [Line Items]
Revenues	$ 440,282	$ 39,026	$ 892,536	$ 44,344
Purchases	138,722	$ 26,292	318,065	$ 59,869
Accounts payable	11,767		11,767		$ 18,534
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Customer J [Member]
Concentration Risk [Line Items]
Revenues	$ 79,579		$ 126,974
Percentage of revenues/purchases	18.00%		15.00%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Total Customer [Member]
Concentration Risk [Line Items]
Revenues	$ 79,579		$ 126,974
Percentage of revenues/purchases	18.00%		15.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer J [Member]
Concentration Risk [Line Items]
Accounts receivable
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Total Customer [Member]
Concentration Risk [Line Items]
Accounts receivable
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member]
Concentration Risk [Line Items]
Purchases			$ 284,862
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Vendor H - Related Party M [Member]
Concentration Risk [Line Items]
Percentage of revenues/purchases	89.00%		90.00%
Purchases	$ 123,056		$ 284,862
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Total Vendor [Member]
Concentration Risk [Line Items]
Percentage of revenues/purchases	89.00%		90.00%
Purchases	$ 123,056
Supplier Concentration Risk [Member] | Accounts Payable [Member] | Vendor H - Related Party M [Member]
Concentration Risk [Line Items]
Accounts payable	285,459		$ 285,459
Supplier Concentration Risk [Member] | Accounts Payable [Member] | Total Vendor [Member]
Concentration Risk [Line Items]
Accounts payable	$ 285,459		$ 285,459

CONCENTRATIONS OF RISK (Details

CONCENTRATIONS OF RISK (Details Narrative)	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Customer [Member]
Concentration Risk [Line Items]
Concentration risk percentage	10.00%	10.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Vendor [Member]
Concentration Risk [Line Items]
Concentration risk percentage	10.00%	10.00%

SCHEDULE OF LEASE COST AND OTHE

SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Operating Lease
Operating lease cost (included in general and administration in the Company's unaudited condensed statement of operations)	$ 58,483	$ 27,171
Cash paid for amounts included in the measurement of lease liabilities for the first quarter 2021	$ 59,014	$ 30,276
Weighted average remaining lease term - operating leases (in years)	2 years 5 months 1 day	5 months 1 day
Average discount rate - operating leases	4.35%	4.35%

SCHEDULE OF SUPPLEMENTAL BALANC

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Operating Lease
Right-of-use assets	$ 432,839		$ 22,435
Total operating lease assets	432,839		22,435
Short-term operating lease liabilities	85,776		24,958
Long-term operating lease liabilities	350,439
Total operating lease liabilities	$ 436,215		$ 24,958

SCHEDULE OF MATURITIES OF LEASE

SCHEDULE OF MATURITIES OF LEASE LIABILITIES (Details) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Operating Lease
2021 (remaining 9 months)	$ 94,083	$ 25,230
2022	193,541
2023	170,424
Total lease payments	458,048	25,230
Less: Imputed interest/present value discount	(21,833)	(272)
Present value of lease liabilities	$ 436,215	$ 24,958

OPERATING LEASE (Details Narrat

OPERATING LEASE (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease expenses	$ 58,483	$ 27,171
Two Operating Lease Agreement [Member] | Beijing China [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lessee, Operating Lease, Term of Contract	2 years 8 months 17 days

ADDITIONAL PAID-IN CAPITAL _ _2

ADDITIONAL PAID-IN CAPITAL – CAPITAL CONTRIBUTION (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]
Additional paid-in capital - capital contribution	$ 1,304,881	$ 1,308,646
Related Party J [Member]
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items]
Capital contribution from related party	$ 725,690	$ 725,690