Ezagoo Limited (EZOO) 10-Q 21 Aug 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2023	Aug. 21, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
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	Rm 205, 2/F, Building 17
Entity Address, Address Line Two	Yard 1, Li Ze Road
Entity Address, City or Town	Feng Tai District
Entity Address, Country	CN
Entity Address, Postal Zip Code	100073
City Area Code	+86
Local Phone Number	139 751 09168
Title of 12(b) Security	Common Stock
Trading Symbol	EZOO
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, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 316,837	$ 454,980
Deposits, prepayments and other receivables	31,579	43,066
Income tax receivables	2,073	3,859
Total current assets	350,489	502,591
NON-CURRENT ASSETS
Property and equipment, net	102	1,124
Total non-current assets	127,861	182,644
TOTAL ASSETS	478,350	685,235
CURRENT LIABILITIES
Accounts payable	15,390	20,594
Accrual, other payables and deposits received	291,733	411,411
Deferred revenues	2,702	2,837
Total current liabilities	3,082,231	2,961,257
NON-CURRENT LIABILITIES
TOTAL LIABILITIES	3,092,914	2,961,257
STOCKHOLDERS’ DEFICIT
Preferred stocks, $0.0001 par value, 200,000,000 shares authorized, none issued and outstanding
Common stocks, $0.0001 par value, 600,000,000 shares authorized, 119,956,826 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	11,996	11,996
Additional paid-in capital	1,524,250	1,467,490
Accumulated other comprehensive gain	221,804	76,280
Accumulated deficit	(4,372,614)	(3,831,788)
TOTAL STOCKHOLDERS’ DEFICIT	(2,614,564)	(2,276,022)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	478,350	685,235
Related Party [Member]
CURRENT ASSETS
Amount due from a related party		686
NON-CURRENT ASSETS
Operating right-of-use assets, related party	31,366
CURRENT LIABILITIES
Amounts due to the related parties	2,652,980	2,342,816
Operating lease liabilities, related party, current portion	31,501
NON-CURRENT LIABILITIES
Operating lease liabilities, related party, non-current portion	10,683
Nonrelated Party [Member]
NON-CURRENT ASSETS
Operating right-of-use assets, related party	96,393	181,520
CURRENT LIABILITIES
Operating lease liabilities, related party, current portion	64,917	156,015
Director [Member]
CURRENT LIABILITIES
Amounts due to the related parties	$ 23,008	$ 27,584

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
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, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
REVENUES
Related party		$ 9		$ 9
Non-related parties	37,543	190	113,779	245,009
TOTAL REVENUES	37,543	199	113,779	245,018
COSTS AND EXPENSES
Cost of revenues - short video produce costs, related party				(5,541)
Cost of revenues - rental and related costs	(35,267)		(60,895)	(1,294)
Cost of revenues - salaries and related expenses	(40,025)	(45,165)	(79,514)	(101,150)
Sales and marketing expenses	(23,036)	(31,283)	(43,016)	(76,665)
General and administrative expenses	(201,276)	(261,344)	(416,729)	(578,556)
TOTAL COSTS AND EXPENSES	(299,604)	(337,792)	(600,154)	(763,206)
OPERATING LOSS	(262,061)	(337,593)	(486,375)	(518,188)
OTHER INCOME (EXPENSES)
Other income	2,258	3,373	2,314	4,616
Other expenses			(5)	(38)
Imputed interest expenses	(29,271)	(42,745)	(56,760)	(53,873)
TOTAL OTHER EXPENSES, NET	(27,013)	(39,372)	(54,451)	(49,295)
LOSS BEFORE INCOME TAX	(289,074)	(376,965)	(540,826)	(567,483)
INCOME TAX EXPENSES		(1,905)		(1,905)
NET LOSS	(289,074)	(378,870)	(540,826)	(569,388)
Other comprehensive income
Foreign exchange adjustment income	158,268	104,675	145,524	100,866
COMPREHENSIVE LOSS	$ (130,806)	$ (274,195)	$ (395,302)	$ (468,522)
Net loss per share - basic	$ 0	$ 0	$ 0	$ 0
Net loss per share - diluted	$ 0	$ 0	$ 0	$ 0
Weighted average number of common shares outstanding - Basic	119,956,826	119,956,826	119,956,826	119,956,826
Weighted average number of common shares outstanding - diluted	119,956,826	119,956,826	119,956,826	119,956,826

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes In Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2021	$ 11,996	$ 1,384,907	$ (107,503)	$ (2,578,180)	$ (1,288,780)
Balance, shares at Dec. 31, 2021	119,956,826
Imputed interest expenses		11,128			11,128
Net loss				(190,518)	(190,518)
Other comprehensive loss			(3,809)		(3,809)
Balance at Mar. 31, 2022	$ 11,996	1,396,035	(111,312)	(2,768,698)	(1,471,979)
Balance, shares at Mar. 31, 2022	119,956,826
Balance at Dec. 31, 2021	$ 11,996	1,384,907	(107,503)	(2,578,180)	(1,288,780)
Balance, shares at Dec. 31, 2021	119,956,826
Net loss					(569,388)
Balance at Jun. 30, 2022	$ 11,996	1,438,780	(6,637)	(3,147,568)	(1,703,429)
Balance, shares at Jun. 30, 2022	119,956,826
Balance at Mar. 31, 2022	$ 11,996	1,396,035	(111,312)	(2,768,698)	(1,471,979)
Balance, shares at Mar. 31, 2022	119,956,826
Imputed interest expenses		42,745			42,745
Net loss				(378,870)	(378,870)
Other comprehensive loss			104,675		104,675
Balance at Jun. 30, 2022	$ 11,996	1,438,780	(6,637)	(3,147,568)	(1,703,429)
Balance, shares at Jun. 30, 2022	119,956,826
Balance at Dec. 31, 2022	$ 11,996	1,467,490	76,280	(3,831,788)	(2,276,022)
Balance, shares at Dec. 31, 2022	119,956,826
Imputed interest expenses		27,489			27,489
Net loss				(251,752)	(251,752)
Other comprehensive loss			(12,744)		(12,744)
Balance at Mar. 31, 2023	$ 11,996	1,494,979	63,536	(4,083,540)	(2,513,029)
Balance, shares at Mar. 31, 2023	119,956,826
Balance at Dec. 31, 2022	$ 11,996	1,467,490	76,280	(3,831,788)	(2,276,022)
Balance, shares at Dec. 31, 2022	119,956,826
Net loss					(540,826)
Balance at Jun. 30, 2023	$ 11,996	1,524,250	221,804	(4,372,614)	(2,614,564)
Balance, shares at Jun. 30, 2023	119,956,826
Balance at Mar. 31, 2023	$ 11,996	1,494,979	63,536	(4,083,540)	(2,513,029)
Balance, shares at Mar. 31, 2023	119,956,826
Imputed interest expenses		29,271			29,271
Net loss				(289,074)	(289,074)
Other comprehensive loss			158,268		158,268
Balance at Jun. 30, 2023	$ 11,996	$ 1,524,250	$ 221,804	$ (4,372,614)	$ (2,614,564)
Balance, shares at Jun. 30, 2023	119,956,826

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (540,826)	$ (569,388)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation	3,374	5,297
Imputed interests, net	56,760	53,873
Changes in operating assets and liabilities:
Deposits, prepayments and other receivables	9,892	13,184
Repayments from related parties	684	325,164
Accounts payable	(4,427)	(28,104)
Accrual and other payables	(62,355)	27,557
Receipts in advance	(44,367)	19
Deferred revenues		(106,285)
Income tax receivables (payables)	1,782	(28,000)
Operating lease right-of-use assets	87,722	87,025
Operating lease right-of-use assets, related party	31,366
Operating lease liabilities	(90,275)	(89,755)
Operating lease liabilities, related party	(42,184)
Net cash used in operating activities	(592,854)	(309,413)
CASH FLOWS FROM FINANCING ACTIVITIES:
Funds advanced from the related parties	462,191	149,039
Repayments to a director	(3,887)
Net cash provided by financing activities	458,304	149,039
Effect of exchange rate changes on cash and cash equivalents	(3,593)	(3,089)
Net change in cash and cash equivalents	(138,143)	(163,463)
Cash and cash equivalents, beginning of period	454,980	559,119
CASH AND CASH EQUIVALENTS, END OF PERIOD	316,837	395,656
SUPPLEMENTAL CASH FLOWS INFORMATION
Cash paid for income taxes		29,905
Cash paid for interest paid
NON-CASH INVESTING AND FINANCING ACTIVITY
Operating lease right-of-use asset obtained in exchange for operating lease obligation	$ 43,350

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
ORGANIZATION AND BUSINESS BACKGROUND	NOTE 1 – 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. 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% of the equity interests of Beijing Ezagoo Zhicheng Internet Technology Limited. Beijing Ezagoo Zhicheng Internet Technology Limited is considered to be a variable interest entity, also referred to herein as a “VIE”, to Changsha Ezagoo Technology Limited, and therefore a VIE of the issuer, Ezagoo Limited, a Nevada Company. More information regarding this agreement can be found in exhibit 10.1, titled, “Call Option Agreement”. 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 (formerly named as Hunan Ezagoo Zhicheng Internet Technology Limited that change the company name on December 2, 2020). 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 December 31, 2018 On July 31, 2018 Xin Yang was appointed Chief Financial Officer of the Company. On March 3, 2021, the Company incorporated a branch company of Beijing Ezagoo Zhicheng Internet Technology Limited, named Changsha Branch of Beijing Ezagoo Industrial Development Group Holding Limited, the reason to continue the operating in Changsha is we had adapted to the business environment and adjusted business strategy. EZAGOO LIMITED and its subsidiaries are hereinafter referred to as the “Company”. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares)

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN UNCERTAINTIES	NOTE 2 - GOING CONCERN UNCERTAINTIES As of June 30, 2023, the Company suffered an accumulated deficit of $ 4,372,614 540,826 These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 - 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 consolidated presentation These condensed consolidated financial statements, accompanying notes, and related disclosures have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). The Company’s fiscal year end is December 31. The Company’s financial statements are presented in U.S. dollars. 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. ● Foreign currencies translation and re-measurement 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$”) and the accompanying condensed financial statements have been expressed in US$. In addition, the Company’s subsidiary in People’s Republic of China maintains its books and record in its local currency, Chinese Yuan (“RMB”), 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 (loss) within the statements of stockholders’ deficit. Translation of amounts from RMB into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES 2023 2022 As of and for the six months ended June 30, 2023 2022 Period-end RMB: US$1 exchange rate 7.25 6.70 Period-average RMB: US$1 exchange rate 6.92 6.47 Period-end HK$: US$1 exchange rate 7.84 7.85 Period-average HK$: US$1 exchange rate 7.84 7.82 Period-end and Period-average RMB and HK$: US$1 exchange rate 7.84 7.82 ● Cash and cash equivalents The company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. Cash and cash equivalents consist of cash on hand, demand deposits placed with banks that located in US, the Hong Kong and mainland China. ● Account receivables Account receivables are stated at the customer obligations due under normal trade terms net of allowance for doubtful accounts. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) ● Property, plant and equipment Property, plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. Estimated useful lives of the property and equipment are as follows: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Office equipment 3 5 The cost of maintenance and repairs is charged to expenses as incurred, whereas significant renewals and betterments are capitalized. ● Lease The Company accounts for its leases in accordance with ASC 842 Leases. The Company leases office space. The Company concludes on whether an arrangement is a lease at inception. This determination as to whether an arrangement contains a lease is based on an assessment as to whether a contract conveys the right to the Company to control the use of identified property, plant or equipment for period of time in exchange for consideration. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company recognizes these lease expenses on a straight-line basis over the lease term. The Company has assessed its contracts and concluded that its leases consist of only operating leases. Operating leases are included in operating lease right-of-use (ROU) assets, current portion of operating lease liabilities, and operating lease liabilities in the Company’s consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company determines an incremental borrowing rate based on the information available at commencement date 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 also includes any lease payments made and excludes lease incentives. Lease expense for lease payments is recognized on a straight-line basis over the lease term. ● Revenue recognition The Company assesses and follows the guidance of ASC 606, revenue from contracts with customers is recognized using the following five steps: 1. Identify the contract(s) with a customer; a. The parties to the contract have approved the contract (in writing, orally, or in accordance with other customary business practices) and are committed to perform their respective obligations. b. The entity can identify each party’s rights regarding the services to be transferred. c. The entity can identify the payment terms for the services to be transferred. d. The contract has commercial substance (that is, the risk, timing, or amount of the entity’s future cash flows is expected to change as a result of the contract). e. It is probable that the entity will collect substantially all of the consideration to which it will be entitled in exchange for the services that will be transferred to the customer. 2. Identify the performance obligations in the contract; a. According to the contract, the Company and Customer has to maintain the performance obligation, respectively. b. The customer shall pay for the services and goods after signing of the contract and provide appropriate advertisement materials, and the delivery address & contact information of the e-commerce order to the Company, the Company shall ensure the published advertisement and delivered goods of the Customer according to the contract terms. 3. Determine the transaction price; a. For the advertisement and e-commerce contract, the transaction price is explicitly stated in fixed amount in the contract. There is no variable consideration, such as discounts, rebates, consideration payable to customer or noncash consideration. There was no price concession, and the Company did not expect any price concession for the service performed during the periods ended June 30, 2023 and 2022. b. The contract does not contain any elements that would cause consideration under the arrangement to be variable (Examples include discounts, rebates, refunds, credits, incentives, tiered pricing, price guarantees, right of return, etc.). c. There are no factors that exist whereby it is not probable that a significant reversal or revenues will not occur in the contract. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) 4. Allocate the transaction price to the performance obligations in the contract; and a. There were no multiple performance obligations to which the transaction price must be allocated, and each contract only has one performance obligation. The standalone selling price is explicated stated in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. a. Per ASC 606, an entity shall recognize revenue when (or as) the entity satisfies a performance obligation by transferring a promised good or service (that is, an asset) to a customer. An asset is transferred when (or as) the customer obtains control of that asset. b. Revenue is recognized when the advertising service is performed. According to the sample advertising and e-commerce contract, upon obtaining the signed contract and order from the Customer, the service and goods’ period would be started. Therefore, the revenue is recognized when the service and goods are completely provided and delivered at that point in time. Under Topic 606, revenues are recognized when the promised services and goods have been confirmed and transferred to the consumers in amounts that reflect the consideration the customer expects to be entitled to in exchange for those services. The Company presents value added taxes (“VAT”) as reductions of revenues. The Company recognizes revenues net of value added taxes (“VAT”) and relevant charges. The Company’s revenue were mainly came from providing advertising services on the bus, and Xindian application that developed the Company (“advertisement income”). We’re planned to expand our brand to attract more potential users and customers as we met the bottleneck when we transformed the traditional bus advertising to our Xindian platform since January 1, 2022 (as the Changsha government decided to merger and control all the local bus themselves that effected on December 28, 2021). However, due to the high-level market competitive (Tiktok, RED etc.), the effect of the Covid-19, and the unsatisfactory operating dates, the Company decided to shut down the operation of Xindian Application effective from April 2023. During the period ended June 30, 2023, the Company’s revenue mainly from providing e-commerce trading of goods and products on ZCZX WeChat Application that is subscribed from Weimob (微盟集团, HK02013) (“trading income”), and providing e-commerce value-added service in LSM WeChat Application that is also subscribed from Weimob (微盟集团, HK02013) (“commission income”, that the Company only generated income till March 2023 now, as the Customer is updating they’re products line since April 2023 and they plan to launch their new products during the four quarter of 2023). ● Cost of revenues Cost of revenue includes costs of goods sold and sales commissions expenses of e-commerce trading in ZCZX, the operating salaries for the staffs who running the ZCZX and LSM. ● 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 interests were $ 56,760 53,873 ● Value-added taxes Revenue is recognized net of value-added taxes (“VAT”). The VAT is based on gross sales price and VAT rates applicable to the Company is 13% 6% ● Income taxes The Company followed the liability method of accounting for income taxes in accordance with ASC 740, Income Taxes, or ASC 740. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to reverse. The Company recorded a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rate is recognized in tax expense in the period that includes the enactment date of the change in tax rate. The Company accounted for uncertainties in income taxes in accordance with ASC 740. Interest and penalties related to unrecognizable tax benefit recognized in accordance with ASC 740 are classified in the consolidated statements of comprehensive loss as income tax expense. ● Earnings per share The Company computes earnings per share (“EPS”) in accordance with ASC Topic 260, “Earnings per share”. Basic EPS is measured as the income or loss available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Any potential common shares in 2023 and 2022 that have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. ● Commitments and contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) ● Related party transaction A related party is generally defined as (i) any person that holds 10% or more of the Company’s securities and their immediate families, (ii) the Company’s management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyone who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. ● Recent accounting pronouncements In March 2021, the FASB issued ASU 2021-03, “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 its carrying amount. The new guidance is effective prospectively but not applicable for us for the period ending June 30, 2023. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance as of March 30, 2021. An entity should not retroactively adopt the amendments in this update for interim financial statements already issued in the year of adoption. We are evaluating the effects, if any, of the adoption of this guidance on our financial position, results of operations and cash flows. In June 2022, the FASB issued ASU No. 2022-03, 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, 2023. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 4 - PROPERTY AND EQUIPMENT SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT June 30, December 31, As of June 30, December 31, Office equipment $ 42,332 $ 42,332 Less: Accumulated depreciation (42,230 ) (41,208 ) Property and equipment, net $ 102 $ 1,124 Depreciation expense, classified as operating expenses, was $ 3,374 5,297 Accumulated depreciation as of June 30, 2023 and December 31, 2022 were $ 44,582 41,208

AMOUNT DUE FROM A RELATED PARTY

AMOUNT DUE FROM A RELATED PARTY	6 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
AMOUNT DUE FROM A RELATED PARTY	NOTE 5 - AMOUNT DUE FROM A RELATED PARTY As of June 30, 2023, and December 31, 2022, the amount of 0 $ 686 100% 100%

DEPOSITS, PREPAYMENTS AND OTHER

DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES	6 Months Ended
	Jun. 30, 2023
Deposits Prepayments And Other Receivables
DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES	NOTE 6 - DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES Deposits, prepayments and other receivables consisted of the following: SCHEDULE OF DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES June 30, December 31, As of June 30, December 31, Deposits, prepayments and other receivables $ 31,579 $ 43,066 Total deposits, prepayments and other receivables $ 31,579 $ 43,066 As of June 30, 2023, the balance $ 31,579 43,066 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares)

ACCOUNTS PAYABLE

ACCOUNTS PAYABLE	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE	NOTE 7 - ACCOUNTS PAYABLE Accounts payable consists of the following: SCHEDULE OF ACCOUNT PAYABLE June 30, December 31, As of June 30, December 31, Accounts payable $ 15,390 $ 20,594 Total accounts payable $ 15,390 $ 20,594 As of June 30, 2023 and December 31, 2022, our accounts payable of $ 15,390 20,594

ACCRUED EXPENSES, OTHER PAYABLE

ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED	NOTE 8 – ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED Accrued expenses, other payable and deposits received consisted of the following: SCHEDULE OF ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED June 30, December 31, As of June 30, December 31, Accrued expenses $ 36,545 $ 32,424 Other payable 200,663 277,283 Deposits received from customers 54,525 101,704 Total $ 291,733 $ 411,411 Accrued expenses include the quarterly review fee & other accrued expenses. Other payable include the rent payables, and salaries payables. Deposits received from customers are advertisement service and e-commerce trading fee paid in advance by customers.

DEFERRED REVENUES

DEFERRED REVENUES	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
DEFERRED REVENUES	NOTE 9 - DEFERRED REVENUES As of June 30, 2023, and December 31, 2022, our deferred revenues are $ 2,702 2,837

DUE TO DIRECTOR

DUE TO DIRECTOR	6 Months Ended
	Jun. 30, 2023
Due To Director
DUE TO DIRECTOR	NOTE 10 - DUE TO DIRECTOR As of June 30, 2023, and December 31, 2022, a director of the Company advanced $ 23,008 27,584

DUE TO RELATED PARTIES

DUE TO RELATED PARTIES	6 Months Ended
	Jun. 30, 2023
Due To Related Parties
DUE TO RELATED PARTIES	NOTE 11 - DUE TO RELATED PARTIES SCHEDULE OF DUE TO RELATED PARTIES June 30, December 31, As of June 30, December 31, Amount due to related party B $ 205,281 $ 215,520 Amount due to related party C 22,222 23,330 Amount due to related party D 509,727 242,630 Amount due to related party E 119,874 124,850 Amount due to related party G 249,848 262,309 Amount due to related party H 7,130 7,486 Amount due to related party I 276 2,461 Amount due to related party J 879,142 772,898 Amount due to related party K 37,223 39,079 Amount due to related party L 20,893 20,893 Amount due to related party M 328,656 345,049 Amount due to related party N 128,892 135,321 Amount due to related party O 113,046 118,684 Amount due to related party P 30,770 32,306 Total $ 2,652,980 $ 2,342,816 Amount due to related parties $ 2,652,980 $ 2,342,816 Related party B is Changsha Boyi Zhicheng Management Consulting Co., Ltd. (former named: Hunan Ezagoo Shopping Co. Ltd.), Hunan Homestead Asset Management Co., Ltd. is a shareholder of Changsha Boyi Zhicheng Management Consulting Co., Ltd. (former named: Hunan Ezagoo Shopping Co. Ltd.), which is 100% 205,281 215,520 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. As of June 30, 2023 and December 31, 2022, related party C advanced $ 22,222 23,330 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) Related party D is Ms. Qianwen Zhang, the wife of Mr. Xiaohao Tan. Ms. Qianwen Zhang is also the Legal Company Representative of related party G, Kuaile Motors Camping Site Investment Development Limited. As of June 30, 2023 and December 31, 2022, related party D advanced $ 509,727 242,630 Related party E is Changsha Kexibeier E-commerce Limited, Mr. Cheng Zhang is the Legal Company Representative of the Changsha Kexibeier E-commerce Limited and BEZL. As of June 30, 2023 and December 31, 2022, related party E advanced $ 119,874 124,850 Related party G is Kuaile Motors Camping Site Investment Development Limited. Mr. Xiaohao Tan and his wife, Ms Qianwen Zhang owns equity of 92% 8% 249,848 262,309 Related party H is Hunan Yijiaren Hotel Limited, it’s owns 90% 10% 7,130 7,486 Related party I is Hunan Bright Lionrock Mountain Resort Limited. It’s owns by related party J, Beijing Ezagoo Industrial Development Group Holding Limited, and related party G, Hunan Kuaile Motors Camping Site Investment Development Ltd. with equity of 80% 20% 276 2,461 Related party J is Beijing Ezagoo Industrial Development Group Holding Limited. Its two main equity owners are related party N, Hunan Wancheng Xingyi Industrial Development Co., Ltd and Mr. Xiaohao Tan with equity of 71.85% 21.42% 879,142 772,898 Related party K is Ruiyin (Shenzhen) Financial Leasing Limited. Weihong Wan, Assistant and Secretary of Xiaohao Tan, is a Legal Company Representative of related party K. As of June 30, 2023 and December 31, 2022, related party K advanced $ 37,223 39,079 Related party L is Ezagoo B&R (HongKong) Industry Development Group Limited, which is 100% 20,893 20,893 Related party M is Hunan Ezagoo Film Co., Limited, which 85% 328,656 345,049 Related party N is Hunan Wancheng Xingyi Industrial Development Co., Limited, which is 100% 128,892 135,321 Related party O is Hunan Little Penguin Culture Communication Co., Limited, which 95% 5% 113,046 118,684 Related party P is Hunan Yuancheng Shengwang Marketing Co., Limited, which 82% 30,770 32,306 SCHEDULE OF DISCLOSURE OF RELATED PARTIES TRANSACTIONS 2023 2022 Disclosure of related parties’ transactions Six months ended June 31, 2023 2022 (Unaudited) (Unaudited) Commission income, related party $ - $ 9 Cost of revenue, related parties $ - $ 5,541 Rental expenses, related parties $ 13,935 $ - Imputed interest expenses to director $ 552 $ 619 Imputed interest expenses to related parties 56,349 70,048 Imputed interest income from related parties (141 ) (16,794 ) Total imputed interest expenses, net $ 56,760 $ 53,873 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares)

OPERATING LEASE

OPERATING LEASE	6 Months Ended
	Jun. 30, 2023
Operating Lease
OPERATING LEASE	NOTE 12 - OPERATING LEASE The Company has four operating lease agreement for the office space, the first one is in Beijing China with remaining lease term of 0.42 0.08 0.50 1.50 The details lease terms are shown as followings: SCHEDULE OF DETAILS OF LEASE TERM Lease agreement Expiry Date Original Lease Term The Remaining Lease Term 1 st Dec 9, 2023 2.67 0.42 2 nd Aug 1, 2023 1 0.08 3 rd Dec 31, 2023 1 0.50 4 th Dec 31, 2024 2 1.50 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. The components of lease expense and supplemental cash flow information related to leases for the period are as follows: (a) Rent expenses, non-related party For the six months ended June 30, 2023 and 2022, the Company has incurred non-related party’s rent expenses solely for the office premises on a monthly basis as follows: SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES NON RELATED PARTY 2023 2022 Six months ended June 30, 2023 2022 (Unaudited) (Unaudited) Lease Cost, non-related party Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 87,722 $ 93,783 Other Information, non-related party Cash paid for amounts included in the measurement of lease liabilities $ 90,275 $ 96,513 Weighted average remaining lease term – operating leases (in years) 0.42 1.42 Average discount rate – operating leases 4.35 % 4.35 % The supplemental balance sheet information related to non-related party’s leases as of June 30, 2023 and December 31, 2022 is as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES NON RELATED PARTY June 30, 2023 December 31, 2022 As of June 30, 2023 December 31, 2022 (Unaudited) (Audited) Operating leases, non-related party Operating right-of-use assets, non-related party $ 96,393 $ 181,520 Total operating right-of-use assets, non-related party $ 96,393 $ 181,520 Operating lease liabilities, non-related party - current portion $ 64,917 $ 156,015 Total operating lease liabilities, non-related party $ 64,917 $ 156,015 Maturities of the Company’s lease liabilities of non-related party are as follows: SCHEDULE OF MATURITIES OF LEASE LIABILITIES NON RELATED PARTY Period ending June 30, 2023 (non-related party) $ 65,580 2024 (non-related party) - Total lease payments (non-related party) 65,580 Less: Imputed interest/present value discount (663 ) Present value of lease liabilities (non-related party) $ 64,917 EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) (b) Rent expenses, related party For the six months ended June 30, 2023 and 2022, the Company has incurred related party’s rent expenses solely for the office premises on a monthly basis as follows: SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES RELATED PARTY 2023 2022 Six months ended June 30, 2023 2022 (Unaudited) (Unaudited) Lease Cost, related party Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 8,244 $ - Other Information, related party Cash paid for amounts included in the measurement of lease liabilities $ - $ - Weighted average remaining lease term – operating leases (in years) 1.50 - Average discount rate – operating leases 4.35 % - The supplemental balance sheet information related to related party’s leases as of June 30, 2023 and December 31, 2022 is as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES RELATED PARTY June 30, 2023 December 31, 2022 As of June 30, 2023 December 31, 2022 (Unaudited) (Unaudited) Operating leases, related party Operating right-of-use assets, related party $ 31,366 $ - Total operating right-of-use assets, related party $ 31,366 $ - Operating lease liabilities, related party - current portion $ 31,501 $ - Operating lease liabilities, related party – non-current portion 10,683 Total operating lease liabilities, related party $ 42,184 $ - Maturities of the Company’s lease liabilities of related party are as follows: SCHEDULE OF MATURITIES OF LEASE LIABILITIES RELATED PARTY Period ending June 30, 2023 (related party) $ 32,457 2024 (related party) 10,819 Total lease payments (related party) 43,276 Less: Imputed interest/present value discount (1,092 ) Present value of lease liabilities (related party) $ 42,184 Lease expenses of non-related party were $ 87,722 93,783 8,244 0

COMMON STOCK

COMMON STOCK	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
COMMON STOCK	NOTE 13 – COMMON STOCK As of June 30, 2023 and December 31, 2022, the Company has 119,956,826

ADDITIONAL PAID-IN CAPITAL

ADDITIONAL PAID-IN CAPITAL	6 Months Ended
	Jun. 30, 2023
Additional Paid-in Capital
ADDITIONAL PAID-IN CAPITAL	NOTE 14 – ADDITIONAL PAID-IN CAPITAL As of June 30, 2023 and December 31, 2022, the Company has a total additional paid-in capital - capital contribution balance of $ 1,524,250 1,467,490

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 15 – SUBSEQUENT EVENTS In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred up to August 21, 2023, the date the consolidated financial statements were available to issue. Based upon this evaluation, the Company did not identify any subsequent events that would have required adjustment or disclosure in the consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of consolidated presentation	● Basis of consolidated presentation These condensed consolidated financial statements, accompanying notes, and related disclosures have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). The Company’s fiscal year end is December 31. The Company’s financial statements are presented in U.S. dollars. 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.
Foreign currencies translation and re-measurement	● Foreign currencies translation and re-measurement 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$”) and the accompanying condensed financial statements have been expressed in US$. In addition, the Company’s subsidiary in People’s Republic of China maintains its books and record in its local currency, Chinese Yuan (“RMB”), 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 (loss) within the statements of stockholders’ deficit. Translation of amounts from RMB into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES 2023 2022 As of and for the six months ended June 30, 2023 2022 Period-end RMB: US$1 exchange rate 7.25 6.70 Period-average RMB: US$1 exchange rate 6.92 6.47 Period-end HK$: US$1 exchange rate 7.84 7.85 Period-average HK$: US$1 exchange rate 7.84 7.82 Period-end and Period-average RMB and HK$: US$1 exchange rate 7.84 7.82 ● Cash and cash equivalents The company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. Cash and cash equivalents consist of cash on hand, demand deposits placed with banks that located in US, the Hong Kong and mainland China. ● Account receivables Account receivables are stated at the customer obligations due under normal trade terms net of allowance for doubtful accounts. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) ● Property, plant and equipment Property, plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. Estimated useful lives of the property and equipment are as follows: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Office equipment 3 5 The cost of maintenance and repairs is charged to expenses as incurred, whereas significant renewals and betterments are capitalized.
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. Cash and cash equivalents consist of cash on hand, demand deposits placed with banks that located in US, the Hong Kong and mainland China.
Account receivables	● Account receivables Account receivables are stated at the customer obligations due under normal trade terms net of allowance for doubtful accounts. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares)
Property, plant and equipment	● Property, plant and equipment Property, plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. Estimated useful lives of the property and equipment are as follows: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Office equipment 3 5
Lease	● Lease The Company accounts for its leases in accordance with ASC 842 Leases. The Company leases office space. The Company concludes on whether an arrangement is a lease at inception. This determination as to whether an arrangement contains a lease is based on an assessment as to whether a contract conveys the right to the Company to control the use of identified property, plant or equipment for period of time in exchange for consideration. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company recognizes these lease expenses on a straight-line basis over the lease term. The Company has assessed its contracts and concluded that its leases consist of only operating leases. Operating leases are included in operating lease right-of-use (ROU) assets, current portion of operating lease liabilities, and operating lease liabilities in the Company’s consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company determines an incremental borrowing rate based on the information available at commencement date 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 also includes any lease payments made and excludes lease incentives. Lease expense for lease payments is recognized on a straight-line basis over the lease term.
Revenue recognition	● Revenue recognition The Company assesses and follows the guidance of ASC 606, revenue from contracts with customers is recognized using the following five steps: 1. Identify the contract(s) with a customer; a. The parties to the contract have approved the contract (in writing, orally, or in accordance with other customary business practices) and are committed to perform their respective obligations. b. The entity can identify each party’s rights regarding the services to be transferred. c. The entity can identify the payment terms for the services to be transferred. d. The contract has commercial substance (that is, the risk, timing, or amount of the entity’s future cash flows is expected to change as a result of the contract). e. It is probable that the entity will collect substantially all of the consideration to which it will be entitled in exchange for the services that will be transferred to the customer. 2. Identify the performance obligations in the contract; a. According to the contract, the Company and Customer has to maintain the performance obligation, respectively. b. The customer shall pay for the services and goods after signing of the contract and provide appropriate advertisement materials, and the delivery address & contact information of the e-commerce order to the Company, the Company shall ensure the published advertisement and delivered goods of the Customer according to the contract terms. 3. Determine the transaction price; a. For the advertisement and e-commerce contract, the transaction price is explicitly stated in fixed amount in the contract. There is no variable consideration, such as discounts, rebates, consideration payable to customer or noncash consideration. There was no price concession, and the Company did not expect any price concession for the service performed during the periods ended June 30, 2023 and 2022. b. The contract does not contain any elements that would cause consideration under the arrangement to be variable (Examples include discounts, rebates, refunds, credits, incentives, tiered pricing, price guarantees, right of return, etc.). c. There are no factors that exist whereby it is not probable that a significant reversal or revenues will not occur in the contract. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares) 4. Allocate the transaction price to the performance obligations in the contract; and a. There were no multiple performance obligations to which the transaction price must be allocated, and each contract only has one performance obligation. The standalone selling price is explicated stated in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. a. Per ASC 606, an entity shall recognize revenue when (or as) the entity satisfies a performance obligation by transferring a promised good or service (that is, an asset) to a customer. An asset is transferred when (or as) the customer obtains control of that asset. b. Revenue is recognized when the advertising service is performed. According to the sample advertising and e-commerce contract, upon obtaining the signed contract and order from the Customer, the service and goods’ period would be started. Therefore, the revenue is recognized when the service and goods are completely provided and delivered at that point in time. Under Topic 606, revenues are recognized when the promised services and goods have been confirmed and transferred to the consumers in amounts that reflect the consideration the customer expects to be entitled to in exchange for those services. The Company presents value added taxes (“VAT”) as reductions of revenues. The Company recognizes revenues net of value added taxes (“VAT”) and relevant charges. The Company’s revenue were mainly came from providing advertising services on the bus, and Xindian application that developed the Company (“advertisement income”). We’re planned to expand our brand to attract more potential users and customers as we met the bottleneck when we transformed the traditional bus advertising to our Xindian platform since January 1, 2022 (as the Changsha government decided to merger and control all the local bus themselves that effected on December 28, 2021). However, due to the high-level market competitive (Tiktok, RED etc.), the effect of the Covid-19, and the unsatisfactory operating dates, the Company decided to shut down the operation of Xindian Application effective from April 2023. During the period ended June 30, 2023, the Company’s revenue mainly from providing e-commerce trading of goods and products on ZCZX WeChat Application that is subscribed from Weimob (微盟集团, HK02013) (“trading income”), and providing e-commerce value-added service in LSM WeChat Application that is also subscribed from Weimob (微盟集团, HK02013) (“commission income”, that the Company only generated income till March 2023 now, as the Customer is updating they’re products line since April 2023 and they plan to launch their new products during the four quarter of 2023).
Cost of revenues	● Cost of revenues Cost of revenue includes costs of goods sold and sales commissions expenses of e-commerce trading in ZCZX, the operating salaries for the staffs who running the ZCZX and LSM.
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 interests were $ 56,760 53,873
Value-added taxes	● Value-added taxes Revenue is recognized net of value-added taxes (“VAT”). The VAT is based on gross sales price and VAT rates applicable to the Company is 13% 6%
Income taxes	● Income taxes The Company followed the liability method of accounting for income taxes in accordance with ASC 740, Income Taxes, or ASC 740. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to reverse. The Company recorded a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rate is recognized in tax expense in the period that includes the enactment date of the change in tax rate. The Company accounted for uncertainties in income taxes in accordance with ASC 740. Interest and penalties related to unrecognizable tax benefit recognized in accordance with ASC 740 are classified in the consolidated statements of comprehensive loss as income tax expense.
Earnings per share	● Earnings per share The Company computes earnings per share (“EPS”) in accordance with ASC Topic 260, “Earnings per share”. Basic EPS is measured as the income or loss available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Any potential common shares in 2023 and 2022 that have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.
Commitments and contingencies	● Commitments and contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. EZAGOO LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Currency expressed in United States Dollars (“US$”), except for number of shares)
Related party transaction	● Related party transaction A related party is generally defined as (i) any person that holds 10% or more of the Company’s securities and their immediate families, (ii) the Company’s management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyone who can significantly influence the financial and operating decisions of the Company. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated.
Recent accounting pronouncements	● Recent accounting pronouncements In March 2021, the FASB issued ASU 2021-03, “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 its carrying amount. The new guidance is effective prospectively but not applicable for us for the period ending June 30, 2023. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance as of March 30, 2021. An entity should not retroactively adopt the amendments in this update for interim financial statements already issued in the year of adoption. We are evaluating the effects, if any, of the adoption of this guidance on our financial position, results of operations and cash flows. In June 2022, the FASB issued ASU No. 2022-03, 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, 2023. Implementation on a prospective or retrospective basis varies by specific disclosure requirement. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES	Translation of amounts from RMB into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION OF EXCHANGE RATES 2023 2022 As of and for the six months ended June 30, 2023 2022 Period-end RMB: US$1 exchange rate 7.25 6.70 Period-average RMB: US$1 exchange rate 6.92 6.47 Period-end HK$: US$1 exchange rate 7.84 7.85 Period-average HK$: US$1 exchange rate 7.84 7.82 Period-end and Period-average RMB and HK$: US$1 exchange rate 7.84 7.82
SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES	Property, plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. Estimated useful lives of the property and equipment are as follows: SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES Office equipment 3 5

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT June 30, December 31, As of June 30, December 31, Office equipment $ 42,332 $ 42,332 Less: Accumulated depreciation (42,230 ) (41,208 ) Property and equipment, net $ 102 $ 1,124

DEPOSITS, PREPAYMENTS AND OTH_2

DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2023
Deposits Prepayments And Other Receivables
SCHEDULE OF DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES	Deposits, prepayments and other receivables consisted of the following: SCHEDULE OF DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES June 30, December 31, As of June 30, December 31, Deposits, prepayments and other receivables $ 31,579 $ 43,066 Total deposits, prepayments and other receivables $ 31,579 $ 43,066

ACCOUNTS PAYABLE (Tables)

ACCOUNTS PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
SCHEDULE OF ACCOUNT PAYABLE	Accounts payable consists of the following: SCHEDULE OF ACCOUNT PAYABLE June 30, December 31, As of June 30, December 31, Accounts payable $ 15,390 $ 20,594 Total accounts payable $ 15,390 $ 20,594

ACCRUED EXPENSES, OTHER PAYAB_2

ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED (Tables)	6 Months Ended
	Jun. 30, 2023
Payables and Accruals [Abstract]
SCHEDULE OF ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED	Accrued expenses, other payable and deposits received consisted of the following: SCHEDULE OF ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED June 30, December 31, As of June 30, December 31, Accrued expenses $ 36,545 $ 32,424 Other payable 200,663 277,283 Deposits received from customers 54,525 101,704 Total $ 291,733 $ 411,411

DUE TO RELATED PARTIES (Tables)

DUE TO RELATED PARTIES (Tables)	6 Months Ended
	Jun. 30, 2023
Due To Related Parties
SCHEDULE OF DUE TO RELATED PARTIES	SCHEDULE OF DUE TO RELATED PARTIES June 30, December 31, As of June 30, December 31, Amount due to related party B $ 205,281 $ 215,520 Amount due to related party C 22,222 23,330 Amount due to related party D 509,727 242,630 Amount due to related party E 119,874 124,850 Amount due to related party G 249,848 262,309 Amount due to related party H 7,130 7,486 Amount due to related party I 276 2,461 Amount due to related party J 879,142 772,898 Amount due to related party K 37,223 39,079 Amount due to related party L 20,893 20,893 Amount due to related party M 328,656 345,049 Amount due to related party N 128,892 135,321 Amount due to related party O 113,046 118,684 Amount due to related party P 30,770 32,306 Total $ 2,652,980 $ 2,342,816 Amount due to related parties $ 2,652,980 $ 2,342,816
SCHEDULE OF DISCLOSURE OF RELATED PARTIES TRANSACTIONS	SCHEDULE OF DISCLOSURE OF RELATED PARTIES TRANSACTIONS 2023 2022 Disclosure of related parties’ transactions Six months ended June 31, 2023 2022 (Unaudited) (Unaudited) Commission income, related party $ - $ 9 Cost of revenue, related parties $ - $ 5,541 Rental expenses, related parties $ 13,935 $ - Imputed interest expenses to director $ 552 $ 619 Imputed interest expenses to related parties 56,349 70,048 Imputed interest income from related parties (141 ) (16,794 ) Total imputed interest expenses, net $ 56,760 $ 53,873

OPERATING LEASE (Tables)

OPERATING LEASE (Tables)	6 Months Ended
	Jun. 30, 2023
Defined Benefit Plan Disclosure [Line Items]
SCHEDULE OF DETAILS OF LEASE TERM	The details lease terms are shown as followings: SCHEDULE OF DETAILS OF LEASE TERM Lease agreement Expiry Date Original Lease Term The Remaining Lease Term 1 st Dec 9, 2023 2.67 0.42 2 nd Aug 1, 2023 1 0.08 3 rd Dec 31, 2023 1 0.50 4 th Dec 31, 2024 2 1.50
SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES RELATED PARTY	For the six months ended June 30, 2023 and 2022, the Company has incurred non-related party’s rent expenses solely for the office premises on a monthly basis as follows: SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES NON RELATED PARTY 2023 2022 Six months ended June 30, 2023 2022 (Unaudited) (Unaudited) Lease Cost, non-related party Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 87,722 $ 93,783 Other Information, non-related party Cash paid for amounts included in the measurement of lease liabilities $ 90,275 $ 96,513 Weighted average remaining lease term – operating leases (in years) 0.42 1.42 Average discount rate – operating leases 4.35 % 4.35 %
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES RELATED PARTY	The supplemental balance sheet information related to non-related party’s leases as of June 30, 2023 and December 31, 2022 is as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES NON RELATED PARTY June 30, 2023 December 31, 2022 As of June 30, 2023 December 31, 2022 (Unaudited) (Audited) Operating leases, non-related party Operating right-of-use assets, non-related party $ 96,393 $ 181,520 Total operating right-of-use assets, non-related party $ 96,393 $ 181,520 Operating lease liabilities, non-related party - current portion $ 64,917 $ 156,015 Total operating lease liabilities, non-related party $ 64,917 $ 156,015
SCHEDULE OF MATURITIES OF LEASE LIABILITIES RELATED PARTY	Maturities of the Company’s lease liabilities of non-related party are as follows: SCHEDULE OF MATURITIES OF LEASE LIABILITIES NON RELATED PARTY Period ending June 30, 2023 (non-related party) $ 65,580 2024 (non-related party) - Total lease payments (non-related party) 65,580 Less: Imputed interest/present value discount (663 ) Present value of lease liabilities (non-related party) $ 64,917
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES RELATED PARTY	For the six months ended June 30, 2023 and 2022, the Company has incurred related party’s rent expenses solely for the office premises on a monthly basis as follows: SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES RELATED PARTY 2023 2022 Six months ended June 30, 2023 2022 (Unaudited) (Unaudited) Lease Cost, related party Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations) $ 8,244 $ - Other Information, related party Cash paid for amounts included in the measurement of lease liabilities $ - $ - Weighted average remaining lease term – operating leases (in years) 1.50 - Average discount rate – operating leases 4.35 % -
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES RELATED PARTY	The supplemental balance sheet information related to related party’s leases as of June 30, 2023 and December 31, 2022 is as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES RELATED PARTY June 30, 2023 December 31, 2022 As of June 30, 2023 December 31, 2022 (Unaudited) (Unaudited) Operating leases, related party Operating right-of-use assets, related party $ 31,366 $ - Total operating right-of-use assets, related party $ 31,366 $ - Operating lease liabilities, related party - current portion $ 31,501 $ - Operating lease liabilities, related party – non-current portion 10,683 Total operating lease liabilities, related party $ 42,184 $ -
SCHEDULE OF MATURITIES OF LEASE LIABILITIES RELATED PARTY	Maturities of the Company’s lease liabilities of related party are as follows: SCHEDULE OF MATURITIES OF LEASE LIABILITIES RELATED PARTY Period ending June 30, 2023 (related party) $ 32,457 2024 (related party) 10,819 Total lease payments (related party) 43,276 Less: Imputed interest/present value discount (1,092 ) Present value of lease liabilities (related party) $ 42,184

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative)	Jul. 20, 2018 CNY (¥)	Jun. 30, 2018 USD ($) $ / shares shares	May 09, 2018 USD ($) $ / shares shares	Jun. 30, 2023 $ / shares	Dec. 31, 2022 $ / shares	Jun. 25, 2018 $ / shares	Jun. 06, 2018 $ / shares
Common stock, par value				$ 0.0001	$ 0.0001
Management Services Agreement [Member] | Changsha Ezagoo Technology Limited [Member]
Profit percentage	100%
Changsha Ezagoo Technology Limited [Member] | Management Services Agreement [Member]
Percentage of shares owned	100%
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 (formerly named as Hunan Ezagoo Zhicheng Internet Technology Limited that change the company name on December 2, 2020). 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
Agreement effective date	Jul. 20, 2018
Agreement period	10 years
Changsha Ezagoo Technology Limited [Member] | Loan Agreement [Member]
Loans and leases receivable related parties | ¥	¥ 100,000
Debt instrument, maturity date	Dec. 31, 2018
Ezagoo Holding Limited [Member]
Business acquisition share price						$ 1	$ 0.13
Restricted Stock [Member] | Greenpro Asia Strategic SPC [Member]
Sale of stock number of shares issued in transaction | shares		1,358,500
Tan Xiaohao [Member] | Restricted Stock [Member]
Sale of stock number of shares issued in transaction | shares			90,050,500
Common stock, par value			$ 0.0001
Sale of stock consideration received on transaction | $			$ 9,005
Zhang Qianwen [Member] | Restricted Stock [Member]
Sale of stock number of shares issued in transaction | shares		3,591,000
Zhang Qianwen [Member] | Restricted Stock [Member] | Greenpro Asia Strategic SPC [Member]
Common stock, par value		$ 0.0001
Sale of stock consideration received on transaction | $		$ 495

GOING CONCERN UNCERTAINTIES (De

GOING CONCERN UNCERTAINTIES (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 4,372,614				$ 4,372,614		$ 3,831,788
Net loss	$ 289,074	$ 251,752	$ 378,870	$ 190,518	$ 540,826	$ 569,388

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIVES (Details)	Jun. 30, 2023	Jun. 30, 2022
Office Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Office Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Period End [Member]
Property, Plant and Equipment [Line Items]
Period-end and Period-average RMB and HK$: US$1 exchange rate	7.25	6.70
Period Average [Member]
Property, Plant and Equipment [Line Items]
Period-end and Period-average RMB and HK$: US$1 exchange rate	6.92	6.47
Period End HK [Member]
Property, Plant and Equipment [Line Items]
Period-end and Period-average RMB and HK$: US$1 exchange rate	7.84	7.85
Period Average HK [Member]
Property, Plant and Equipment [Line Items]
Period-end and Period-average RMB and HK$: US$1 exchange rate	7.84	7.82

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Accounting Policies [Abstract]
Imputed interest	$ 56,760	$ 53,873
Trading income percentage ralated to value added tax	13%	13%
Commission income percentage ralated to value added tax	6%	6%

SCHEDULE OF PROPERTY, PLANT AND

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Office equipment	$ 42,332	$ 42,332
Less: Accumulated depreciation	(42,230)	(41,208)
Property and equipment, net	$ 102	$ 1,124

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 3,374	$ 5,297
Accumulated depreciation	$ 44,582		$ 41,208

AMOUNT DUE FROM A RELATED PAR_2

AMOUNT DUE FROM A RELATED PARTY (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Grand Progressive Holdings Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage	100%
Mr. Xiaohao Tan [Member]
Related Party Transaction [Line Items]
Ownership percentage	100%
Related Party Q [Member]
Related Party Transaction [Line Items]
Due from related party	$ 0	$ 686

SCHEDULE OF DEPOSITS, PREPAYMEN

SCHEDULE OF DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Deposits Prepayments And Other Receivables
Deposits, prepayments and other receivables	$ 31,579	$ 43,066
Total deposits, prepayments and other receivables	$ 31,579	$ 43,066

DEPOSITS, PREPAYMENTS AND OTH_3

DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Deposits Prepayments And Other Receivables
Prepaid expense and other assets	$ 31,579	$ 43,066

SCHEDULE OF ACCOUNT PAYABLE (De

SCHEDULE OF ACCOUNT PAYABLE (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accounts payable	$ 15,390	$ 20,594
Total accounts payable	$ 15,390	$ 20,594

SCHEDULE OF ACCRUED EXPENSES, O

SCHEDULE OF ACCRUED EXPENSES, OTHER PAYABLE AND DEPOSITS RECEIVED (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued expenses	$ 36,545	$ 32,424
Other payable	200,663	277,283
Deposits received from customers	54,525	101,704
Total	$ 291,733	$ 411,411

ACCOUNTS PAYABLE (Details Narra

ACCOUNTS PAYABLE (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accounts payable current	$ 15,390	$ 20,594

DEFERRED REVENUES (Details Narr

DEFERRED REVENUES (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Deferred revenues	$ 2,702	$ 2,837

DUE TO DIRECTOR (Details Narrat

DUE TO DIRECTOR (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Director [Member]
Defined Benefit Plan Disclosure [Line Items]
Due to director, amount	$ 23,008	$ 27,584

SCHEDULE OF DUE TO RELATED PART

SCHEDULE OF DUE TO RELATED PARTIES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Related Party B [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	$ 205,281	$ 215,520
Related Party C [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	22,222	23,330
Related Party D [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	509,727	242,630
Related Party E [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	119,874	124,850
Related Party G [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	249,848	262,309
Related Party H [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	7,130	7,486
Related Party I [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	276	2,461
Related Party J [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	879,142	772,898
Related Party K [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	37,223	39,079
Related Party L [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	20,893	20,893
Related Party M [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	328,656	345,049
Related Party N [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	128,892	135,321
Related Party O [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	113,046	118,684
Related Party P [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	30,770	32,306
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Amount due to related parties	$ 2,652,980	$ 2,342,816

SCHEDULE OF DISCLOSURE OF RELAT

SCHEDULE OF DISCLOSURE OF RELATED PARTIES TRANSACTIONS (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Commission income, related party		$ 9
Cost of revenue, related parties		5,541
Rental expenses, related parties	13,935
Total imputed interest expenses, net	56,760	53,873
Director [Member]
Defined Benefit Plan Disclosure [Line Items]
Imputed interest expenses to related parties	552	619
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Imputed interest expenses to related parties	56,349	70,048
Imputed interest income from related parties	$ (141)	$ (16,794)

DUE TO RELATED PARTIES (Details

DUE TO RELATED PARTIES (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Related Party B [Member]
Due to related parties	$ 205,281	$ 215,520
Related Party C [Member]
Due to related parties	22,222	23,330
Related Party D [Member]
Due to related parties	509,727	242,630
Related Party E [Member]
Due to related parties	119,874	124,850
Related Party G [Member]
Due to related parties	249,848	262,309
Related Party H [Member]
Due to related parties	7,130	7,486
Related Party I [Member]
Due to related parties	276	2,461
Related Party J [Member]
Due to related parties	879,142	772,898
Related Party K [Member]
Due to related parties	37,223	39,079
Related Party L [Member]
Due to related parties	20,893	20,893
Related Party M [Member]
Due to related parties	328,656	345,049
Related Party N [Member]
Due to related parties	128,892	135,321
Related Party O [Member]
Due to related parties	113,046	118,684
Related Party P [Member]
Due to related parties	$ 30,770	$ 32,306
Related Party B [Member] | Chengfu Tan [Member]
Equity method investment, ownership percentage	100%
Related Party G [Member] | Mr. Xiaohao Tan [Member]
Equity method investment, ownership percentage	92%
Related Party G [Member] | Ms. Qianwen Zhang [Member]
Equity method investment, ownership percentage	8%
Related Party H [Member] | Hunan Yijiaren Hotel Limited [Member]
Equity method investment, ownership percentage	90%
Related Party H [Member] | Beijing Ezagoo Zhicheng Internet Technology Limited and Ms. Qianwen Zhang [Member]
Equity method investment, ownership percentage	10%
Related Party I [Member] | Beijing Ezagoo Industrial Development Group Holding Limited [Member]
Equity method investment, ownership percentage	80%
Related Party I [Member] | Hunan Kuaile Motors Camping Site Investment Development Ltd [Member]
Equity method investment, ownership percentage	20%
Related Party J [Member] | Beijing Ezagoo Industrial Development Group Holding Limited [Member]
Equity method investment, ownership percentage	95%
Related Party J [Member] | Hunan Wancheng Xingyi Industrial Development Co Ltd [Member]
Equity method investment, ownership percentage	71.85%
Related Party J [Member] | Mr. Xiaohao Tan [Member]
Equity method investment, ownership percentage	21.42%
Related Party J [Member] | Mr. Xiaohao Tan [Member]
Equity method investment, ownership percentage	5%
Related Party L [Member] | Mr. Xiaohao Tan [Member]
Equity method investment, ownership percentage	100%
Related Party M [Member] | Mr. Xiaohao Tan [Member]
Equity method investment, ownership percentage	85%
Related Party N [Member] | Mr. Xiaohao Tan [Member]
Equity method investment, ownership percentage	100%
Related Party P [Member] | Beijing Ezagoo Industrial Development Group Holding Limited [Member]
Equity method investment, ownership percentage	82%

SCHEDULE OF DETAILS OF LEASE TE

SCHEDULE OF DETAILS OF LEASE TERM (Details)	6 Months Ended
	Jun. 30, 2023
1st Beijing Office Rent [Member]
Expiry Date	Dec. 09, 2023
Original Lease Term	2 years 8 months 1 day
The Remaining Lease Term	5 months 1 day
2nd Changsha Office Rent, Related Party [Member]
Expiry Date	Aug. 01, 2023
Original Lease Term	1 year
The Remaining Lease Term	29 days
3rd Beijing Office Rent, Related Party [Member]
Expiry Date	Dec. 31, 2023
Original Lease Term	1 year
The Remaining Lease Term	6 months
4th Changsha Office Rent, Related Party [Member]
Expiry Date	Dec. 31, 2024
Original Lease Term	2 years
The Remaining Lease Term	1 year 6 months

SCHEDULE OF LEASE COST AND OTHE

SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES NON RELATED PARTY (Details) - Nonrelated Party [Member] - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations)	$ 87,722	$ 93,783
Cash paid for amounts included in the measurement of lease liabilities	$ 90,275	$ 96,513
Weighted average remaining lease term - operating leases (in years)	5 months 1 day	1 year 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 NON RELATED PARTY (Details) - Nonrelated Party [Member] - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Operating right-of-use assets, non-related party	$ 96,393	$ 181,520
Total operating right-of-use assets, non-related party	96,393	181,520
Operating lease liabilities, non-related party - current portion	64,917	156,015
Total operating lease liabilities, non-related party	$ 64,917	$ 156,015

SCHEDULE OF MATURITIES OF LEASE

SCHEDULE OF MATURITIES OF LEASE LIABILITIES NON RELATED PARTY (Details) - Nonrelated Party [Member] - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
2023 (non-related party)	$ 65,580
2024 (non-related party)
Total lease payments (non-related party)	65,580
Less: Imputed interest/present value discount	(663)
Present value of lease liabilities (non-related party)	$ 64,917	$ 156,015

SCHEDULE OF LEASE COST AND OT_2

SCHEDULE OF LEASE COST AND OTHER INFORMATION RELATED TO OPERATING LEASES RELATED PARTY (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations)	$ (31,366)
Cash paid for amounts included in the measurement of lease liabilities	(42,184)
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations)	8,244
Cash paid for amounts included in the measurement of lease liabilities
Weighted average remaining lease term - operating leases (in years)	1 year 6 months
Average discount rate - operating leases	4.35%

SCHEDULE OF SUPPLEMENTAL BALA_2

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES RELATED PARTY (Details) - Related Party [Member] - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Operating right-of-use assets, related party	$ 31,366
Total operating right-of-use assets, non-related party	31,366
Operating lease liabilities, related party - current portion	31,501
Operating lease liabilities, related party – non-current portion	10,683
Total operating lease liabilities, non-related party	$ 42,184

SCHEDULE OF MATURITIES OF LEA_2

SCHEDULE OF MATURITIES OF LEASE LIABILITIES RELATED PARTY (Details) - Related Party [Member]	Jun. 30, 2023 USD ($)
Defined Benefit Plan Disclosure [Line Items]
2023 (related party)	$ 32,457
2024 (related party)	10,819
Total lease payments (non-related party)	43,276
Less: Imputed interest/present value discount	(1,092)
Present value of lease liabilities (related party)	$ 42,184

OPERATING LEASE (Details Narrat

OPERATING LEASE (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Nonrelated Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Lease expenses	$ 87,722	$ 93,783
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Lease expenses	$ 8,244	$ 0
1st Beijing Office Rent [Member]
Defined Benefit Plan Disclosure [Line Items]
Lease remaining lease term	5 months 1 day
2nd Changsha Office Rent, Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Lease remaining lease term	29 days
3rd Beijing Office Rent, Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Lease remaining lease term	6 months
4th Changsha Office Rent, Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Lease remaining lease term	1 year 6 months

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - shares	Jun. 30, 2023	Dec. 31, 2022
Equity [Abstract]
Common stock, shares issued	119,956,826	119,956,826
Common stock, shares outstanding	119,956,826	119,956,826

ADDITIONAL PAID-IN CAPITAL (Det

ADDITIONAL PAID-IN CAPITAL (Details Narrative) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Additional Paid-in Capital
Additional paid in capital	$ 1,524,250	$ 1,467,490