WANG & LEE (WLGS) 20-F 15 May 23 2022 FY Annual report (foreign) Financial data

Cover

Cover - shares	12 Months Ended
	Dec. 31, 2022	May 10, 2023
Entity Addresses [Line Items]
Document Type	20-F
Amendment Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-41681
Entity Registrant Name	WANG & LEE GROUP, Inc.
Entity Central Index Key	0001899658
Entity Incorporation, State or Country Code	D8
Entity Address, Address Line One	5-6/F Wing Tai Factory Building
Entity Address, Address Line Two	3 Tai Yip Street
Entity Address, City or Town	Kwun Tong
Entity Address, Country	HK
Title of 12(b) Security	Ordinary Shares with no par value
Trading Symbol	WLGS
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Document Accounting Standard	U.S. GAAP
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		15,096,331
Auditor Name	WWC, P.C
Auditor Firm ID	1171
Auditor Location	San Mateo, California
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	5-6/F Wing Tai Factory Building
Entity Address, Address Line Two	3 Tai Yip Street
Entity Address, City or Town	Kwun Tong
Entity Address, Country	HK
City Area Code	+852
Local Phone Number	2889 1313
Contact Personnel Name	Pui Lung Ho
Contact Personnel Email Address	mgt@wangnlee.com.hk

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 609,616	$ 537,738
Account receivables, net	1,068,287	681,449
Contract assets, net	1,037,458	943,369
Retention receivables – current, net	2,216	67,549
Other receivables		16,565
Other receivables – related parties	1,282	1,283
Advance and prepayments	159,741	16,625
Total current assets	2,878,600	2,264,578
Retention receivables – non-current, net	219,599	150,589
Plant and equipment, net	1,812	4,425
TOTAL ASSETS	3,100,011	2,419,592
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Short-term bank loans	455,103	258,539
Accounts payables	937,043	694,581
Other payables	47,730	76,119
Contract liabilities	867,132	227,371
Other payables – related parties	1,853,263	1,526,557
Total current liabilities	4,160,271	2,783,167
Bank loans – non-current	653,185	752,859
TOTAL LIABILITIES	4,813,456	3,536,026
Commitments and contingencies
Shareholders’ Deficit
Ordinary share, no par value; 12,000,000 shares issued and outstanding as of December 31, 2022 and 2021.	2	2
Additional paid in capital	503,225	503,225
Accumulated deficit	(2,221,822)	(1,624,941)
Accumulated other comprehensive income	5,150	5,280
Total Shareholders’ Deficit	(1,713,445)	(1,116,434)
TOTAL LIABILTIES AND SHAREHOLDERS’ DEFICIT	$ 3,100,011	$ 2,419,592

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock no par value per share	$ 0	$ 0
Common stock shares issued	12,000,000	12,000,000
Common stock shares outstanding	12,000,000	12,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Contract revenues	$ 4,169,931	$ 4,135,059
Contract costs	3,384,227	3,275,299
Gross profit	785,704	859,760
Selling expenses
General and administrative expenses	1,427,156	1,220,619
Total operating expenses	1,427,156	1,220,619
Operating loss	(641,452)	(360,859)
Other income (expenses)
Other income	79,948	19,428
Interest expense	(35,377)	(13,312)
Total other income	44,571	6,116
Loss before taxes	(596,881)	(354,743)
Provision for income taxes
Net loss	(596,881)	(354,743)
Other comprehensive (loss) income
Foreign currency translation adjustment	(130)	4,053
Total comprehensive loss	$ (597,011)	$ (350,690)
Loss per share – Basic and diluted	$ (0.05)	$ (0.03)
Basic and diluted weighted average shares outstanding	12,000,000	12,000,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Deficit - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 2	$ 503,225	$ (1,270,198)	$ 1,227	$ (765,744)
Beginning balance, shares at Dec. 31, 2020	12,000,000
Net loss			(354,743)		(354,743)
Foreign currency translation adjustment				4,053	4,053
Ending balance, value at Dec. 31, 2021	$ 2	503,225	(1,624,941)	5,280	(1,116,434)
Ending balance, shares at Dec. 31, 2021	12,000,000
Net loss			(596,881)		(596,881)
Foreign currency translation adjustment				(130)	(130)
Ending balance, value at Dec. 31, 2022	$ 2	$ 503,225	$ (2,221,822)	$ 5,150	$ (1,713,445)
Ending balance, shares at Dec. 31, 2022	12,000,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flow - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (596,881)	$ (354,743)
Depreciation	2,603	3,629
Expected credit loss allowance and bad debt written-off	168,817	108,456
Contract assets	(233,069)	(747,043)
Account receivables	(413,098)	772,607
Other receivables	16,496
Retention receivables	(5,786)	86,744
Advance and prepayments	(142,557)	(659)
Account payables	226,336	(34,441)
Other payables	(12,922)	(14,348)
Contract liabilities	637,297	(303,003)
Net cash used in operating activities	(352,764)	(482,801)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of bank loans	(440,623)	(1,411,310)
Proceeds from new bank loans	537,371	2,068,614
Advance from a director	325,783	1,523,639
Repayments to directors		(1,158,138)
Repayments to a related company		(3,335)
Advance to a holding company		(1,287)
Net cash provided by financing activities	422,531	1,018,183
Net increase of cash and cash equivalents	69,767	535,382
Effect of foreign currency translation on cash and cash equivalents	2,111	(5,863)
Cash and cash equivalents, beginning of year	537,738	8,219
Cash and cash equivalents, end of year	609,616	537,738
Supplementary cash flow information:
Taxes paid
Interest paid	35,377	13,312
Listing fee	$ 328,699	$ 458,013

ORGANIZATION AND PRINCIPAL ACTI

ORGANIZATION AND PRINCIPAL ACTIVITIES	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND PRINCIPAL ACTIVITIES	NOTE 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES WANG & LEE GROUP, Inc. (the “Company”) was incorporated in the British Virgin Islands (“BVI”) on May 20, 2021 as an investment holding company. The Company conducts its primary operations through its indirectly wholly owned subsidiary WANG & LEE CONTRACTING LIMITED (“WLHK”) which is incorporated and domiciled in Hong Kong SAR; WLHK provides contract engineering, installation and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (“MVAC”), fire safety systems, and water supply and sewage disposal systems. The Company owns WANG & LEE HOLDINGS, Inc. (“WL Holdings”) an investment holding company that was incorporated in the BVI on May 27, 2021. The primary purpose of WL Holding is to hold WLHK. WLHK was incorporated on December 3, 1992, in Hong Kong SAR and provides the services above to large corporate customers that are primary located in Hong Kong SAR. The following is an organization chart of the Company and its subsidiaries: GOING CONCERN As of December 31, 2021, the Company has incurred a net loss of $ 354,743 1,624,941 518,589 482,801 As of December 31, 2022, the Company has incurred a net loss of $ 596,881 1,281,671 352,764 NOTE 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES (CONTINUED) The accompanying audited consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. These audited consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Method of accounting The accompanying audited consolidated financial statements include the accounts of the Company and its subsidiaries (collectively the “Company”). In addition, the financials include WL Holding and WLHK, entities combined with the Company as of December 31, 2022 and 2021 based on common control. The Company eliminates all significant intercompany balances and transactions in its audited consolidated financial statements. Management has prepared the accompanying audited consolidated financial statements and these notes in accordance to generally accepted accounting principles in the United States (“US GAAP”). The Company maintains its general ledger and journals with the accrual method accounting. Principles of consolidation The accompanying audited consolidated financial statements reflect the activities of the Company, and each of the following entities: SCHEDULE OF COMPANY ENTITIES EQUITY METHOD INVESTMENTS Place of Attributable Registered Name of Company incorporation interest % capital WANG & LEE GROUP, Inc. BVI 100 $ 2 WANG & LEE HOLDINGS, Inc. BVI 100 100 WANG & LEE CONTRACTING LIMITED Hong Kong SAR (“HK SAR”) 100 503,225 Management has eliminated all significant inter-company balances and transactions in preparing the accompanying audited consolidated financial statements. On May 20, 2021, the Company incorporated in the BVI. On May 27, 2021, the Company incorporated WL Holding, a limited company incorporated in the BVI. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Principles of consolidation (Continued) On July 2, 2021, we acquired WLHK. WLHK was owned 99% 1% 100% The accompanying financial statements have been prepared assuming the Company and its subsidiaries WL Holdings and WLHK were wholly owned by the Company from the beginning of the first period presented. Use of estimates The preparation of the audited consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the audited consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available when the calculations are made; however, actual results could differ materially from those estimates. Cash and cash equivalents The Company considers cash, bank deposit and all highly liquid investments with original maturities of three months or less when purchased to be cash and cash equivalents. Cash consists primarily of cash in accounts held at a financial institution. Certain of these accounts are designated as zero balance accounts wherein the balance is swept out nightly to reduce the Company’s line of credit balance, if any. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Advance and prepayments The Company makes a deposit payment to suppliers and vendors for the procurement of materials. Upon physical receipt and inspection of the materials from suppliers, the applicable amount is reclassified from deposit and prepayments, and advance to contract costs due to those materials are ordered only when needed by specific projects. Plant and equipment, net Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. The Company typically applies a salvage value of 0% SCHEDULE OF ESTIMATED USEFUL LIVES OF THE PLAN AND EQUIPMENT Furniture & fixtures 5 Equipment 5 Motor vehicle 5 The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts, and any gain or loss are included in the Company’s results of operations. The costs of maintenance and repairs are recognized as incurred; significant renewals and betterments are capitalized. Accounting for the impairment of long-lived assets The Company annually reviews its long-lived assets for impairment or whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. Impairment may become obsolete from a difference in the industry, introduction of new technologies, or if the Company has inadequate working capital to utilize the long-lived assets to generate adequate profits. Impairment is present if the carrying amount of an asset is less than its expected future undiscounted cash flows. If an asset is considered impaired, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the asset. Assets to be disposed of are reported lower the carrying amount or fair value fewer costs to selling. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Foreign currency translation The accompanying audited consolidated financial statements are presented in United States dollars (“$”). The functional currency of the Company is the Hong Kong Dollars (“HK$”). WLHK’s assets and liabilities are translated into $ from HK$ at year-end exchange rates. Its revenues and expenses are translated at the average exchange rate during the period. Capital accounts are translated at their historical exchange rates when the capital transactions occurred. SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES 2022 2021 Period-end $: HK$ exchange rate 7.7990 7.7971 Period average $: HK$ exchange rate 7.8298 7.7723 Foreign currency exchange rate Adoption of new accounting standard Effective January 1, 2022, the Company adopted ASU No. 2021-04, Earnings Per Share (Topic 260), Debt - Modifications and Extinguishments (Subtopic 470-50), Compensation - Stock Compensation (Topic 718), and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options Effective January 1, 2022, the Company adopted ASU 2021-10, Government Assistance (Topic 832), Disclosures by Business Entities About Government Assistance NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition As discussed in Note 1, the Company provides a variety of engineering and related professional services to customers located throughout the HK SAR. The Company enters into agreements with clients that create enforceable rights and obligations and for which it is probable that the Company will collect the consideration to which it will be entitled as services transfer to the customer. It is customary practice for the Company to have written agreements with its customers and revenue on oral or implied arrangements is generally not recognized. The Company recognizes revenue based on the consideration specified in the applicable agreement. Revenue from contracts with customers is recognized using the following five steps: 1. Identify the contract(s) with a customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; and 5. Recognize revenue when (or as) the entity satisfies a performance obligation. Generally, revenues are recognized when the Company has negotiated the terms of the transaction, which includes determining either the overall price, or price for each performance obligation in the form of a service or a product, the service or product has been delivered to the customer, no obligation is outstanding regarding that service or product, and the Company is reasonably assured that funds have been or will be collected from the customer. The Company recognizes revenue using the percentage-of-completion method, based primarily on contract costs incurred to date compared to total estimated contract costs. The percentage-of-completion method (an input method) is the most representative depiction of the Company’s performance because it directly measures the value of the services or products transferred to the customer. Subcontractor materials, labor and equipment are included in revenue and cost of revenue when management believes that the Company is acting as a principal rather than as an agent (e.g., the Company integrates the materials and labor into the deliverables promised to the customer or is otherwise primarily responsible for fulfillment and acceptability of the materials and labor). In the contracts with customer, there are terms that allow for the Company to implement variation order without seeking additional approval from their customers within a pre-approved range set forth in the contract; these variations may be for additional labor or materials necessary to fulfill the contract. The Company typically integrates the deliverables as part of the general performance obligation of the contract as a whole. Historically, any contract acquisition costs have been immaterial; in the event that such costs arose, the Company expenses such costs incurred as periodic cost. Any project mobilization costs such as obtaining government zoning, approvals and permits are included in project costs, and constitute a part of the overall performance obligation. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition (Continued) The Company contracts set forth payment terms that require their customer to make payment within 30 days of billing which is triggered by the Company reaching the milestone to bill the customer after the Company has received certification that it has discharged its responsibilities under the terms of the contract. Management does not believe that its contracts include a significant financing component because the period between delivery or the contracting services to the customer and the time of payment do not typically exceed one year. For service contracts, such as fire safety systems inspection services, the Company recognizes revenue at a point in time when the service has been rendered to the customer which is evidenced by the Company submitting the annual inspection certificate to the Director of the Fire Services Department of the Government of the HK SAR. The Company generally provides limited warranties for work that it has performed under its engineering and construction contracts; these warranty periods are known as the defect liabilities period (“DLP”). The DLP typically extends for a duration of one year from the substantial completion of the project for the customer. Historically, warranty claims have not resulted in significant costs. Contracts will include a provision whereby the Customer will withhold 5 to 10% of the total contract value until the end of the DLP at which point the customer will release the retention amounts to the Company. The details of revenue and cost of revenue of the Company is as follows: SCHEDULE OF OF REVENUE AND COST OF REVENUE 2022 2021 December 31, 2022 2021 Contract Revenue $ 4,169,931 $ 4,135,059 Contract Costs 3,384,227 3,275,299 Gross Profit $ 785,704 $ 859,760 Gross Profit Margin 19 % 21 % Contract related assets and liabilities are classified as current assets and current liabilities. Significant balance sheet accounts related to the revenue cycle are as follows: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition (Continued) Account receivables, net Account receivables, net (contract receivables) include amounts billed under the contract terms. The amounts are stated at their net realizable value. The Company maintains an allowance for expected credit loss to provide for the estimated number of receivables that will not be collected. The Company considers several factors in its estimate of the allowance, including knowledge of a client’s financial condition, its historical collection experience, and other factors relevant to assessing the collectability of such receivables. Bad debts are written off against allowances. Contract assets Contract assets are recorded when progress to completion revenue earned on contracts exceeds amounts actually billed under the contract. Contract liabilities Contract liabilities are recorded when amounts actually billed under a contract exceeds the progress to completion revenue earned under the contract. Deferred income In the contracts, 5 10% Expected credit loss ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments requires entities to use a current lifetime expected credit loss methodology to measure impairments of certain financial assets. Using this methodology will result in earlier recognition of losses than under the current incurred loss approach, which requires waiting to recognize a loss until it is probable of having been incurred. There are other provisions within the standard that affect how impairments of other financial assets may be recorded and presented, and that expand disclosures. WLHK adopted the new standard effective January 1, 2019, the first day of the Company’s fiscal year and applied to account receivables, contract assets, retention receivables and other financial instruments. The adoption of this guidance did not materially impact the net earning and financial position and has no impact on the cash flows. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Retirement benefits Retirement benefits in the form of mandatory government-sponsored defined contribution plans are charged to either expense as incurred or allocated to wages as part of cost of services. Income Taxes The Company recognizes deferred income tax assets or liabilities for expected future tax consequences of events recognized in the audited consolidated financial statements or tax returns. Under this method, deferred income tax assets or liabilities are determined based upon the difference between the audited consolidated financial statement and income tax bases of assets and liabilities using enacted tax rates expected to apply when the differences settle or become realized. Valuation allowances are provided when it is more likely than not that a deferred tax asset is not realizable or recoverable in the future. The Company determines that the tax position is more likely than not to be sustained and records the largest amount of benefit that is more likely than not to be realized when the tax position is settled. the Company recognizes interest and penalties, if any, related to uncertain tax positions in income tax expense. Financial instruments The Company’s financial instruments, including cash and cash equivalents, accounts and other receivables, accounts and other payables, accrued liabilities, and short-term debt, have carrying amounts that approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures” requires disclosing the fair value of financial instruments held by WLHK. ASC Topic 825, “Financial Instruments” defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the audited consolidated balance sheets for cash, accounts receivable, other receivables, prepayments, accounts payable, other payables and short term loans each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: ● Level 1 - inputs to the valuation methodology used quoted prices for identical assets or liabilities in active markets. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Financial instruments (Continued) ● Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and information that are observable for the asset or liability, either directly or indirectly, for substantially the financial instrument’s full term. ● Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company analyzes all financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity” and ASC 815. Recent accounting pronouncements In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, which requires entities to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606) The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s audited consolidated balance sheets, statement of operations and comprehensive income and statement of cash flows.

ACCOUNT RECEIVABLES, NET

ACCOUNT RECEIVABLES, NET	12 Months Ended
	Dec. 31, 2022
Credit Loss [Abstract]
ACCOUNT RECEIVABLES, NET	NOTE 3 – ACCOUNT RECEIVABLES, NET Account receivables consist of the following: SCHEDULE OF ACCOUNTS RECEIVABLE 2022 2021 December 31, 2022 2021 Account receivables $ 1,104,187 $ 689,622 Less: allowance for expected credit loss (35,900 ) (8,173 ) Total $ 1,068,287 $ 681,449 The movement of allowances for expected credit loss is as follow: SCHEDULE OF ALLOWANCES FOR EXPECTED CREDIT LOSS December 31, 2022 2021 Balance at beginning of the year $ (8,173 ) $ (3,062 ) Provision (27,619 ) (5,146 ) Exchange adjustment (108 ) 35 Ending balance $ (35,900 ) $ (8,173 )

CONTRACT ASSETS, NET

CONTRACT ASSETS, NET	12 Months Ended
	Dec. 31, 2022
Contract Assets Net
CONTRACT ASSETS, NET	NOTE 4 – CONTRACT ASSETS, NET Contract assets consist of the following: SCHEDULE OF CONTRACT ASSETS 2022 2021 December 31, 2022 2021 Contract assets Balance at beginning of the year $ 943,369 $ 305,928 Additions 797,302 1,609,920 Changes due to billings (804,156 ) (862,830 ) Allowance for expected credit loss and bad debt written-off 100,486 (109,013 ) Exchange adjustment 457 (636 ) Balance at end of year $ 1,037,458 $ 943,369 The movement of allowances for expected credit loss is as follow: SCHEDULE OF CONTRACT ASSETS ALLOWANCES FOR EXPECTED CREDIT LOSS 2022 2021 December 31, 2022 2021 Balance at beginning of the year $ (108,965 ) $ (3,519 ) Provision (3,628 ) (105,802 ) Bad debt written-off 104,114 - E xchange adjustment 425 356 Ending balance $ (8,054 ) $ (108,965 )

RETENTION RECEIVABLES, NET

RETENTION RECEIVABLES, NET	12 Months Ended
	Dec. 31, 2022
Retention Receivables Net
RETENTION RECEIVABLES, NET	NOTE 5 – RETENTION RECEIVABLES, NET Retention receivables consist of the following: SCHEDULE OF RETENTION RECEIVABLES 2022 2021 December 31, 2022 2021 Retention receivables – current $ 2,237 $ 67,549 Less: allowance for expected credit loss (21 ) - Retention receivables current net $ 2,216 $ 67,549 Retention receivables – non-current $ 221,658 $ 150,589 Less: allowance for expected credit loss (2,059 ) - Retention receivables non-current net $ 219,599 $ 150,589 The movement of allowances for expected credit loss is as follow: SCHEDULE OF RETENTION RECEIVABLES ALLOWANCES FOR EXPECTED CREDIT LOSS 2022 2021 December 31, 2022 2021 Balance at beginning of the year $ - $ (2,500 ) (Provision) Reversal of provision (2,071 ) 2,492 Exchange adjustment (9 ) 8 Ending balance $ (2,080 ) $ -

PLANT AND EQUIPMENT, NET

PLANT AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PLANT AND EQUIPMENT, NET	NOTE 6 – PLANT AND EQUIPMENT, NET Plant and equipment, net consist of the following: SCHEDULE OF PLANT AND EQUIPMENT, NET 2022 2021 December 31, 2022 2021 At cost: Furniture and fixtures $ 3,176 $ 3,195 Equipment 28,083 28,250 Motor vehicle 27,809 27,976 Property, plant and equipment, gross 59,068 59,421 Less: accumulated depreciation (57,256 ) (54,996 ) Total $ 1,812 $ 4,425 Depreciation expense for the year ended December 31, 2022 and 2021 was $ 2,603 3,629

CONTRACT LIABILITIES

CONTRACT LIABILITIES	12 Months Ended
	Dec. 31, 2022
Contract Liabilities
CONTRACT LIABILITIES	NOTE 7 – CONTRACT LIABILITIES Contract liabilities consist of the following: SCHEDULE OF CONTRACT LIABILITIES 2022 2021 December 31, 2022 2021 Balance at beginning of year $ 227,371 $ 532,456 Additions 664,259 106,493 Recognized to revenue during the year (26,962 ) (409,495 ) Exchange adjustment 2,464 (2,083 ) Balance at end of year $ 867,132 $ 227,371

SHORT-TERM AND LONG-TERM BANK L

SHORT-TERM AND LONG-TERM BANK LOANS	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
SHORT-TERM AND LONG-TERM BANK LOANS	NOTE 8 – SHORT-TERM AND LONG-TERM BANK LOANS Short-term and long-term bank loans consist of the following: SCHEDULE OF SHORT TERM DEBT Credit agreement entered date Provider Facilities Interest rate Limits Utilized as of December 31, 2022 2021 The Bank of East Asia, Limited (“BEA”) General banking facilities 641,262 - - (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% - 241,884 (ii) Bank overdraft Higher of HIBOR +3% or Prime rate - - September 27, 2021 BEA Non-revolving term loan under SME Financing Guarantee Scheme Prime Rate -2.50% 769,514 - - - Short-term loan portion 99,640 16,655 - Long-term loan portion 653,185 752,859 August 1, 2022 BEA General banking facilities 641,109 - - (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% 99,020 - (ii) Revolving loan Higher of HIBOR +3% or Prime rate -0.5% 256,443 - (iii) Bank overdraft Higher of HIBOR +3% or Prime rate - - On August 1, 2022, the new credit agreement offers from BEA replaced the credit agreement offers from BEA entered on August 23, 2021. NOTE 8 – SHORT-TERM AND LONG-TERM BANK LOANS (CONTINUED) As of December 31, 2022 and 2021, invoice financing and revolving loans were secured by the personal deposit from the director of the Company and a related party, and limited personal guarantee provided by the director and a related party. The amounts due are based on scheduled repayment dates set out in the banking facilities letters or loan agreements. All the Company’s invoice financing and revolving loans carried variable interest at the higher of 1-month Hong Kong Interbank Offered Rate (the “HIBOR”) plus 2.5 % to 3 % per annum or the Prime Rate less 0.5 % to 1 % per annum. As of December 31, 2022 and 2021, the non-revolving term loan under SME Financing Guarantee Scheme was issued by the HKMC Insurance Limited under the SME Financing Guarantee Scheme and secured by personal guarantee provided by the director and a related party for HK$ 6,000,000 769,330 2.5% The effective interest rate of the years 2022 and 2021 for the Company’s short-term and long-term bank loans ranged from 2.75% 7.53% 653,185 752,859 Interest expense on the short-term and long-term bank loans totaled $ 35,377 13,312 As of December 31, 2022 and 2021, the Company was granted the general banking facilities stated above with the following pledges: - Personal guarantee limited to HK$ 5 641,109 - Pledged deposit amounted approximately to HK$ 3 million (equivalent to approximately $ 384,665 ) by Pui Lung Ho, the director of the Company.

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
EQUITY	NOTE 9 – EQUITY The equity of the Company as of December 31, 2022 and 2021 represents 12,000,000 2

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 10 – EMPLOYEE BENEFIT PLANS The Company has a defined contribution pension scheme for its qualifying employees. The scheme assets are held under a provident fund managed by an independent fund manager. The Company and its employees are each required to make contributions to the scheme calculated at 5%

PROVISION FOR INCOME TAXES

PROVISION FOR INCOME TAXES	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
PROVISION FOR INCOME TAXES	NOTE 11 – PROVISION FOR INCOME TAXES British Virgin Islands WANG & LEE GROUP, Inc. and WANG & LEE HOLDINGS, Inc. are incorporated in the British Virgin Islands and are not subject to tax on income or capital gains under current British Virgin Islands law. In addition, upon payments of dividends by these entities to their shareholders, no British Virgin Islands withholding tax will be imposed., HK SAR On 21 March 2018, the HK SAR Legislative Council passed The Inland Revenue (Amendment) (No. 7) Bill 2017 (the “Bill”) which introduces the two-tiered profits tax rates regime. The Bill was signed into law on 28 March 2018 and was gazetted on the following day. Under the two-tiered profits tax rates regime, the first HK$ 2 8.25 2 16.5 16.5 Accordingly, starting from the current year, the HK SAR profits tax is calculated at 8.25 2 16.5 2 The following tables provide the reconciliation of the differences between the statutory and effective tax expenses following as of December 31, 2022 and 2021. SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES 2022 2021 December 31, 2022 2021 Income before tax $ (596,881 ) $ (354,743 ) HK SAR Profits Tax at 16.5 (98,485 ) (58,533 ) Tax effect on non-deductible expenses 54,664 476,534 Tax effect on deductible temporary differences (122 ) (139 ) Tax effect on tax loss not recognized 43,943 - Tax effect on utilization of tax losses - (417,862 ) Income tax $ - $ - NOTE 11 – PROVISION FOR INCOME TAXES (CONTINUED) The Company’s effective tax rate was as follows as of December 31, 2022 and 2021: SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE 2022 2021 December 31, 2022 2021 HK SAR Profits Tax at 16.5 16.5 % 16.5 % Tax effect of income not taxable (16.5 )% (16.5 )% The Company’s effective tax rate 0 % 0 %

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	12 Months Ended
	Dec. 31, 2022
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF RISK	NOTE 12 – CONCENTRATIONS OF RISK Contract Assets Concentrations The following table sets forth information as to each customer that accounted for top 5 of the Company’s contract assets as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 357,853 28 - - B 240,559 19 240,616 23 C 207,659 16 341,394 32 D 205,616 16 374,588 36 E 128,997 10 95,783 9 NOTE 12 – CONCENTRATIONS OF RISK (CONTINUED) Retention Receivables Concentrations The following table sets forth information as to each customer that accounted for top 5 of the Company’s retention receivables as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 118,605 53 136,474 63 B 87,421 39 62,104 28 C 9,787 4 17,003 8 D 5,845 3 - - E 2,237 1 - - F - - 2,557 1 Customers Concentrations The following table sets forth information as to each customer that accounted for top 5 of the Company’s revenues as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 2,023,154 49 - - B 636,467 15 - - C 490,940 12 1,313,900 32 D 356,516 9 1,367,752 33 E 155,649 4 - - F - - 476,884 12 G - - 264,558 6 H - - 201,190 5 The following table sets forth information as to each customer that accounted for top 5 of the Company’s account receivables as of December 31, 2022 and 2021. For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 641,109 58 - - B 158,047 14 170,960 25 C 135,430 12 308,154 45 D 52,571 5 - - E 35,319 3 - - F - - 93,102 14 G - - 53,481 8 H - - 43,159 6 NOTE 12 – CONCENTRATIONS OF RISK (CONTINUED) Suppliers Concentrations The following table sets forth information as to each supplier that accounted for top 5 of the Company’s purchase as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Suppliers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 513,533 16 315,760 10 B 383,152 12 - - C 255,586 8 - - D 252,014 8 - - E 222,456 7 - - F - - 361,030 11 G - - 293,494 9 H - - 234,358 7 I - - 214,423 7

CONTRACT REVENUES AND CONTRACT

CONTRACT REVENUES AND CONTRACT COSTS	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
CONTRACT REVENUES AND CONTRACT COSTS	NOTE 13 – CONTRACT REVENUES AND CONTRACT COSTS The Company’s main business operations are: (i) low voltage (220v/phase 1 or 380v/phase 3) electrical systems; (ii) mechanical ventilation and air-conditioning systems (“MVAC”); (iii) out-fitting; (iv) water supply and sewage disposal systems installation; and (v) fire safety systems. SCHEDULE OF CONTRACT REVENUES AND CONTRACT COSTS Total contract revenues as of 2022 2021 December 31, Total contract revenues as of 2022 2021 Low voltage electrical system $ 1,028,162 $ 2,628,625 MVAC systems 502,556 299,985 Out-fitting 1,998,726 1,103,692 Water supply and sewage disposal system installation 288,480 71,516 Fire safety system 352,007 31,241 Total Contract Revenues $ 4,169,931 $ 4,135,059 Total contract revenues as of 2022 2021 December 31, Total contract costs as of 2022 2021 Low voltage electrical system $ 898,100 $ 2,235,698 MVAC systems 462,400 262,322 Out-fitting 1,562,551 701,688 Water supply and sewage disposal system installation 205,693 52,320 Fire safety system 255,483 23,271 Total Contract Costs $ 3,384,227 $ 3,275,299

RISKS

RISKS	12 Months Ended
	Dec. 31, 2022
Risks
RISKS	NOTE 14 – RISKS A. Credit risk Account receivables, contract assets and retention receivables arising from contracts with customers In order to minimize the credit risk, the management of the Company has delegated a team responsible for determination of credit limits and credit approvals. Other monitoring procedures are in place to ensure that follow-up action is taken to recover overdue debts. Internal credit rating has been given to each category of debtors after considering aging, historical observed default rates, repayment history and past due status of respective account receivables. Estimated loss rates are based on probability of default and loss given default with reference to an external credit report and are adjusted for reasonable and supportable forward-looking information that is available without undue costs or effort while credit-impaired trade balances were assessed individually. In this regard, the directors consider that the Company’s credit risk is significantly reduced. The maximum potential loss of account receivables, contract assets and retention receivables for the year ended December 31, 2022 is $ 1,068,287 1,037,458 221,815 Bank balances The credit risk on liquid funds is limited because the counterparties are banks with high credit ratings assigned by international credit-rating agencies. The Company is exposed to concentration of credit risk on liquid funds which are deposited with several banks with high credit ratings. Deposit and other receivables The Company assessed the impairment for its other receivables individually based on internal credit rating and ageing of these debtors which, in the opinion of the directors, have no significant increase in credit risk since initial recognition. Based on the impairment assessment performed by the Company, the directors consider the loss allowance for other receivables as of 31 December 2022 and 2021 was insignificant and accordingly no allowance for credit losses was provided. NOTE 14 – RISKS (CONTINUED) B. Interest risk Cash flow interest rate risk The Company is exposed to cash flow interest rate risk through the changes in interest rates related mainly to the Company’s variable-rates short-term and long-term bank loans and bank balances. The Company currently does not have any interest rate hedging policy in relation to fair value interest rate risk and cash flow interest rate risk. The directors monitor the Company’s exposures on an ongoing basis and will consider hedging the interest rate should the need arises Sensitivity analysis The sensitivity analysis below has been determined assuming that a change in interest rates had occurred at the end of the reporting period and had been applied to the exposure to interest rates for financial instruments in existence at that date. 1% If interest rates had been 1% 13,069 1,954 Foreign currency risk Foreign currency risk is the risk that the holding of foreign currency assets will affect the Company’s financial position as a result of a change in foreign currency exchange rates. The Company’s monetary assets and liabilities are mainly denominated in HK$, the Company did not have foreign currency denominated monetary liabilities at the end of reporting period. the Company currently does not have a foreign currency hedging policy to eliminate the currency exposures. However, the directors monitor the related foreign currency exposure closely and will consider hedging significant foreign currency exposures should the need arise. In the opinion of the directors of the Company, the currency risk of $ is considered insignificant as HK$ is pegged to $ and therefore no sensitivity analysis is presented. NOTE 14 – RISKS (CONTINUED) C. Economic and political risks The Company’s operations are mainly conducted in HK SAR. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by changes in the political, economic, and legal environments in HK SAR. The Company’s operations in HK SAR are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political and social conditions in HK SAR, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things. D. Environmental risks The Company has procured environmental licenses required by the HK SAR government. Historically there was no penalties charged over the environmental issue during any engagement of construction works. In addition, the Company also obtained a certification of complies with the requirements of ISO 14001: 2015 Environmental Management System Standard to maintain and proved the quality service with less environmental risk. In the opinion of the directors of the Company, there is no environmental risk for the Company. E. Inflation Risk Management monitors changes in price levels. Historically inflation has not materially impacted the Company’s audited consolidated financial statements; however, significant increases in the price of raw materials and labor that cannot be passed to the Company’s customers could adversely impact WLHK’s results of operations.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 15 – RELATED PARTY TRANSACTIONS The summary of amount due from and due to related parties as the following: SCHEDULE OF AMOUNT DUE FROM AND DUE TO RELATED PARTIES 2022 2021 December 31, 2022 2021 Due from related parties consist of the following: WANG & LEE BROTHERS., Inc. Due from ultimate holding company 1,282 1,283 Due from related parties, Total $ 1,282 $ 1,283 Due to related parties consist of the following: Pui Lung Ho Due to director 1,853,263 1,526,557 Due to related parties, Total $ 1,853,263 $ 1,526,557 For the year ended December 31, 2022 and 2021, the amounts due to the director, Pui Lung Ho, is $ 1,853,263 1,526,557

Impact of COVID-19

Impact of COVID-19	12 Months Ended
	Dec. 31, 2022
Impact Of Covid-19
Impact of COVID-19	NOTE 16 – Impact of COVID-19 The Coronavirus Disease 2019 (“COVID-19”) pandemic has negatively impacted the global economy, disrupted consumer spending and global supply chains, and created significant volatility and disruption of financial markets. We have experienced some resulting disruptions to our business operations, and we expect the COVID-19 pandemic could have a material adverse impact on our business and financial performance. Due to ongoing recession caused by the COVID-19 Pandemic, the Company’s business is likely to be adversely impacted. The effects of recession can also increase economic instability with our vendors, developers and subcontractors.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENT	NOTE 17 – SUBSEQUENT EVENT The Company evaluates subsequent events that have occurred after the balance sheet date but before the financial statements are issued. There are two types of subsequent events: (1) recognized, or those that provide additional evidence with respect to conditions that existed at the dates of the balance sheets, including the estimates inherent in the process of preparing financial statements, and (2) non-recognized, or those that provide evidence with respect to conditions that did not exist at the date of the balance sheet but arose subsequent to that date. The Company has analyzed its operations subsequent to December 31, 2022 to the date of May 15, 2023, these audited consolidated financial statements were issued, unless as disclosed below, there are not any material subsequent events that require disclosure in these audited consolidated financial statements. On March 20, 2023, the Company completed a private placement of an aggregate 1,400,000 Ordinary Shares at $0.25 per share to the Selling Shareholders for aggregate gross proceeds of $350,000. On April 20, 2023, the Company completed its initial public offering whereby it sold 1,600,000 5.00 8

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Method of accounting	Method of accounting The accompanying audited consolidated financial statements include the accounts of the Company and its subsidiaries (collectively the “Company”). In addition, the financials include WL Holding and WLHK, entities combined with the Company as of December 31, 2022 and 2021 based on common control. The Company eliminates all significant intercompany balances and transactions in its audited consolidated financial statements. Management has prepared the accompanying audited consolidated financial statements and these notes in accordance to generally accepted accounting principles in the United States (“US GAAP”). The Company maintains its general ledger and journals with the accrual method accounting.
Principles of consolidation	Principles of consolidation The accompanying audited consolidated financial statements reflect the activities of the Company, and each of the following entities: SCHEDULE OF COMPANY ENTITIES EQUITY METHOD INVESTMENTS Place of Attributable Registered Name of Company incorporation interest % capital WANG & LEE GROUP, Inc. BVI 100 $ 2 WANG & LEE HOLDINGS, Inc. BVI 100 100 WANG & LEE CONTRACTING LIMITED Hong Kong SAR (“HK SAR”) 100 503,225 Management has eliminated all significant inter-company balances and transactions in preparing the accompanying audited consolidated financial statements. On May 20, 2021, the Company incorporated in the BVI. On May 27, 2021, the Company incorporated WL Holding, a limited company incorporated in the BVI. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Principles of consolidation (Continued) On July 2, 2021, we acquired WLHK. WLHK was owned 99% 1% 100% The accompanying financial statements have been prepared assuming the Company and its subsidiaries WL Holdings and WLHK were wholly owned by the Company from the beginning of the first period presented.
Use of estimates	Use of estimates The preparation of the audited consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the audited consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available when the calculations are made; however, actual results could differ materially from those estimates.
Cash and cash equivalents	Cash and cash equivalents The Company considers cash, bank deposit and all highly liquid investments with original maturities of three months or less when purchased to be cash and cash equivalents. Cash consists primarily of cash in accounts held at a financial institution. Certain of these accounts are designated as zero balance accounts wherein the balance is swept out nightly to reduce the Company’s line of credit balance, if any. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Advance and prepayments	Advance and prepayments The Company makes a deposit payment to suppliers and vendors for the procurement of materials. Upon physical receipt and inspection of the materials from suppliers, the applicable amount is reclassified from deposit and prepayments, and advance to contract costs due to those materials are ordered only when needed by specific projects.
Plant and equipment, net	Plant and equipment, net Plant and equipment are carried at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method. The Company typically applies a salvage value of 0% SCHEDULE OF ESTIMATED USEFUL LIVES OF THE PLAN AND EQUIPMENT Furniture & fixtures 5 Equipment 5 Motor vehicle 5 The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts, and any gain or loss are included in the Company’s results of operations. The costs of maintenance and repairs are recognized as incurred; significant renewals and betterments are capitalized.
Accounting for the impairment of long-lived assets	Accounting for the impairment of long-lived assets The Company annually reviews its long-lived assets for impairment or whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. Impairment may become obsolete from a difference in the industry, introduction of new technologies, or if the Company has inadequate working capital to utilize the long-lived assets to generate adequate profits. Impairment is present if the carrying amount of an asset is less than its expected future undiscounted cash flows. If an asset is considered impaired, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the asset. Assets to be disposed of are reported lower the carrying amount or fair value fewer costs to selling. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Foreign currency translation	Foreign currency translation The accompanying audited consolidated financial statements are presented in United States dollars (“$”). The functional currency of the Company is the Hong Kong Dollars (“HK$”). WLHK’s assets and liabilities are translated into $ from HK$ at year-end exchange rates. Its revenues and expenses are translated at the average exchange rate during the period. Capital accounts are translated at their historical exchange rates when the capital transactions occurred. SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES 2022 2021 Period-end $: HK$ exchange rate 7.7990 7.7971 Period average $: HK$ exchange rate 7.8298 7.7723 Foreign currency exchange rate
Adoption of new accounting standard	Adoption of new accounting standard Effective January 1, 2022, the Company adopted ASU No. 2021-04, Earnings Per Share (Topic 260), Debt - Modifications and Extinguishments (Subtopic 470-50), Compensation - Stock Compensation (Topic 718), and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options Effective January 1, 2022, the Company adopted ASU 2021-10, Government Assistance (Topic 832), Disclosures by Business Entities About Government Assistance NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Revenue Recognition	Revenue Recognition As discussed in Note 1, the Company provides a variety of engineering and related professional services to customers located throughout the HK SAR. The Company enters into agreements with clients that create enforceable rights and obligations and for which it is probable that the Company will collect the consideration to which it will be entitled as services transfer to the customer. It is customary practice for the Company to have written agreements with its customers and revenue on oral or implied arrangements is generally not recognized. The Company recognizes revenue based on the consideration specified in the applicable agreement. Revenue from contracts with customers is recognized using the following five steps: 1. Identify the contract(s) with a customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; and 5. Recognize revenue when (or as) the entity satisfies a performance obligation. Generally, revenues are recognized when the Company has negotiated the terms of the transaction, which includes determining either the overall price, or price for each performance obligation in the form of a service or a product, the service or product has been delivered to the customer, no obligation is outstanding regarding that service or product, and the Company is reasonably assured that funds have been or will be collected from the customer. The Company recognizes revenue using the percentage-of-completion method, based primarily on contract costs incurred to date compared to total estimated contract costs. The percentage-of-completion method (an input method) is the most representative depiction of the Company’s performance because it directly measures the value of the services or products transferred to the customer. Subcontractor materials, labor and equipment are included in revenue and cost of revenue when management believes that the Company is acting as a principal rather than as an agent (e.g., the Company integrates the materials and labor into the deliverables promised to the customer or is otherwise primarily responsible for fulfillment and acceptability of the materials and labor). In the contracts with customer, there are terms that allow for the Company to implement variation order without seeking additional approval from their customers within a pre-approved range set forth in the contract; these variations may be for additional labor or materials necessary to fulfill the contract. The Company typically integrates the deliverables as part of the general performance obligation of the contract as a whole. Historically, any contract acquisition costs have been immaterial; in the event that such costs arose, the Company expenses such costs incurred as periodic cost. Any project mobilization costs such as obtaining government zoning, approvals and permits are included in project costs, and constitute a part of the overall performance obligation. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition (Continued) The Company contracts set forth payment terms that require their customer to make payment within 30 days of billing which is triggered by the Company reaching the milestone to bill the customer after the Company has received certification that it has discharged its responsibilities under the terms of the contract. Management does not believe that its contracts include a significant financing component because the period between delivery or the contracting services to the customer and the time of payment do not typically exceed one year. For service contracts, such as fire safety systems inspection services, the Company recognizes revenue at a point in time when the service has been rendered to the customer which is evidenced by the Company submitting the annual inspection certificate to the Director of the Fire Services Department of the Government of the HK SAR. The Company generally provides limited warranties for work that it has performed under its engineering and construction contracts; these warranty periods are known as the defect liabilities period (“DLP”). The DLP typically extends for a duration of one year from the substantial completion of the project for the customer. Historically, warranty claims have not resulted in significant costs. Contracts will include a provision whereby the Customer will withhold 5 to 10% of the total contract value until the end of the DLP at which point the customer will release the retention amounts to the Company. The details of revenue and cost of revenue of the Company is as follows: SCHEDULE OF OF REVENUE AND COST OF REVENUE 2022 2021 December 31, 2022 2021 Contract Revenue $ 4,169,931 $ 4,135,059 Contract Costs 3,384,227 3,275,299 Gross Profit $ 785,704 $ 859,760 Gross Profit Margin 19 % 21 % Contract related assets and liabilities are classified as current assets and current liabilities. Significant balance sheet accounts related to the revenue cycle are as follows: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition (Continued)
Account receivables, net	Account receivables, net Account receivables, net (contract receivables) include amounts billed under the contract terms. The amounts are stated at their net realizable value. The Company maintains an allowance for expected credit loss to provide for the estimated number of receivables that will not be collected. The Company considers several factors in its estimate of the allowance, including knowledge of a client’s financial condition, its historical collection experience, and other factors relevant to assessing the collectability of such receivables. Bad debts are written off against allowances.
Contract assets	Contract assets Contract assets are recorded when progress to completion revenue earned on contracts exceeds amounts actually billed under the contract.
Contract liabilities	Contract liabilities Contract liabilities are recorded when amounts actually billed under a contract exceeds the progress to completion revenue earned under the contract.
Deferred income	Deferred income In the contracts, 5 10%
Expected credit loss	Expected credit loss ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments requires entities to use a current lifetime expected credit loss methodology to measure impairments of certain financial assets. Using this methodology will result in earlier recognition of losses than under the current incurred loss approach, which requires waiting to recognize a loss until it is probable of having been incurred. There are other provisions within the standard that affect how impairments of other financial assets may be recorded and presented, and that expand disclosures. WLHK adopted the new standard effective January 1, 2019, the first day of the Company’s fiscal year and applied to account receivables, contract assets, retention receivables and other financial instruments. The adoption of this guidance did not materially impact the net earning and financial position and has no impact on the cash flows. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Retirement benefits	Retirement benefits Retirement benefits in the form of mandatory government-sponsored defined contribution plans are charged to either expense as incurred or allocated to wages as part of cost of services.
Income Taxes	Income Taxes The Company recognizes deferred income tax assets or liabilities for expected future tax consequences of events recognized in the audited consolidated financial statements or tax returns. Under this method, deferred income tax assets or liabilities are determined based upon the difference between the audited consolidated financial statement and income tax bases of assets and liabilities using enacted tax rates expected to apply when the differences settle or become realized. Valuation allowances are provided when it is more likely than not that a deferred tax asset is not realizable or recoverable in the future. The Company determines that the tax position is more likely than not to be sustained and records the largest amount of benefit that is more likely than not to be realized when the tax position is settled. the Company recognizes interest and penalties, if any, related to uncertain tax positions in income tax expense.
Financial instruments	Financial instruments The Company’s financial instruments, including cash and cash equivalents, accounts and other receivables, accounts and other payables, accrued liabilities, and short-term debt, have carrying amounts that approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures” requires disclosing the fair value of financial instruments held by WLHK. ASC Topic 825, “Financial Instruments” defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the audited consolidated balance sheets for cash, accounts receivable, other receivables, prepayments, accounts payable, other payables and short term loans each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: ● Level 1 - inputs to the valuation methodology used quoted prices for identical assets or liabilities in active markets. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Financial instruments (Continued) ● Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and information that are observable for the asset or liability, either directly or indirectly, for substantially the financial instrument’s full term. ● Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company analyzes all financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity” and ASC 815.
Recent accounting pronouncements	Recent accounting pronouncements In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, which requires entities to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606) The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s audited consolidated balance sheets, statement of operations and comprehensive income and statement of cash flows.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SCHEDULE OF COMPANY ENTITIES EQUITY METHOD INVESTMENTS	The accompanying audited consolidated financial statements reflect the activities of the Company, and each of the following entities: SCHEDULE OF COMPANY ENTITIES EQUITY METHOD INVESTMENTS Place of Attributable Registered Name of Company incorporation interest % capital WANG & LEE GROUP, Inc. BVI 100 $ 2 WANG & LEE HOLDINGS, Inc. BVI 100 100 WANG & LEE CONTRACTING LIMITED Hong Kong SAR (“HK SAR”) 100 503,225
SCHEDULE OF ESTIMATED USEFUL LIVES OF THE PLAN AND EQUIPMENT	SCHEDULE OF ESTIMATED USEFUL LIVES OF THE PLAN AND EQUIPMENT Furniture & fixtures 5 Equipment 5 Motor vehicle 5
SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES	SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES 2022 2021 Period-end $: HK$ exchange rate 7.7990 7.7971 Period average $: HK$ exchange rate 7.8298 7.7723 Foreign currency exchange rate
SCHEDULE OF OF REVENUE AND COST OF REVENUE	The details of revenue and cost of revenue of the Company is as follows: SCHEDULE OF OF REVENUE AND COST OF REVENUE 2022 2021 December 31, 2022 2021 Contract Revenue $ 4,169,931 $ 4,135,059 Contract Costs 3,384,227 3,275,299 Gross Profit $ 785,704 $ 859,760 Gross Profit Margin 19 % 21 %

ACCOUNT RECEIVABLES, NET (Table

ACCOUNT RECEIVABLES, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Credit Loss [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	Account receivables consist of the following: SCHEDULE OF ACCOUNTS RECEIVABLE 2022 2021 December 31, 2022 2021 Account receivables $ 1,104,187 $ 689,622 Less: allowance for expected credit loss (35,900 ) (8,173 ) Total $ 1,068,287 $ 681,449
SCHEDULE OF ALLOWANCES FOR EXPECTED CREDIT LOSS	The movement of allowances for expected credit loss is as follow: SCHEDULE OF ALLOWANCES FOR EXPECTED CREDIT LOSS December 31, 2022 2021 Balance at beginning of the year $ (8,173 ) $ (3,062 ) Provision (27,619 ) (5,146 ) Exchange adjustment (108 ) 35 Ending balance $ (35,900 ) $ (8,173 )

CONTRACT ASSETS, NET (Tables)

CONTRACT ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Contract Assets Net
SCHEDULE OF CONTRACT ASSETS	Contract assets consist of the following: SCHEDULE OF CONTRACT ASSETS 2022 2021 December 31, 2022 2021 Contract assets Balance at beginning of the year $ 943,369 $ 305,928 Additions 797,302 1,609,920 Changes due to billings (804,156 ) (862,830 ) Allowance for expected credit loss and bad debt written-off 100,486 (109,013 ) Exchange adjustment 457 (636 ) Balance at end of year $ 1,037,458 $ 943,369
SCHEDULE OF CONTRACT ASSETS ALLOWANCES FOR EXPECTED CREDIT LOSS	The movement of allowances for expected credit loss is as follow: SCHEDULE OF CONTRACT ASSETS ALLOWANCES FOR EXPECTED CREDIT LOSS 2022 2021 December 31, 2022 2021 Balance at beginning of the year $ (108,965 ) $ (3,519 ) Provision (3,628 ) (105,802 ) Bad debt written-off 104,114 - E xchange adjustment 425 356 Ending balance $ (8,054 ) $ (108,965 )

RETENTION RECEIVABLES, NET (Tab

RETENTION RECEIVABLES, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Retention Receivables Net
SCHEDULE OF RETENTION RECEIVABLES	Retention receivables consist of the following: SCHEDULE OF RETENTION RECEIVABLES 2022 2021 December 31, 2022 2021 Retention receivables – current $ 2,237 $ 67,549 Less: allowance for expected credit loss (21 ) - Retention receivables current net $ 2,216 $ 67,549 Retention receivables – non-current $ 221,658 $ 150,589 Less: allowance for expected credit loss (2,059 ) - Retention receivables non-current net $ 219,599 $ 150,589
SCHEDULE OF RETENTION RECEIVABLES ALLOWANCES FOR EXPECTED CREDIT LOSS	The movement of allowances for expected credit loss is as follow: SCHEDULE OF RETENTION RECEIVABLES ALLOWANCES FOR EXPECTED CREDIT LOSS 2022 2021 December 31, 2022 2021 Balance at beginning of the year $ - $ (2,500 ) (Provision) Reversal of provision (2,071 ) 2,492 Exchange adjustment (9 ) 8 Ending balance $ (2,080 ) $ -

PLANT AND EQUIPMENT, NET (Table

PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
SCHEDULE OF PLANT AND EQUIPMENT, NET	Plant and equipment, net consist of the following: SCHEDULE OF PLANT AND EQUIPMENT, NET 2022 2021 December 31, 2022 2021 At cost: Furniture and fixtures $ 3,176 $ 3,195 Equipment 28,083 28,250 Motor vehicle 27,809 27,976 Property, plant and equipment, gross 59,068 59,421 Less: accumulated depreciation (57,256 ) (54,996 ) Total $ 1,812 $ 4,425

CONTRACT LIABILITIES (Tables)

CONTRACT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
Contract Liabilities
SCHEDULE OF CONTRACT LIABILITIES	Contract liabilities consist of the following: SCHEDULE OF CONTRACT LIABILITIES 2022 2021 December 31, 2022 2021 Balance at beginning of year $ 227,371 $ 532,456 Additions 664,259 106,493 Recognized to revenue during the year (26,962 ) (409,495 ) Exchange adjustment 2,464 (2,083 ) Balance at end of year $ 867,132 $ 227,371

SHORT-TERM AND LONG-TERM BANK_2

SHORT-TERM AND LONG-TERM BANK LOANS (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
SCHEDULE OF SHORT TERM DEBT	Short-term and long-term bank loans consist of the following: SCHEDULE OF SHORT TERM DEBT Credit agreement entered date Provider Facilities Interest rate Limits Utilized as of December 31, 2022 2021 The Bank of East Asia, Limited (“BEA”) General banking facilities 641,262 - - (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% - 241,884 (ii) Bank overdraft Higher of HIBOR +3% or Prime rate - - September 27, 2021 BEA Non-revolving term loan under SME Financing Guarantee Scheme Prime Rate -2.50% 769,514 - - - Short-term loan portion 99,640 16,655 - Long-term loan portion 653,185 752,859 August 1, 2022 BEA General banking facilities 641,109 - - (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% 99,020 - (ii) Revolving loan Higher of HIBOR +3% or Prime rate -0.5% 256,443 - (iii) Bank overdraft Higher of HIBOR +3% or Prime rate - -

PROVISION FOR INCOME TAXES (Tab

PROVISION FOR INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES	The following tables provide the reconciliation of the differences between the statutory and effective tax expenses following as of December 31, 2022 and 2021. SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES 2022 2021 December 31, 2022 2021 Income before tax $ (596,881 ) $ (354,743 ) HK SAR Profits Tax at 16.5 (98,485 ) (58,533 ) Tax effect on non-deductible expenses 54,664 476,534 Tax effect on deductible temporary differences (122 ) (139 ) Tax effect on tax loss not recognized 43,943 - Tax effect on utilization of tax losses - (417,862 ) Income tax $ - $ -
SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE	The Company’s effective tax rate was as follows as of December 31, 2022 and 2021: SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE 2022 2021 December 31, 2022 2021 HK SAR Profits Tax at 16.5 16.5 % 16.5 % Tax effect of income not taxable (16.5 )% (16.5 )% The Company’s effective tax rate 0 % 0 %

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	12 Months Ended
	Dec. 31, 2022
Contract Assets Concentrations [Member]
Concentration Risk [Line Items]
SCHEDULE OF CONCENTRATIONS RISK	The following table sets forth information as to each customer that accounted for top 5 of the Company’s contract assets as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 357,853 28 - - B 240,559 19 240,616 23 C 207,659 16 341,394 32 D 205,616 16 374,588 36 E 128,997 10 95,783 9
Retention Receivables Concentrations [Member]
Concentration Risk [Line Items]
SCHEDULE OF CONCENTRATIONS RISK	The following table sets forth information as to each customer that accounted for top 5 of the Company’s retention receivables as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 118,605 53 136,474 63 B 87,421 39 62,104 28 C 9,787 4 17,003 8 D 5,845 3 - - E 2,237 1 - - F - - 2,557 1
Customer Concentration [Member]
Concentration Risk [Line Items]
SCHEDULE OF CONCENTRATIONS RISK	The following table sets forth information as to each customer that accounted for top 5 of the Company’s revenues as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 2,023,154 49 - - B 636,467 15 - - C 490,940 12 1,313,900 32 D 356,516 9 1,367,752 33 E 155,649 4 - - F - - 476,884 12 G - - 264,558 6 H - - 201,190 5 The following table sets forth information as to each customer that accounted for top 5 of the Company’s account receivables as of December 31, 2022 and 2021. For the years ended Customers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 641,109 58 - - B 158,047 14 170,960 25 C 135,430 12 308,154 45 D 52,571 5 - - E 35,319 3 - - F - - 93,102 14 G - - 53,481 8 H - - 43,159 6
Supplier Concentrations [Member]
Concentration Risk [Line Items]
SCHEDULE OF CONCENTRATIONS RISK	The following table sets forth information as to each supplier that accounted for top 5 of the Company’s purchase as of December 31, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Suppliers December 31, 2022 December 31, 2021 Amount $ % Amount $ % A 513,533 16 315,760 10 B 383,152 12 - - C 255,586 8 - - D 252,014 8 - - E 222,456 7 - - F - - 361,030 11 G - - 293,494 9 H - - 234,358 7 I - - 214,423 7

CONTRACT REVENUES AND CONTRAC_2

CONTRACT REVENUES AND CONTRACT COSTS (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
SCHEDULE OF CONTRACT REVENUES AND CONTRACT COSTS	SCHEDULE OF CONTRACT REVENUES AND CONTRACT COSTS Total contract revenues as of 2022 2021 December 31, Total contract revenues as of 2022 2021 Low voltage electrical system $ 1,028,162 $ 2,628,625 MVAC systems 502,556 299,985 Out-fitting 1,998,726 1,103,692 Water supply and sewage disposal system installation 288,480 71,516 Fire safety system 352,007 31,241 Total Contract Revenues $ 4,169,931 $ 4,135,059 Total contract revenues as of 2022 2021 December 31, Total contract costs as of 2022 2021 Low voltage electrical system $ 898,100 $ 2,235,698 MVAC systems 462,400 262,322 Out-fitting 1,562,551 701,688 Water supply and sewage disposal system installation 205,693 52,320 Fire safety system 255,483 23,271 Total Contract Costs $ 3,384,227 $ 3,275,299

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
SCHEDULE OF AMOUNT DUE FROM AND DUE TO RELATED PARTIES	The summary of amount due from and due to related parties as the following: SCHEDULE OF AMOUNT DUE FROM AND DUE TO RELATED PARTIES 2022 2021 December 31, 2022 2021 Due from related parties consist of the following: WANG & LEE BROTHERS., Inc. Due from ultimate holding company 1,282 1,283 Due from related parties, Total $ 1,282 $ 1,283 Due to related parties consist of the following: Pui Lung Ho Due to director 1,853,263 1,526,557 Due to related parties, Total $ 1,853,263 $ 1,526,557

ORGANIZATION AND PRINCIPAL AC_2

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net income loss	$ 596,881	$ 354,743
Accumulated deficit	2,221,822	1,624,941
Working capital deficit	1,281,671	518,589
Net cash used in operating activities	$ 352,764	$ 482,801

SCHEDULE OF COMPANY ENTITIES EQ

SCHEDULE OF COMPANY ENTITIES EQUITY METHOD INVESTMENTS (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Registered capital	$ 503,225	$ 503,225
Wang And Lee Group Inc [Member]
Attributable equity interest	100%
Registered capital	$ 2
Wang And Lee Holdings Inc [Member]
Attributable equity interest	100%
Registered capital	$ 100
Wang And Lee Contracting Limited [Member]
Attributable equity interest	100%
Registered capital	$ 503,225

SCHEDULE OF ESTIMATED USEFUL LI

SCHEDULE OF ESTIMATED USEFUL LIVES OF THE PLAN AND EQUIPMENT (Details)	12 Months Ended
	Dec. 31, 2022
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment estimated life	5 years
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment estimated life	5 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment estimated life	5 years

SCHEDULE OF HISTORICAL FOREIGN

SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES (Details)	Dec. 31, 2022	Dec. 31, 2021
Period End HK Exchnage Rate [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate	7.7990	7.7971
Period Average HK Exchnage Rate [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate	7.8298	7.7723

SCHEDULE OF OF REVENUE AND COST

SCHEDULE OF OF REVENUE AND COST OF REVENUE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Contract Revenue	$ 4,169,931	$ 4,135,059
Contract Costs	3,384,227	3,275,299
Gross profit	$ 785,704	$ 859,760
Gross Profit Margin	19%	21%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Salvage value in percentage	0%
Minimum [Member]
Property, Plant and Equipment [Line Items]
Retention revenue in percentage	5%
Maximum [Member]
Property, Plant and Equipment [Line Items]
Retention revenue in percentage	10%
Wang And Lee Group Inc [Member]
Property, Plant and Equipment [Line Items]
Equity interest ownership percentage	100%
Wang And Lee Group Inc [Member] | Sau Lee Shirley Kam [Member]
Property, Plant and Equipment [Line Items]
Equity interest ownership percentage	99%
Wang And Lee Group Inc [Member] | Pui Lung Ho [Member]
Property, Plant and Equipment [Line Items]
Equity interest ownership percentage	1%

SCHEDULE OF ACCOUNTS RECEIVABLE

SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Credit Loss [Abstract]
Account receivables	$ 1,104,187	$ 689,622
Less: allowance for expected credit loss	(35,900)	(8,173)	$ (3,062)
Total	$ 1,068,287	$ 681,449

SCHEDULE OF ALLOWANCES FOR EXPE

SCHEDULE OF ALLOWANCES FOR EXPECTED CREDIT LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Credit Loss [Abstract]
Allowances for expected credit loss, beginning balance	$ (8,173)	$ (3,062)
Provision	(27,619)	(5,146)
Effect of currency translation adjustment	(108)	35
Allowances for expected credit loss, ending balance	$ (35,900)	$ (8,173)

SCHEDULE OF CONTRACT ASSETS (De

SCHEDULE OF CONTRACT ASSETS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Contract Assets Net
Balance at beginning of the year	$ 943,369	$ 305,928
Additions	797,302	1,609,920
Changes due to billings	(804,156)	(862,830)
Allowance for expected credit loss and bad debt written-off	100,486	(109,013)
Exchange adjustment	457	(636)
Balance at end of year	$ 1,037,458	$ 943,369

SCHEDULE OF CONTRACT ASSETS ALL

SCHEDULE OF CONTRACT ASSETS ALLOWANCES FOR EXPECTED CREDIT LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Contract Assets Net
Balance at beginning of the year	$ (108,965)	$ (3,519)
Provision	(3,628)	(105,802)
Bad debt written-off	104,114
Exchange adjustment	425	356
Ending balance	$ (8,054)	$ (108,965)

SCHEDULE OF RETENTION RECEIVABL

SCHEDULE OF RETENTION RECEIVABLES (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Retention Receivables Net
Retention receivables – current	$ 2,237	$ 67,549
Less: allowance for expected credit loss	(21)
Retention receivables current net	2,216	67,549
Retention receivables – non-current	221,658	150,589
Less: allowance for expected credit loss	(2,059)
Retention receivables non-current net	$ 219,599	$ 150,589

SCHEDULE OF RETENTION RECEIVA_2

SCHEDULE OF RETENTION RECEIVABLES ALLOWANCES FOR EXPECTED CREDIT LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Retention Receivables Net
Balance at beginning of the year		$ (2,500)
(Provision) Reversal of provision	(2,071)	2,492
Exchange adjustment	(9)	8
Ending balance	$ (2,080)

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT, NET (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 59,068	$ 59,421
Less: accumulated depreciation	(57,256)	(54,996)
Total	1,812	4,425
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,176	3,195
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	28,083	28,250
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 27,809	$ 27,976

PLANT AND EQUIPMENT, NET (Detai

PLANT AND EQUIPMENT, NET (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 2,603	$ 3,629

SCHEDULE OF CONTRACT LIABILITIE

SCHEDULE OF CONTRACT LIABILITIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Contract Liabilities
Balance at beginning of year	$ 227,371	$ 532,456
Additions	664,259	106,493
Recognized to revenue during the year	(26,962)	(409,495)
Exchange adjustment	2,464	(2,083)
Balance at end of year	$ 867,132	$ 227,371

SCHEDULE OF SHORT TERM DEBT (De

SCHEDULE OF SHORT TERM DEBT (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 HKD ($)
Line of Credit Facility [Line Items]
Short-term loan portion	$ 455,103	$ 258,539
Long-term loan portion	$ 653,185	752,859
Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits		769,330	$ 6,000,000
August 23, 2021 [Member] | Bank Overdrafts [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +3% or Prime rate
August 23, 2021 [Member] | General Banking Facilities [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits	$ 641,262
Line of credit
August 23, 2021 [Member] | Invoice Financing Loan [Member]
Line of Credit Facility [Line Items]
Line of credit		241,884
Line of credit facility, interest rate	Higher of HIBOR +2.5% or Prime rate -1%
September 27, 2021 [Member]
Line of Credit Facility [Line Items]
Short-term loan portion	$ 99,640	16,655
Long-term loan portion	653,185	$ 752,859
September 27, 2021 [Member] | Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits	$ 769,514
Line of credit facility, interest rate	Prime Rate -2.50%
August 1, 2022 [Member] | Bank Overdrafts [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +3% or Prime rate
August 1, 2022 [Member] | General Banking Facilities [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits	$ 641,109
August 1, 2022 [Member] | Invoice Financing Loan [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 99,020
Line of credit facility, interest rate	Higher of HIBOR +2.5% or Prime rate -1%
August 1, 2022 [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 256,443
Line of credit facility, interest rate	Higher of HIBOR +3% or Prime rate -0.5%

SHORT-TERM AND LONG-TERM BANK_3

SHORT-TERM AND LONG-TERM BANK LOANS (Details Narrative)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 HKD ($)	Dec. 31, 2022 HKD ($)
Debt Instrument [Line Items]
Borrowings	$ 35,377	$ 13,312
Director [Member]
Debt Instrument [Line Items]
Line of credit facility, limits	641,109		$ 5,000,000
Collateralized Financings	384,665			$ 3,000,000
Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Debt Instrument [Line Items]
Interest rate		2.50%
Line of credit facility, limits		$ 769,330	$ 6,000,000
Repayable amount	$ 653,185	$ 752,859
Minimum [Member] | Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Debt Instrument [Line Items]
Interest rate	2.75%	2.75%		2.75%
Minimum [Member] | HIBOR [Member]
Debt Instrument [Line Items]
Interest rate	2.50%			2.50%
Minimum [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Interest rate	0.50%			0.50%
Maximum [Member] | Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Debt Instrument [Line Items]
Interest rate	7.53%	7.53%		7.53%
Maximum [Member] | HIBOR [Member]
Debt Instrument [Line Items]
Interest rate	3%			3%
Maximum [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Interest rate	1%			1%

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Equity [Abstract]
Common stock shares outstanding	12,000,000	12,000,000
Ordinary shares value	$ 2	$ 2

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details Narrative)	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee benefit percentage	5%

SCHEDULE OF STATUTORY AND EFFEC

SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES (Details) $ in Millions		12 Months Ended
	Mar. 21, 2018 HKD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Income Tax Disclosure [Abstract]
Income before tax		$ (596,881)	$ (354,743)
HK SAR Profits Tax at 16.5%		(98,485)	(58,533)
Tax effect on non-deductible expenses		54,664	476,534
Tax effect on deductible temporary differences		(122)	(139)
Tax effect on tax loss not recognized		43,943
Tax effect on utilization of tax losses	$ 2		(417,862)
Income tax
HK SAR Profits Tax at 16.5%		16.50%	16.50%
Tax effect of income not taxable		(16.50%)	(16.50%)
The Company’s effective tax rate		0%	0%

SCHEDULE OF STATUTORY AND EFF_2

SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	16.50%	16.50%

SCHEDULE OF STATUTORY AND EFF_3

SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	16.50%	16.50%

PROVISION FOR INCOME TAXES (Det

PROVISION FOR INCOME TAXES (Details Narrative) $ in Millions		12 Months Ended
	Mar. 21, 2018 HKD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Profit tax rates	$ 2		$ (417,862)
Profit tax rates percent	8.25%
Flat tax rate percent	16.50%
Maximum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Profit tax rates	$ 2
Profit tax rates percent	16.50%

SCHEDULE OF CONCENTRATIONS RISK

SCHEDULE OF CONCENTRATIONS RISK (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Revenues	$ 4,169,931	$ 4,135,059
Customer A [Member] | Customer Assets Concentrations [Member] | Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 357,853
Customer assets percentage	28%
Customer A [Member] | Retention Receivables Concentration [Member] | Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 118,605	$ 136,474
Customer assets percentage	53%	63%
Customer A [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 2,023,154
Customer assets percentage	49%
Customer A [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 641,109
Customer assets percentage	58%
Customer A [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 513,533	$ 315,760
Customer assets percentage	16%	10%
Customer B [Member] | Customer Assets Concentrations [Member] | Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 240,559	$ 240,616
Customer assets percentage	19%	23%
Customer B [Member] | Retention Receivables Concentration [Member] | Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 87,421	$ 62,104
Customer assets percentage	39%	28%
Customer B [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 636,467
Customer assets percentage	15%
Customer B [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 158,047	$ 170,960
Customer assets percentage	14%	25%
Customer B [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 383,152
Customer assets percentage	12%
Customer C [Member] | Customer Assets Concentrations [Member] | Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 207,659	$ 341,394
Customer assets percentage	16%	32%
Customer C [Member] | Retention Receivables Concentration [Member] | Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 9,787	$ 17,003
Customer assets percentage	4%	8%
Customer C [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 490,940	$ 1,313,900
Customer assets percentage	12%	32%
Customer C [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 135,430	$ 308,154
Customer assets percentage	12%	45%
Customer C [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 255,586
Customer assets percentage	8%
Customer D [Member] | Customer Assets Concentrations [Member] | Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 205,616	$ 374,588
Customer assets percentage	16%	36%
Customer D [Member] | Retention Receivables Concentration [Member] | Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 5,845
Customer assets percentage	3%
Customer D [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 356,516	$ 1,367,752
Customer assets percentage	9%	33%
Customer D [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 52,571
Customer assets percentage	5%
Customer D [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 252,014
Customer assets percentage	8%
Customer E [Member] | Customer Assets Concentrations [Member] | Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 128,997	$ 95,783
Customer assets percentage	10%	9%
Customer E [Member] | Retention Receivables Concentration [Member] | Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 2,237
Customer assets percentage	1%
Customer E [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 155,649
Customer assets percentage	4%
Customer E [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 35,319
Customer assets percentage	3%
Customer E [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 222,456
Customer assets percentage	7%
Customer F [Member] | Retention Receivables Concentration [Member] | Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues		$ 2,557
Customer assets percentage		1%
Customer F [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 476,884
Customer assets percentage		12%
Customer F [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues		$ 93,102
Customer assets percentage		14%
Customer F [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 361,030
Customer assets percentage		11%
Customer G [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 264,558
Customer assets percentage		6%
Customer G [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues		$ 53,481
Customer assets percentage		8%
Customer G [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 293,494
Customer assets percentage		9%
Customer H [Member] | Customer Concentrations [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 201,190
Customer assets percentage		5%
Customer H [Member] | Customer Concentrations [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues		$ 43,159
Customer assets percentage		6%
Customer H [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 234,358
Customer assets percentage		7%
Customer I [Member] | Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 214,423
Customer assets percentage		7%

SCHEDULE OF CONTRACT REVENUES A

SCHEDULE OF CONTRACT REVENUES AND CONTRACT COSTS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total Contract Revenues	$ 4,169,931	$ 4,135,059
Total Contract Costs	3,384,227	3,275,299
Low Voltage Electrical System [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	1,028,162	2,628,625
Total Contract Costs	898,100	2,235,698
MVAC Systems [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	502,556	299,985
Total Contract Costs	462,400	262,322
Outfitting [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	1,998,726	1,103,692
Total Contract Costs	1,562,551	701,688
Water Supply and Sewage Disposal System Installation [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	288,480	71,516
Total Contract Costs	205,693	52,320
Fire Safety System [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	352,007	31,241
Total Contract Costs	$ 255,483	$ 23,271

RISKS (Details Narrative)

RISKS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Risks
Account receivables	$ 1,068,287	$ 681,449
Contract assets	1,037,458	943,369
Retention receivables	$ 221,815
Variable interest rate	1%
Post tax profit	$ 13,069	$ 1,954

SCHEDULE OF AMOUNT DUE FROM AND

SCHEDULE OF AMOUNT DUE FROM AND DUE TO RELATED PARTIES (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Due from related parties, Total	$ 1,282	$ 1,283
Due to related parties, Total	1,853,263	1,526,557
Management [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Due from related parties, Total	1,282	1,283
Director [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Due to related parties, Total	$ 1,853,263	$ 1,526,557

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Due to related parties	$ 1,853,263	$ 1,526,557
Director [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Due to related parties	$ 1,853,263	$ 1,526,557

SUBSEQUENT EVENT (Details Narra

SUBSEQUENT EVENT (Details Narrative) - Subsequent Event [Member] - IPO [Member] $ / shares in Units, $ in Millions	Apr. 20, 2023 USD ($) $ / shares shares
Subsequent Event [Line Items]
Sale of stock | shares	1,600,000
Sale of stock, price per share | $ / shares	$ 5
Proceeds from public offering | $	$ 8