WANG & LEE (WLGS) 20-F13 May 242023 FY Annual report (foreign)Financial data

Company Profile

Cover

Cover	12 Months Ended
Cover	Dec. 31, 2023 shares
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, 2023
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
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	Yes
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	15,093,847
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	7020
Auditor Name	AOGB CPA Limited
Auditor Location	Hong Kong, Hong Kong
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, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 5,210,193	$ 609,616
Accounts receivables, net	3,997,467	1,068,287
Contract assets, net	1,650,750	1,037,458
Retention receivables – current, net	117,493	2,216
Advance and prepayments	188,830	159,741
Total current assets	11,298,237	2,878,600
Retention receivables – non-current, net	220,178	219,599
Right-of-use assets, operating lease, net	206,826
Plant and equipment, net	65,565	1,812
TOTAL ASSETS	11,790,806	3,100,011
LIABILITIES AND SHAREHOLDERS’ EQUITY / (DEFICIT)
Short-term bank loans - current	1,149,062	455,103
Operating lease liability - current	113,220
Finance lease liability - current	10,319
Accounts payables	1,156,523	937,043
Other payables	332,035	47,730
Contract liabilities	996,526	867,132
Other payables – related parties	1,347,019	1,853,263
Total current liabilities	5,104,704	4,160,271
Operating lease liability – non-current	89,251
Finance lease liability – non-current	35,408
Long-term bank loans – non-current	552,518	653,185
TOTAL LIABILITIES	5,781,881	4,813,456
Commitments and contingencies
Shareholders’ Equity / (Deficit)
Ordinary shares, no par value; 15,093,847 shares and 12,000,000 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	8,350,002	2
Additional paid in capital	503,225	503,225
Accumulated deficit	(2,870,676)	(2,221,822)
Accumulated other comprehensive income	26,374	5,150
Total Shareholders’ Equity / (Deficit)	6,008,925	(1,713,445)
TOTAL LIABILITIES AND SHAREHOLDERS’S EQUITY / (DEFICIT)	11,790,806	3,100,011
Nonrelated Party [Member]
ASSETS
Other receivables	132,218
Related Party [Member]
ASSETS
Other receivables	$ 1,286	$ 1,282

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock no par value per share	$ 0	$ 0
Common stock shares issued	15,093,847	12,000,000
Common stock shares outstanding	15,093,847	12,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Contract revenues	$ 6,825,879	$ 4,169,931	$ 4,135,059
Contract costs	4,385,279	3,384,227	3,275,299
Gross profit	2,440,600	785,704	859,760
Selling expenses
General and administrative expenses	3,211,690	1,427,156	1,220,619
Total operating expenses	3,211,690	1,427,156	1,220,619
Operating loss	(771,090)	(641,452)	(360,859)
Other income (expenses)
Other income	183,800	79,948	19,428
Interest expense	(61,564)	(35,377)	(13,312)
Total other income, net	122,236	44,571	6,116
Loss before taxes	(648,854)	(596,881)	(354,743)
Provision for income taxes
Net loss	(648,854)	(596,881)	(354,743)
Other comprehensive income (loss)
Foreign currency translation adjustment	21,224	(130)	4,053
Total comprehensive loss	$ (627,630)	$ (597,011)	$ (350,690)
Loss per share Basic	$ (0.04)	$ (0.05)	$ (0.03)
Loss per share diluted	$ (0.04)	$ (0.05)	$ (0.03)
Weighted average shares outstanding - Basic	14,284,276	12,000,000	12,000,000
Weighted average shares outstanding - Diluted	14,284,276	12,000,000	12,000,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' (Deficit)/ Equity - 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)
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)
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)
Balance, shares at Dec. 31, 2022	12,000,000
Net loss			(648,854)		(648,854)
Foreign currency translation adjustment				21,224	21,224
Ending balance, value at Dec. 31, 2023	$ 8,350,002	$ 503,225	$ (2,870,676)	$ 26,374	$ 6,008,925
Balance, shares at Dec. 31, 2023	15,093,847

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity/ (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)
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)
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)
Balance, shares at Dec. 31, 2022	12,000,000
Net loss			(648,854)		(648,854)
Foreign currency translation adjustment				21,224	21,224
Ordinary shares issued	$ 8,350,000				8,350,000
Ordinary shares issued, shares	3,093,847
Ending balance, value at Dec. 31, 2023	$ 8,350,002	$ 503,225	$ (2,870,676)	$ 26,374	$ 6,008,925
Balance, shares at Dec. 31, 2023	15,093,847

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (648,854)	$ (596,881)	$ (354,743)
Depreciation	1,228	2,603	3,629
Amortization of the right-of-use asset, finance lease	7,201
Amortization of the right-of-use asset, operating lease	23,984
Expected credit loss allowance and bad debt written-off	220,935	168,817	108,456
Contract assets	(676,760)	(233,069)	(747,043)
Accounts receivables	(3,071,069)	(413,098)	772,607
Other receivables	(131,859)	16,496
Retention receivables	(114,958)	(5,786)	86,744
Advance and prepayments	(28,591)	(142,557)	(659)
Accounts payables	422,256	226,336	(34,441)
Other payables	77,572	(12,922)	(14,348)
Contract liabilities	126,764	637,297	(303,003)
Leases interest expenses	3,158
Interest elements of lease payments	(1,570)
Principal elements of lease payments	(23,821)
Net cash used in operating activities	(3,814,384)	(352,764)	(482,801)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of bank loans	(1,436,277)	(440,623)	(1,411,310)
Proceeds from new bank loans	2,025,044	537,371	2,068,614
(Repayment to) / Advance from a director	(524,816)	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)
Proceeds from private placement and initial public offer	8,350,000
Net cash provided by financing activities	8,413,951	422,531	1,018,183
Net increase of cash and cash equivalents	4,599,567	69,767	535,382
Effect of foreign currency translation on cash and cash equivalents	1,010	2,111	(5,863)
Cash and cash equivalents, beginning of year	609,616	537,738	8,219
Cash and cash equivalents, end of year	5,210,193	609,616	537,738
Supplementary cash flow information:
Taxes paid
Interest paid	59,976	35,377	13,312
Listing fee	$ 1,241,199	$ 328,699	$ 458,013

ORGANIZATION AND PRINCIPAL ACTI

ORGANIZATION AND PRINCIPAL ACTIVITIES	12 Months Ended
ORGANIZATION AND PRINCIPAL ACTIVITIES	Dec. 31, 2023
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 Holdings 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, 2023, the Company has incurred a net loss of $ 648,854 and had an accumulated deficit $ 2,870,676 3,814,384 8,350,000 through the private placement on March 20, 2023 and initial public offering on April 24, 2023. As of December 31, 2023, the Company had a working capital of $ 6,193,533 Accordingly, as of the date of this report, there would not exist substantial doubt on going concern as the Company has adequate resources to continue in business for the foreseeable future and management of the Company are not aware of material uncertainties relating to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. 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
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2023
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”). 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 Registered Name of Company incorporation Ownership percentage capital WANG & LEE GROUP, Inc. BVI Group Holding Company $ 8,350,002 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 Holdings, a limited company incorporated in the BVI. Principles of consolidation (Continued) On July 2, 2021, the Company acquired WLHK. WLHK was owned 99 1 100 Use of estimates The preparation of the audited consolidated financial statements in conformity with 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. 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 advance and prepayments to contract costs when the materials are consumed 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 vehicles 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 net 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 less costs to sell. Lease In accordance with ASU 2016-02, “Leases” (Topic 842), the Company determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. The Company elected the practical expedients that do not require us to reassess: (1) whether any expired or existing contracts are, or contain, leases, (2) lease classification for any expired or existing leases and (3) initial direct costs for any expired or existing leases. For lease terms of twelve months or fewer, a lessee is permitted to make an accounting policy election not to recognize lease assets and liabilities. The Company also adopted the practical expedient that allows lessees to treat the lease and non-lease components of a lease as a single lease component. Lease terms used to calculate the present value of lease payments generally do not include any options to extend, renew, or terminate the lease, as the Company does not have reasonable certainty at lease inception that these options will be exercised. The Company generally considers the economic life of its operating lease right of use (“ROU”) assets to be comparable to the useful life of similar owned assets. The Company has elected the short-term lease exception, therefore operating lease ROU assets and liabilities do not include leases with a lease term of twelve months or less. Lease expense is recognized on a straight-line basis over the lease term. Operating leases are included in right-of-use assets, operating lease, operating lease liability - current, and operating lease liability - non-current, and finance leases are included in plant and equipment, finance lease liability - current, and finance lease liability - non-current in the consolidated balance sheets. The Company’s management believes the Hong Kong dollar Best Lending Rate (“BLR”) from Hong Kong Monetary Authority was the most indicative rate of the Company’s borrowing cost for the calculation of the present value of the lease payments; the rate used by the Company was 5.88 % . 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 year. Capital accounts are translated at their historical exchange rates when the capital transactions occurred. SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES 2022 2021 2020 For the year ended December 31, 2023 2022 2021 Period Ended HK$: USD exchange rate 7.7785 7.7990 7.7971 Period Average HK$: USD exchange rate 7.7997 7.8298 7.7723 Foreign currency exchange rate 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 when it satisfies a performance obligation by transferring control over a product or service to a customer. A performance obligation is satisfied over time, revenue is recognized by reference to the progress towards complete satisfaction of that performance obligation. Otherwise, revenue is recognized at a point in time when the customer obtains control of the product or service. The Company uses an input method based on contract costs incurred to date compared to total estimated contract costs to measure its progress toward complete satisfaction of the performance obligation. The 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 contract costs 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. The Company set forth payment terms on contracts that require its 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. The Company 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 10 The details of revenue and cost of revenue of the Company is as follows: SCHEDULE OF OF REVENUE AND COST OF REVENUE 2023 2022 2021 December 31, 2023 2022 2021 Contract Revenue $ 6,825,879 $ 4,169,931 4,135,059 Contract Costs 4,385,279 3,384,227 3,275,299 Gross Profit $ 2,440,600 $ 785,704 859,760 Gross Profit Margin 36 % 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: Accounts receivables, net Accounts 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 customer’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 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. The expected credit loss methodology applies to account receivables, contract assets, retention receivables and other financial instruments. Retirement benefits Retirement benefits in the form of mandatory 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 and long-term bank loans, 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 and cash equivalents, accounts receivables, other receivables, accounts payables, other payables, short-term and long-term bank 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. ● 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 “ Derivatives and Hedging” Adoption of new accounting standard Effective January 1, 2023, the Company adopted 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 update will generally result in an entity recognizing contract assets and contract liabilities at amounts consistent with those recorded by the acquiree immediately before the acquisition date rather than at fair value. The new standard was effective on a prospective basis for fiscal years beginning after December 15, 2022, with early adoption permitted. The adoption of this standard did not have an impact on the consolidated financial statements. Recent accounting pronouncements In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which requires public entities to disclose expanded information about their reportable segment(s)’ significant expenses and other segment items on an interim and annual basis. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The ASU is required to be applied retrospectively to all prior periods presented in the financial statements once adopted. The Company is evaluating the disclosure requirements related to the new standard. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which requires public entities to disclose specific tax rate reconciliation categories, as well as income taxes paid disaggregated by jurisdiction, amongst other disclosure enhancements. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2024, with early adoption permitted. The ASU can be adopted on a prospective or retrospective basis. The Company is evaluating the disclosure requirements related to the new standard. The Company has considered all other recently issued accounting pronouncements and does not believe that the adoption of such pronouncements will have a material impact on the consolidated financial statements.

ACCOUNTS

ACCOUNTS	12 Months Ended
ACCOUNTS	Dec. 31, 2023
Credit Loss [Abstract]
ACCOUNTS	NOTE 3 – ACCOUNT S Account s SCHEDULE OF ACCOUNTS RECEIVABLE 2023 2022 December 31, 2023 2022 Accounts receivables $ 4,186,536 $ 1,104,187 Less: allowance for expected credit loss (189,069 ) (35,900 ) Total $ 3,997,467 $ 1,068,287 The movement of allowances for expected credit loss is as follow: SCHEDULE OF ALLOWANCES FOR EXPECTED CREDIT LOSS December 31, 2023 2022 Balance at beginning of the year $ (35,900 ) $ (8,173 ) Provision for the year (153,074 ) (27,619 ) Exchange adjustment (95 ) (108 ) Ending balance $ (189,069 ) $ (35,900 )

CONTRACT ASSETS, NET

CONTRACT ASSETS, NET	12 Months Ended
CONTRACT ASSETS, NET	Dec. 31, 2023
Contract Assets Net
CONTRACT ASSETS, NET	NOTE 4 – CONTRACT ASSETS, NET Contract assets, net consist of the following: SCHEDULE OF CONTRACT ASSETS 2023 2022 December 31, 2023 2022 Contract assets Balance at the beginning of the year $ 1,037,458 $ 943,369 Additions 2,184,620 797,302 Changes due to billings (1,507,860 ) (804,156 ) Allowance for expected credit loss and bad debt written-off (67,861 ) 100,486 Exchange adjustment 4,393 457 Balance at the end of the year $ 1,650,750 $ 1,037,458 The movement of allowances for expected credit loss is as follow: SCHEDULE OF CONTRACT ASSETS ALLOWANCES FOR EXPECTED CREDIT LOSS 2023 2022 December 31, 2023 2022 Balance at the beginning of the year $ (8,054 ) $ (108,965 ) Provision for the year (67,861 ) (3,628 ) Bad debt written-off - 104,114 Exchange adjustment (206 ) 425 Balance at the end of the year $ (76,121 ) $ (8,054 )

RETENTION RECEIVABLES, NET

RETENTION RECEIVABLES, NET	12 Months Ended
RETENTION RECEIVABLES, NET	Dec. 31, 2023
Retention Receivables Net
RETENTION RECEIVABLES, NET	NOTE 5 – RETENTION RECEIVABLES, NET Retention receivables, net consist of the following: SCHEDULE OF RETENTION RECEIVABLES 2023 2022 December 31, 2023 2022 Retention receivables – current $ 117,514 $ 2,237 Less: allowance for expected credit loss (21 ) (21 ) Retention receivables current net $ 117,493 $ 2,216 Retention receivables – non-current $ 222,242 $ 221,658 Less: allowance for expected credit loss (2,064 ) (2,059 ) Retention receivables non-current net $ 220,178 $ 219,599 The movement of allowances for expected credit loss is as follow: SCHEDULE OF RETENTION RECEIVABLES ALLOWANCES FOR EXPECTED CREDIT LOSS 2023 2022 December 31, 2023 2022 Balance at the beginning of the year $ (2,080 ) $ - (Provision) Reversal of provision for the year - (2,071 ) Exchange adjustment (5 ) (9 ) Balance at the end of the year $ (2,085 ) $ (2,080 )

PLANT AND EQUIPMENT, NET

PLANT AND EQUIPMENT, NET	12 Months Ended
PLANT AND EQUIPMENT, NET	Dec. 31, 2023
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 2023 2022 December 31, 2023 2022 At cost: Furniture and fixtures $ 3,184 $ 3,176 Equipment 28,155 28,083 Motor vehicles 100,084 27,809 Property, plant and equipment, gross 131,423 59,068 Less: accumulated depreciation (65,858 ) (57,256 ) Total $ 65,565 $ 1,812 Depreciation expense under finance lease for the years ended December 31, 2023, 2022 and 2021 was $ 7,201 Nil Nil 1,228 2,603 3,629 As at December 31, 2023 and 2022, there was carrying amount of $ 64,982 Nil

LEASES

LEASES	12 Months Ended
LEASES	Dec. 31, 2023
Leases
LEASES	NOTE 7 – LEASES Operating lease The Company has various operating leases for office space. During the year ended December 31, 2023, the Company has entered into lease contracts and as a result recognized a right-of-use asset of $ 230,875 230,875 5.88% As of December 31, 2023 and 2022, the right-of-use assets totaled $ 206,826 Nil As of December 31, 2023 and 2022, the operating lease liability consist of the following: SCHEDULE OF LEASE LIABILITIES 2023 2022 December 31, 2023 2022 Operating lease liability – current portion $ 113,220 $ - Operating lease liability – non-current portion 89,251 - Total $ 202,471 $ - During the years ended Dember 31, 2023, 2022 and 2021, the Company incurred total operating lease expenses of $ 62,714 81,151 34,739 Other lease information is as follows: SCHEDULE OF OTHER LEASE INFORMATION December 31, 2023 2022 Weighted-average remaining lease term – operating leases 21.5 - Weighted-average discount rate – operating leases 5.88 % - The following is a schedule of future minimum payments under operating leases as of December 31: SCHEDULE OF FUTURE MINIMUM PAYMENTS UNDER OPERATING LEASES December 31, Less than 1 year 116,796 More than 1 year 96,484 Total lease payments 213,280 Less: discount (10,809 ) Total operating lease liability, net of interest 202,471 Finance lease As of December 31, 2023 and 2022, the maturities of finance lease liabilities were as follows: SCHEDULE OF MATURITIES OF FINANCE LEASE LIABILITIES 2023 2022 December 31, Representing: 2023 2022 Less than 1 year $ 12,946 $ - More than 1 year 38,839 - Total undiscounted lease payments $ 51,785 $ - Less: discount $ (6,058 ) $ - Present value of finance lease liabilities $ 45,727 $ - 2023 2022 December 31, Representing: 2023 2022 Current liability $ 10,319 $ - Non-current liability 35,408 - Total $ 45,727 $ -

CONTRACT LIABILITIES

CONTRACT LIABILITIES	12 Months Ended
CONTRACT LIABILITIES	Dec. 31, 2023
Contract Liabilities
CONTRACT LIABILITIES	NOTE 8 – CONTRACT LIABILITIES Contract liabilities consist of the following: SCHEDULE OF CONTRACT LIABILITIES 2023 2022 December 31, 2023 2022 Balance at beginning of year $ 867,132 $ 227,371 Additions 847,945 664,259 Recognized to revenue during the year (721,180 ) (26,962 ) Exchange adjustment 2,629 2,464 Balance at end of year $ 996,526 $ 867,132

SHORT-TERM AND LONG-TERM BANK L

SHORT-TERM AND LONG-TERM BANK LOANS	12 Months Ended
SHORT-TERM AND LONG-TERM BANK LOANS	Dec. 31, 2023
Debt Disclosure [Abstract]
SHORT-TERM AND LONG-TERM BANK LOANS	NOTE 9 – 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 Provider Facilities Interest Limits Utilized as of 2023 2022 2021 August 23, 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) Revolving loan 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 102,736 99,640 16,655 - Long-term loan portion 552,518 653,185 752,859 August 1, 2022 BEA General banking facilities 641,109 (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% 171,270 99,020 (ii) Revolving loan Higher of HIBOR +3% or Prime rate -0.5% 257,516 256,443 (iii) Bank overdraft Higher of HIBOR +3% or Prime rate - - July 4, 2023 BEA General banking facilities 642,797 (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% 175,430 - (ii) Revolving loan Higher of HIBOR +3% or Prime rate -0.5% 257,119 - (iii) Bank overdraft Higher of HIBOR +3% or Prime rate 11,861 - July 10, 2023 Shanghai Commercial Bank (“SHCB”) Revolving Loan “HKD) Prime Rate -0.75% USD) Prime Rate -1.75%” 642,797 601,916 - June 2, 2023 Mercedes-Benz Financial Services Hong Kong Ltd. Obligation from finance lease for motor vehicle 2.680% 57,082 - Short-term loan portion 10,319 - - Long-term loan portion 35,408 - On July 4, 2023, the new credit agreement offers from BEA replaced the credit agreement offers from BEA entered on August 1, 2022. As of December 31, 2023, 2022 and 2021, invoice financing and certain revolving loans were secured by the personal deposit from a director of the Company and a related party, and limited personal guarantee provided by a 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 certain revolving loans carried variable interest at the higher of 1-month Hong Kong Interbank Offered Rate (the “HIBOR”) plus 2.5 3 0.5 1 During the year ended December 31, 2023, new revolving loans were granted and were secured by cash deposit from WLHK and continuing guarantee provided by a director. The amounts due are based on scheduled repayment dates set out in the banking facilities letters or loan agreements. The revolving loans carried interest at 0.75% 1.75% As of December 31, 2023, 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 a director and a related party for HK$ 6,000,000 771,357 2.5 The effective interest rate of the years 2023, 2022 and 2021 for the Company’s short-term and long-term bank loans ranged from 2.75 7.53 552,518 653,185 752,859 Interest expense on the short-term and long-term bank loans totaled $ 58,410 35,377 13,312 As of December 31, 2023, 2022 and 2021, the Company was granted the general banking facilities stated above with the following pledges: - Personal guarantee limited to HK$ 5 million (equivalent to $ 642,797 ) provided by Pui Lung Ho, a director of the Company and Sau Lee Shirley Kam, who is a family member of a director of the Company; and - Pledged deposit amounted approximately to HK$ 3 million (equivalent to approximately $ 385,678 ) by Pui Lung Ho, a director of the Company or Sau Lee Shirley Kam, who is a family member of a director of the Company. - An additional pledged deposit amounted approximately to HK$ 5 642,797

EQUITY

EQUITY	12 Months Ended
EQUITY	Dec. 31, 2023
Equity [Abstract]
EQUITY	NOTE 10 – EQUITY The equity of the Company as of December 31, 2023 and 2022 represents 15,093,847 ordinary shares and 12,000,000 ordinary shares amounting to $ 8,350,002 and $ 2 , respectively. On March 20, 2023, the Company completed a private placement of an aggregate 1,400,000 0.25 350,000 On April 20, 2023, the Company announced the pricing of our initial public offering of 1,600,000 5.00 8,000,000 96,331 2,484

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
EMPLOYEE BENEFIT PLANS	Dec. 31, 2023
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 11 – 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
PROVISION FOR INCOME TAXES	Dec. 31, 2023
Income Tax Disclosure [Abstract]
PROVISION FOR INCOME TAXES	NOTE 12 – PROVISION FOR INCOME TAXES British Virgin Islands WANG & LEE GROUP, Inc. and WL Holdings 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 March 21, 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 March 28, 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, 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, 2023, 2022 and 2021. SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES 2023 2022 2021 December 31, 2023 2022 2021 Income before tax $ (648,854 ) $ (596,881 ) $ (354,743 ) HK SAR Profits Tax at 16.5 (107,060 ) (98,485 ) (58,533 ) Tax effect on non-deductible expenses 1,196,640 54,664 476,534 Tax effect on deductible temporary differences (122 ) (122 ) (139 ) Tax effect on tax loss not recognized - 43,943 - Tax effect on utilization of tax losses (1,089,458 ) - (417,862 ) Income tax $ - $ - $ - The Company’s effective tax rate was as follows as of December 31, 2023, 2022 and 2021: SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE 2023 2022 2021 December 31, 2023 2022 2021 HK SAR Profits Tax at 16.5 16.5 % 16.5 % 16.5 % Tax effect of income not taxable (16.5 )% (16.5 )% (16.5 )% The Company’s effective tax rate 0 % 0 % 0 %

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	12 Months Ended
CONCENTRATIONS OF RISK	Dec. 31, 2023
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF RISK	NOTE 13 – CONCENTRATIONS OF RISK Contract a ssets concentrations The following table sets forth information as to each customer that accounted for top 5 of the Company’s contract assets gross carrying amount of December 31, 2023 and 2022. SCHEDULE OF CONCENTRATIONS RISK Customers 31-Dec-2 3 31-Dec-22 Amount $ % Amount $ % A 1,104,595 64 103,693 10 B 208,206 12 207,659 20 C 206,913 12 - - D 129,337 7 128,997 12 E 8,048 1 - - F - - 357,853 34 G - - 205,616 20 Retention receivables concentrations The following table sets forth information as to each customer that accounted for top 5 of the Company’s retention receivables gross carrying amount as of December 31, 2023 and 2022. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2023 December 31, 2022 Amount $ % Amount $ % A 121,130 36 5,845 3 B 118,918 35 118,605 53 C 87,652 26 87,421 39 D 9,813 2 9,787 4 E 2,243 1 2,237 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, 2023, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers 31-Dec-23 31-Dec-22 31-Dec-21 Amount $ % Amount $ % Amount $ % A 4,003,100 58 2,023,154 49 - - B 2,029,487 30 155,649 4 - - C 483,285 7 - - - - D 132,387 2 - - - - E 33,335 1 - - - - F - - 636,467 15 - - G - - 490,940 12 1,313,901 32 H - - 356,516 9 1,367,752 33 I - - - - 476,884 12 J - - - - 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 accounts receivables gross carrying amounts as of December 31, 2023 and 2022. For the years ended Customers December 31, 2023 December 31, 2022 Amount $ % Amount $ % A 3,520,014 84 641,109 58 B 424,761 10 52,571 5 C 132,748 3 - - D 39,367 1 135,430 12 E 20,776 1 158,047 14 F - - 35,319 3 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, 2023, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Suppliers December 31, 2023 December 31, 2022 December 31, 2021 Amount $ % Amount $ % Amount $ % A 1,242,479 28 - - - - B 407,880 9 513,533 16 315,760 10 C 239,673 5 - - - - D 223,995 5 - - 234,358 7 E 163,748 4 - - - - F - - 383,152 12 - - G - - 255,586 8 - - H - - 252,014 8 - - I - - 222,456 7 - - J - - - - 361,030 11 K - - - - 293,494 9 L - - - - 214,423 7

CONTRACT REVENUES AND CONTRACT

CONTRACT REVENUES AND CONTRACT COSTS	12 Months Ended
CONTRACT REVENUES AND CONTRACT COSTS	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
CONTRACT REVENUES AND CONTRACT COSTS	NOTE 14 – 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 2023 2022 2021 December 31, Total contract revenues as of 2023 2022 2021 Low voltage electrical system $ 3,832,334 $ 1,028,162 $ 2,628,625 MVAC systems 328,373 502,556 299,985 Out-fitting 2,594,828 1,998,726 1,103,692 Water supply and sewage disposal system installation 20,822 288,480 71,516 Fire safety system 49,522 352,007 31,241 Total Contract Revenues $ 6,825,879 $ 4,169,931 $ 4,135,059 Total contract costs as of 2023 2022 2021 December 31, Total contract costs as of 2023 2022 2021 Low voltage electrical system $ 3,309,315 $ 898,100 $ 2,235,698 MVAC systems 240,158 462,400 262,322 Out-fitting 794,573 1,562,551 701,688 Water supply and sewage disposal system installation 8,504 205,693 52,320 Fire safety system 32,729 255,483 23,271 Total Contract Costs $ 4,385,279 $ 3,384,227 $ 3,275,299

RISKS

RISKS	12 Months Ended
RISKS	Dec. 31, 2023
Risks
RISKS	NOTE 15 – 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, 2023 and 2022 are $ 3,997,467 1,650,750 1,068,287 1,037,458 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 2023 and 2022 was insignificant and accordingly no 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. During the year ended December 31, 2023, the Company implemented an in-house interest rate hedging policy to mitigate fair value interest risk and cash flow interest rate risk. As a result of this policy, the effective interest rate decreased by 2% 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 17,473 13,069 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 Company, the currency risk of $ is considered insignificant as HK$ is pegged to $ and therefore no sensitivity analysis is presented. 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 management of the Company, there is no environmental risk for the Company. E. Inflation risk The Company 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. F. Concentration risk The Company heavily depends on large-scale projects from a select group of customers to generate a substantial portion of its revenue. In the years ended December 2023 and 2022, the top 5 contract assets and retention receivables accounted for 99% 100% 96% 100% The Company notes that this concentration of business with a few customers carries inherent risks. Any disruptions or changes in these projects or with the customers involved could significantly impact the Company’s financial performance. To mitigate this risk, the Company enhances diversification by performing many smaller to medium-scale projects with varied complexities and durations simultaneously. As of the years ended December 2023 and 2022, 10% 11% 1 128,559 The Company believes that the loss of any one customer would not materially affect the Company’s financial position or results of operations, as there are numerous potential customers. Additionally, the Company continues to enhance the diversity of its service line by introducing new products and services.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 16 – 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 2023 2022 2021 December 31, 2023 2022 2021 Due from related parties consist of the following: WANG & LEE BROTHERS., Inc. Due from ultimate holding company 1,286 1,282 1,283 Due from related parties, Total $ 1,286 $ 1,282 $ 1,283 Due to related parties consist of the following: Pui Lung Ho Due to director 1,347,019 1,853,263 1,526,557 Due to related parties, Total $ 1,347,019 $ 1,853,263 $ 1,526,557 For the years ended December 31, 2023, 2022 and 2021, the amounts due to the director, Pui Lung Ho, is $ 1,347,019 1,853,263 1,526,557

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
SUBSEQUENT EVENT	Dec. 31, 2023
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 consolidated 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 consolidated 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, 2023 to the date of May 13, 2024, 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.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2023
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”). 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 Registered Name of Company incorporation Ownership percentage capital WANG & LEE GROUP, Inc. BVI Group Holding Company $ 8,350,002 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 Holdings, a limited company incorporated in the BVI. Principles of consolidation (Continued) On July 2, 2021, the Company acquired WLHK. WLHK was owned 99 1 100
Use of estimates	Use of estimates The preparation of the audited consolidated financial statements in conformity with 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.
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 advance and prepayments to contract costs when the materials are consumed 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 vehicles 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 net 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 less costs to sell.
Lease	Lease In accordance with ASU 2016-02, “Leases” (Topic 842), the Company determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. The Company elected the practical expedients that do not require us to reassess: (1) whether any expired or existing contracts are, or contain, leases, (2) lease classification for any expired or existing leases and (3) initial direct costs for any expired or existing leases. For lease terms of twelve months or fewer, a lessee is permitted to make an accounting policy election not to recognize lease assets and liabilities. The Company also adopted the practical expedient that allows lessees to treat the lease and non-lease components of a lease as a single lease component. Lease terms used to calculate the present value of lease payments generally do not include any options to extend, renew, or terminate the lease, as the Company does not have reasonable certainty at lease inception that these options will be exercised. The Company generally considers the economic life of its operating lease right of use (“ROU”) assets to be comparable to the useful life of similar owned assets. The Company has elected the short-term lease exception, therefore operating lease ROU assets and liabilities do not include leases with a lease term of twelve months or less. Lease expense is recognized on a straight-line basis over the lease term. Operating leases are included in right-of-use assets, operating lease, operating lease liability - current, and operating lease liability - non-current, and finance leases are included in plant and equipment, finance lease liability - current, and finance lease liability - non-current in the consolidated balance sheets. The Company’s management believes the Hong Kong dollar Best Lending Rate (“BLR”) from Hong Kong Monetary Authority was the most indicative rate of the Company’s borrowing cost for the calculation of the present value of the lease payments; the rate used by the Company was 5.88 % .
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 year. Capital accounts are translated at their historical exchange rates when the capital transactions occurred. SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES 2022 2021 2020 For the year ended December 31, 2023 2022 2021 Period Ended HK$: USD exchange rate 7.7785 7.7990 7.7971 Period Average HK$: USD exchange rate 7.7997 7.8298 7.7723 Foreign currency exchange rate
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 when it satisfies a performance obligation by transferring control over a product or service to a customer. A performance obligation is satisfied over time, revenue is recognized by reference to the progress towards complete satisfaction of that performance obligation. Otherwise, revenue is recognized at a point in time when the customer obtains control of the product or service. The Company uses an input method based on contract costs incurred to date compared to total estimated contract costs to measure its progress toward complete satisfaction of the performance obligation. The 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 contract costs 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. The Company set forth payment terms on contracts that require its 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. The Company 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 10 The details of revenue and cost of revenue of the Company is as follows: SCHEDULE OF OF REVENUE AND COST OF REVENUE 2023 2022 2021 December 31, 2023 2022 2021 Contract Revenue $ 6,825,879 $ 4,169,931 4,135,059 Contract Costs 4,385,279 3,384,227 3,275,299 Gross Profit $ 2,440,600 $ 785,704 859,760 Gross Profit Margin 36 % 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:
Accounts receivables, net	Accounts receivables, net Accounts 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 customer’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 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. The expected credit loss methodology applies to account receivables, contract assets, retention receivables and other financial instruments.
Retirement benefits	Retirement benefits Retirement benefits in the form of mandatory 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 and long-term bank loans, 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 and cash equivalents, accounts receivables, other receivables, accounts payables, other payables, short-term and long-term bank 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. ● 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 “ Derivatives and Hedging”
Adoption of new accounting standard	Adoption of new accounting standard Effective January 1, 2023, the Company adopted 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 update will generally result in an entity recognizing contract assets and contract liabilities at amounts consistent with those recorded by the acquiree immediately before the acquisition date rather than at fair value. The new standard was effective on a prospective basis for fiscal years beginning after December 15, 2022, with early adoption permitted. The adoption of this standard did not have an impact on the consolidated financial statements.
Recent accounting pronouncements	Recent accounting pronouncements In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which requires public entities to disclose expanded information about their reportable segment(s)’ significant expenses and other segment items on an interim and annual basis. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The ASU is required to be applied retrospectively to all prior periods presented in the financial statements once adopted. The Company is evaluating the disclosure requirements related to the new standard. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which requires public entities to disclose specific tax rate reconciliation categories, as well as income taxes paid disaggregated by jurisdiction, amongst other disclosure enhancements. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2024, with early adoption permitted. The ASU can be adopted on a prospective or retrospective basis. The Company is evaluating the disclosure requirements related to the new standard. The Company has considered all other recently issued accounting pronouncements and does not believe that the adoption of such pronouncements will have a material impact on the consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2023
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 Registered Name of Company incorporation Ownership percentage capital WANG & LEE GROUP, Inc. BVI Group Holding Company $ 8,350,002 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 vehicles 5
SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES	SCHEDULE OF HISTORICAL FOREIGN CURRENCY EXCHANGE RATES 2022 2021 2020 For the year ended December 31, 2023 2022 2021 Period Ended HK$: USD exchange rate 7.7785 7.7990 7.7971 Period Average HK$: USD exchange rate 7.7997 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 2023 2022 2021 December 31, 2023 2022 2021 Contract Revenue $ 6,825,879 $ 4,169,931 4,135,059 Contract Costs 4,385,279 3,384,227 3,275,299 Gross Profit $ 2,440,600 $ 785,704 859,760 Gross Profit Margin 36 % 19 % 21 %

ACCOUNTS (Tables)

ACCOUNTS (Tables)	12 Months Ended
ACCOUNTS (Tables)	Dec. 31, 2023
Credit Loss [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	Account s SCHEDULE OF ACCOUNTS RECEIVABLE 2023 2022 December 31, 2023 2022 Accounts receivables $ 4,186,536 $ 1,104,187 Less: allowance for expected credit loss (189,069 ) (35,900 ) Total $ 3,997,467 $ 1,068,287
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, 2023 2022 Balance at beginning of the year $ (35,900 ) $ (8,173 ) Provision for the year (153,074 ) (27,619 ) Exchange adjustment (95 ) (108 ) Ending balance $ (189,069 ) $ (35,900 )

CONTRACT ASSETS, NET (Tables)

CONTRACT ASSETS, NET (Tables)	12 Months Ended
CONTRACT ASSETS, NET (Tables)	Dec. 31, 2023
Contract Assets Net
SCHEDULE OF CONTRACT ASSETS	Contract assets, net consist of the following: SCHEDULE OF CONTRACT ASSETS 2023 2022 December 31, 2023 2022 Contract assets Balance at the beginning of the year $ 1,037,458 $ 943,369 Additions 2,184,620 797,302 Changes due to billings (1,507,860 ) (804,156 ) Allowance for expected credit loss and bad debt written-off (67,861 ) 100,486 Exchange adjustment 4,393 457 Balance at the end of the year $ 1,650,750 $ 1,037,458
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 2023 2022 December 31, 2023 2022 Balance at the beginning of the year $ (8,054 ) $ (108,965 ) Provision for the year (67,861 ) (3,628 ) Bad debt written-off - 104,114 Exchange adjustment (206 ) 425 Balance at the end of the year $ (76,121 ) $ (8,054 )

RETENTION RECEIVABLES, NET (Tab

RETENTION RECEIVABLES, NET (Tables)	12 Months Ended
RETENTION RECEIVABLES, NET (Tables)	Dec. 31, 2023
Retention Receivables Net
SCHEDULE OF RETENTION RECEIVABLES	Retention receivables, net consist of the following: SCHEDULE OF RETENTION RECEIVABLES 2023 2022 December 31, 2023 2022 Retention receivables – current $ 117,514 $ 2,237 Less: allowance for expected credit loss (21 ) (21 ) Retention receivables current net $ 117,493 $ 2,216 Retention receivables – non-current $ 222,242 $ 221,658 Less: allowance for expected credit loss (2,064 ) (2,059 ) Retention receivables non-current net $ 220,178 $ 219,599
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 2023 2022 December 31, 2023 2022 Balance at the beginning of the year $ (2,080 ) $ - (Provision) Reversal of provision for the year - (2,071 ) Exchange adjustment (5 ) (9 ) Balance at the end of the year $ (2,085 ) $ (2,080 )

PLANT AND EQUIPMENT, NET (Table

PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
PLANT AND EQUIPMENT, NET (Tables)	Dec. 31, 2023
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 2023 2022 December 31, 2023 2022 At cost: Furniture and fixtures $ 3,184 $ 3,176 Equipment 28,155 28,083 Motor vehicles 100,084 27,809 Property, plant and equipment, gross 131,423 59,068 Less: accumulated depreciation (65,858 ) (57,256 ) Total $ 65,565 $ 1,812

LEASES (Tables)

LEASES (Tables)	12 Months Ended
LEASES (Tables)	Dec. 31, 2023
Leases
SCHEDULE OF LEASE LIABILITIES	SCHEDULE OF LEASE LIABILITIES 2023 2022 December 31, 2023 2022 Operating lease liability – current portion $ 113,220 $ - Operating lease liability – non-current portion 89,251 - Total $ 202,471 $ -
SCHEDULE OF OTHER LEASE INFORMATION	Other lease information is as follows: SCHEDULE OF OTHER LEASE INFORMATION December 31, 2023 2022 Weighted-average remaining lease term – operating leases 21.5 - Weighted-average discount rate – operating leases 5.88 % -
SCHEDULE OF FUTURE MINIMUM PAYMENTS UNDER OPERATING LEASES	The following is a schedule of future minimum payments under operating leases as of December 31: SCHEDULE OF FUTURE MINIMUM PAYMENTS UNDER OPERATING LEASES December 31, Less than 1 year 116,796 More than 1 year 96,484 Total lease payments 213,280 Less: discount (10,809 ) Total operating lease liability, net of interest 202,471
SCHEDULE OF MATURITIES OF FINANCE LEASE LIABILITIES	As of December 31, 2023 and 2022, the maturities of finance lease liabilities were as follows: SCHEDULE OF MATURITIES OF FINANCE LEASE LIABILITIES 2023 2022 December 31, Representing: 2023 2022 Less than 1 year $ 12,946 $ - More than 1 year 38,839 - Total undiscounted lease payments $ 51,785 $ - Less: discount $ (6,058 ) $ - Present value of finance lease liabilities $ 45,727 $ - 2023 2022 December 31, Representing: 2023 2022 Current liability $ 10,319 $ - Non-current liability 35,408 - Total $ 45,727 $ -

CONTRACT LIABILITIES (Tables)

CONTRACT LIABILITIES (Tables)	12 Months Ended
CONTRACT LIABILITIES (Tables)	Dec. 31, 2023
Contract Liabilities
SCHEDULE OF CONTRACT LIABILITIES	Contract liabilities consist of the following: SCHEDULE OF CONTRACT LIABILITIES 2023 2022 December 31, 2023 2022 Balance at beginning of year $ 867,132 $ 227,371 Additions 847,945 664,259 Recognized to revenue during the year (721,180 ) (26,962 ) Exchange adjustment 2,629 2,464 Balance at end of year $ 996,526 $ 867,132

SHORT-TERM AND LONG-TERM BANK_2

SHORT-TERM AND LONG-TERM BANK LOANS (Tables)	12 Months Ended
SHORT-TERM AND LONG-TERM BANK LOANS (Tables)	Dec. 31, 2023
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 Provider Facilities Interest Limits Utilized as of 2023 2022 2021 August 23, 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) Revolving loan 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 102,736 99,640 16,655 - Long-term loan portion 552,518 653,185 752,859 August 1, 2022 BEA General banking facilities 641,109 (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% 171,270 99,020 (ii) Revolving loan Higher of HIBOR +3% or Prime rate -0.5% 257,516 256,443 (iii) Bank overdraft Higher of HIBOR +3% or Prime rate - - July 4, 2023 BEA General banking facilities 642,797 (i) Invoice financing loan Higher of HIBOR +2.5% or Prime rate -1% 175,430 - (ii) Revolving loan Higher of HIBOR +3% or Prime rate -0.5% 257,119 - (iii) Bank overdraft Higher of HIBOR +3% or Prime rate 11,861 - July 10, 2023 Shanghai Commercial Bank (“SHCB”) Revolving Loan “HKD) Prime Rate -0.75% USD) Prime Rate -1.75%” 642,797 601,916 - June 2, 2023 Mercedes-Benz Financial Services Hong Kong Ltd. Obligation from finance lease for motor vehicle 2.680% 57,082 - Short-term loan portion 10,319 - - Long-term loan portion 35,408 -

PROVISION FOR INCOME TAXES (Tab

PROVISION FOR INCOME TAXES (Tables)	12 Months Ended
PROVISION FOR INCOME TAXES (Tables)	Dec. 31, 2023
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, 2023, 2022 and 2021. SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES 2023 2022 2021 December 31, 2023 2022 2021 Income before tax $ (648,854 ) $ (596,881 ) $ (354,743 ) HK SAR Profits Tax at 16.5 (107,060 ) (98,485 ) (58,533 ) Tax effect on non-deductible expenses 1,196,640 54,664 476,534 Tax effect on deductible temporary differences (122 ) (122 ) (139 ) Tax effect on tax loss not recognized - 43,943 - Tax effect on utilization of tax losses (1,089,458 ) - (417,862 ) Income tax $ - $ - $ -
SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE	The Company’s effective tax rate was as follows as of December 31, 2023, 2022 and 2021: SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE 2023 2022 2021 December 31, 2023 2022 2021 HK SAR Profits Tax at 16.5 16.5 % 16.5 % 16.5 % Tax effect of income not taxable (16.5 )% (16.5 )% (16.5 )% The Company’s effective tax rate 0 % 0 % 0 %

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	12 Months Ended
CONCENTRATIONS OF RISK (Tables)	Dec. 31, 2023
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 gross carrying amount of December 31, 2023 and 2022. SCHEDULE OF CONCENTRATIONS RISK Customers 31-Dec-2 3 31-Dec-22 Amount $ % Amount $ % A 1,104,595 64 103,693 10 B 208,206 12 207,659 20 C 206,913 12 - - D 129,337 7 128,997 12 E 8,048 1 - - F - - 357,853 34 G - - 205,616 20
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 gross carrying amount as of December 31, 2023 and 2022. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers December 31, 2023 December 31, 2022 Amount $ % Amount $ % A 121,130 36 5,845 3 B 118,918 35 118,605 53 C 87,652 26 87,421 39 D 9,813 2 9,787 4 E 2,243 1 2,237 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, 2023, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Customers 31-Dec-23 31-Dec-22 31-Dec-21 Amount $ % Amount $ % Amount $ % A 4,003,100 58 2,023,154 49 - - B 2,029,487 30 155,649 4 - - C 483,285 7 - - - - D 132,387 2 - - - - E 33,335 1 - - - - F - - 636,467 15 - - G - - 490,940 12 1,313,901 32 H - - 356,516 9 1,367,752 33 I - - - - 476,884 12 J - - - - 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 accounts receivables gross carrying amounts as of December 31, 2023 and 2022. For the years ended Customers December 31, 2023 December 31, 2022 Amount $ % Amount $ % A 3,520,014 84 641,109 58 B 424,761 10 52,571 5 C 132,748 3 - - D 39,367 1 135,430 12 E 20,776 1 158,047 14 F - - 35,319 3
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, 2023, 2022 and 2021. SCHEDULE OF CONCENTRATIONS RISK For the years ended Suppliers December 31, 2023 December 31, 2022 December 31, 2021 Amount $ % Amount $ % Amount $ % A 1,242,479 28 - - - - B 407,880 9 513,533 16 315,760 10 C 239,673 5 - - - - D 223,995 5 - - 234,358 7 E 163,748 4 - - - - F - - 383,152 12 - - G - - 255,586 8 - - H - - 252,014 8 - - I - - 222,456 7 - - J - - - - 361,030 11 K - - - - 293,494 9 L - - - - 214,423 7

CONTRACT REVENUES AND CONTRAC_2

CONTRACT REVENUES AND CONTRACT COSTS (Tables)	12 Months Ended
CONTRACT REVENUES AND CONTRACT COSTS (Tables)	Dec. 31, 2023
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 2023 2022 2021 December 31, Total contract revenues as of 2023 2022 2021 Low voltage electrical system $ 3,832,334 $ 1,028,162 $ 2,628,625 MVAC systems 328,373 502,556 299,985 Out-fitting 2,594,828 1,998,726 1,103,692 Water supply and sewage disposal system installation 20,822 288,480 71,516 Fire safety system 49,522 352,007 31,241 Total Contract Revenues $ 6,825,879 $ 4,169,931 $ 4,135,059 Total contract costs as of 2023 2022 2021 December 31, Total contract costs as of 2023 2022 2021 Low voltage electrical system $ 3,309,315 $ 898,100 $ 2,235,698 MVAC systems 240,158 462,400 262,322 Out-fitting 794,573 1,562,551 701,688 Water supply and sewage disposal system installation 8,504 205,693 52,320 Fire safety system 32,729 255,483 23,271 Total Contract Costs $ 4,385,279 $ 3,384,227 $ 3,275,299

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Dec. 31, 2023
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 2023 2022 2021 December 31, 2023 2022 2021 Due from related parties consist of the following: WANG & LEE BROTHERS., Inc. Due from ultimate holding company 1,286 1,282 1,283 Due from related parties, Total $ 1,286 $ 1,282 $ 1,283 Due to related parties consist of the following: Pui Lung Ho Due to director 1,347,019 1,853,263 1,526,557 Due to related parties, Total $ 1,347,019 $ 1,853,263 $ 1,526,557

ORGANIZATION AND PRINCIPAL AC_2

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Income (Loss) Attributable to Parent	$ 648,854	$ 596,881	$ 354,743
Retained Earnings (Accumulated Deficit)	2,870,676	2,221,822
Net Cash Provided by (Used in) Operating Activities	3,814,384	352,764	482,801
Proceeds from initial public offering	8,350,000
[custom:WorkingCapitalDeficit-0]	$ 6,193,533

SCHEDULE OF COMPANY ENTITIES EQ

SCHEDULE OF COMPANY ENTITIES EQUITY METHOD INVESTMENTS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Jul. 02, 2021
Registered capital	$ 503,225	$ 503,225
Wang And Lee Group Inc [Member]
Ownership percentage	Group Holding Company
Registered capital	$ 8,350,002
Ownership percentage			100%
Wang And Lee Holdings Inc [Member]
Registered capital	$ 100
Ownership percentage	100%
Wang And Lee Contracting Limited [Member]
Registered capital	$ 503,225
Ownership percentage	100%

SCHEDULE OF ESTIMATED USEFUL LI

SCHEDULE OF ESTIMATED USEFUL LIVES OF THE PLAN AND EQUIPMENT (Details)	Dec. 31, 2023
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, 2023	Dec. 31, 2022	Dec. 31, 2021
Period End H K Exchnage Rate [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate	7.7785	7.7990	7.7971
Period Average H K Exchnage Rate [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate	7.7997	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, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Contract Revenue	$ 6,825,879	$ 4,169,931	$ 4,135,059
Contract Costs	4,385,279	3,384,227	3,275,299
Gross profit	$ 2,440,600	$ 785,704	$ 859,760
Gross Profit Margin	36%	19%	21%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Dec. 31, 2023	Jul. 02, 2021
Property, Plant and Equipment [Line Items]
Salvage value in percentage	0%
Short-Term Debt, Percentage Bearing Variable Interest Rate	5.88%
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, 2023	Dec. 31, 2022	Dec. 31, 2021
Credit Loss [Abstract]
Accounts receivables	$ 4,186,536	$ 1,104,187
Less: allowance for expected credit loss	(189,069)	(35,900)	$ (8,173)
Total	$ 3,997,467	$ 1,068,287

SCHEDULE OF ALLOWANCES FOR EXPE

SCHEDULE OF ALLOWANCES FOR EXPECTED CREDIT LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Credit Loss [Abstract]
Allowances for expected credit loss, beginning balance	$ (35,900)	$ (8,173)
Allowances for expected credit loss, beginning balance	(153,074)	(27,619)
Allowances for expected credit loss, beginning balance	(95)	(108)
Allowances for expected credit loss, beginning balance	$ (189,069)	$ (35,900)

SCHEDULE OF CONTRACT ASSETS (De

SCHEDULE OF CONTRACT ASSETS (Details) - USD ($)	12 Months Ended
SCHEDULE OF CONTRACT ASSETS (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Contract Assets Net
Balance at the beginning of the year	$ 1,037,458	$ 943,369
Additions	2,184,620	797,302
Changes due to billings	(1,507,860)	(804,156)
Allowance for expected credit loss and bad debt written-off	(67,861)	100,486
Exchange adjustment	4,393	457
Balance at the end of the year	$ 1,650,750	$ 1,037,458

SCHEDULE OF CONTRACT ASSETS ALL

SCHEDULE OF CONTRACT ASSETS ALLOWANCES FOR EXPECTED CREDIT LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Contract Assets Net
Balance at the beginning of the year	$ (8,054)	$ (108,965)
Provision for the year	(67,861)	(3,628)
Bad debt written-off		104,114
Exchange adjustment	(206)	425
Balance at the end of the year	$ (76,121)	$ (8,054)

SCHEDULE OF RETENTION RECEIVABL

SCHEDULE OF RETENTION RECEIVABLES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Retention Receivables Net
Retention receivables – current	$ 117,514	$ 2,237
Less: allowance for expected credit loss	(21)	(21)
Retention receivables current net	117,493	2,216
Retention receivables – non-current	222,242	221,658
Less: allowance for expected credit loss	(2,064)	(2,059)
Retention receivables non-current net	$ 220,178	$ 219,599

SCHEDULE OF RETENTION RECEIVA_2

SCHEDULE OF RETENTION RECEIVABLES ALLOWANCES FOR EXPECTED CREDIT LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Retention Receivables Net
Balance at the beginning of the year	$ (2,080)
(Provision) Reversal of provision for the year		(2,071)
Exchange adjustment	(5)	(9)
Balance at the end of the year	$ (2,085)	$ (2,080)

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT, NET (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 131,423	$ 59,068
Less: accumulated depreciation	(65,858)	(57,256)
Total	65,565	1,812
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,184	3,176
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	28,155	28,083
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 100,084	$ 27,809

PLANT AND EQUIPMENT, NET (Detai

PLANT AND EQUIPMENT, NET (Details Narrative) - USD ($)	12 Months Ended
PLANT AND EQUIPMENT, NET (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Depreciation expense	$ 1,228	$ 2,603	$ 3,629
Finance lease obligation	64,982
Finance Lease [Member]
Depreciation expense	7,201
Other Assets [Member]
Depreciation expense	$ 1,228	$ 2,603	$ 3,629

SCHEDULE OF LEASE LIABILITIES (

SCHEDULE OF LEASE LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Leases
Operating lease liability – current portion	$ 113,220
Operating lease liability – non-current portion	89,251
Total	$ 202,471

SCHEDULE OF OTHER LEASE INFORMA

SCHEDULE OF OTHER LEASE INFORMATION (Details)	Dec. 31, 2023
Leases
Weighted average remaining lease term, operating leases	21 months 15 days
Weighted average discount rate, operating leases	5.88%

SCHEDULE OF FUTURE MINIMUM PAYM

SCHEDULE OF FUTURE MINIMUM PAYMENTS UNDER OPERATING LEASES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Leases
Less than 1 year	$ 116,796
More than 1 year	96,484
Total lease payments	213,280
Less: discount	(10,809)
Total operating lease liability, net of interest	$ 202,471

SCHEDULE OF MATURITIES OF FINAN

SCHEDULE OF MATURITIES OF FINANCE LEASE LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Leases
Less than 1 year	$ 12,946
More than 1 year	38,839
Total undiscounted lease payments	51,785
Less: discount	(6,058)
Present value of finance lease liabilities	45,727
Current liability	10,319
Non-current liability	35,408
Total	$ 45,727

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	12 Months Ended
LEASES (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases
Right of use asset lease liability	$ 230,875
Lease payments percentage	5.88%
Operating right-of-use assets	$ 206,826
Operating right-of-use assets	202,471
Operation lease expenses	$ 62,714	$ 81,151	$ 34,739

SCHEDULE OF CONTRACT LIABILITIE

SCHEDULE OF CONTRACT LIABILITIES (Details) - USD ($)	12 Months Ended
SCHEDULE OF CONTRACT LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Contract Liabilities
Balance at beginning of year	$ 867,132	$ 227,371
Additions	847,945	664,259
Recognized to revenue during the year	(721,180)	(26,962)
Exchange adjustment	2,629	2,464
Balance at end of year	$ 996,526	$ 867,132

SCHEDULE OF SHORT TERM DEBT (De

SCHEDULE OF SHORT TERM DEBT (Details)	12 Months Ended
SCHEDULE OF SHORT TERM DEBT (Details)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 HKD ($)	Dec. 31, 2022 USD ($)
Line of Credit Facility [Line Items]
Short-term loan portion	$ 1,149,062		$ 455,103
Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits		$ 6,000,000	771,357
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	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
August 23, 2021 [Member] \| Invoice Financing Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +2.5% or Prime rate -1%	Higher of HIBOR +2.5% or Prime rate -1%
September 27, 2021 [Member]
Line of Credit Facility [Line Items]
Short-term loan portion	$ 102,736		99,640
Long-term loan portion	552,518		653,185
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%	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	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 facility, interest rate	Higher of HIBOR +2.5% or Prime rate -1%	Higher of HIBOR +2.5% or Prime rate -1%
Line of credit	$ 171,270		99,020
August 1, 2022 [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +3% or Prime rate -0.5%	Higher of HIBOR +3% or Prime rate -0.5%
Line of credit	$ 257,516		$ 256,443
July 04, 2023 [Member] \| Bank Overdrafts [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +3% or Prime rate	Higher of HIBOR +3% or Prime rate
July 04, 2023 [Member] \| General Banking Facilities [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits	$ 642,797
July 04, 2023 [Member] \| Invoice Financing Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +2.5% or Prime rate -1%	Higher of HIBOR +2.5% or Prime rate -1%
Line of credit	$ 175,430
July 04, 2023 [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate	Higher of HIBOR +3% or Prime rate -0.5%	Higher of HIBOR +3% or Prime rate -0.5%
Line of credit	$ 257,119
July 04, 2023 [Member] \| Bank Overdraft [Member]
Line of Credit Facility [Line Items]
Line of credit	11,861
July Ten Twenty Twenty Three [Member] \| General Banking Facilities [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits	642,797
July Ten Twenty Twenty Three [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit	601,916
June Two Twenty Twenty Three [Member] \| General Banking Facilities [Member]
Line of Credit Facility [Line Items]
Line of credit facility, Limits	57,082
June Two Twenty Twenty Three [Member] \| Short Term Loan Portion [Member]
Line of Credit Facility [Line Items]
Line of credit	10,319
June Two Twenty Twenty Three [Member] \| Long Term Loan Portion [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 35,408

SHORT-TERM AND LONG-TERM BANK_3

SHORT-TERM AND LONG-TERM BANK LOANS (Details Narrative)	12 Months Ended
SHORT-TERM AND LONG-TERM BANK LOANS (Details Narrative)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 HKD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 HKD ($)	Jul. 10, 2023 USD ($)	Jul. 10, 2023 HKD ($)
Debt Instrument [Line Items]
Interest rate	5.88%				5.88%
Borrowings	$ 58,410		$ 35,377	$ 13,312
Collateralized Financings						$ 642,797	$ 5,000,000
Director [Member]
Debt Instrument [Line Items]
Line of credit facility, limits	642,797	$ 5,000,000
Collateralized Financings	$ 385,678				$ 3,000,000
Non-Revolving Term Loan Under SME Financing Guarantee Scheme [Member]
Debt Instrument [Line Items]
Interest rate	2.50%		2.50%		2.50%
Line of credit facility, limits		$ 6,000,000	$ 771,357
Repayable amount	$ 552,518		$ 653,185	$ 752,859
Below Prime Rate [Member]
Debt Instrument [Line Items]
Interest rate	0.75%				0.75%
Below USD Prime Rate [Member]
Debt Instrument [Line Items]
Interest rate	1.75%				1.75%
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 ($)						12 Months Ended
EQUITY (Details Narrative) - USD ($)	Nov. 03, 2023	May 01, 2023	Apr. 24, 2023	Apr. 20, 2023	Mar. 20, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsidiary, Sale of Stock [Line Items]
Ordinary shares					1,400,000	15,093,847	12,000,000
Common Stock, Value, Outstanding						$ 8,350,002	$ 2
Ordinary stock, price per share					$ 0.25
Gross proceeds					$ 350,000
Initial public offering gross proceeds						$ 8,350,000
Cashless exercise of warrant shares		96,331
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Forfeitures and Expirations	2,484
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of stock				1,600,000
Sale of stock, price per share				$ 5
Initial public offering gross proceeds			$ 8,000,000

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details Narrative)	Dec. 31, 2023
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 ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Income Tax Disclosure [Abstract]
Income before tax		$ (648,854)	$ (596,881)	$ (354,743)
HK SAR Profits Tax at 16.5%		(107,060)	(98,485)	(58,533)
Tax effect on non-deductible expenses		1,196,640	54,664	476,534
Tax effect on deductible temporary differences		(122)	(122)	(139)
Tax effect on tax loss not recognized			43,943
Tax effect on utilization of tax losses	$ 2	(1,089,458)		(417,862)
Income tax

SCHEDULE OF STATUTORY AND EFF_2

SCHEDULE OF STATUTORY AND EFFECTIVE TAX EXPENSES (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	16.50%	16.50%	16.50%

SCHEDULE OF STATUTORY AND EFF_3

SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE (Details)	12 Months Ended
SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE (Details)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
HK SAR Profits Tax at 16.5%	16.50%	16.50%	16.50%
Tax effect of income not taxable	(16.50%)	(16.50%)	(16.50%)
The Company’s effective tax rate	0%	0%	0%

SCHEDULE OF STATUTORY AND EFF_4

SCHEDULE OF STATUTORY AND EFFECTIVE TAX RATE (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	16.50%	16.50%	16.50%

PROVISION FOR INCOME TAXES (Det

PROVISION FOR INCOME TAXES (Details Narrative) $ in Millions		12 Months Ended
	Mar. 21, 2018 HKD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Estimated assessable profits	$ 2	$ (1,089,458)		$ (417,862)
Profit tax rates	8.25%
Flat tax rate percent	16.50%
Maximum [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Estimated assessable profits	$ 2
Profit tax rates	16.50%

SCHEDULE OF CONCENTRATIONS RISK

SCHEDULE OF CONCENTRATIONS RISK (Details) - USD ($)	12 Months Ended
SCHEDULE OF CONCENTRATIONS RISK (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Revenues	$ 6,825,879	$ 4,169,931	$ 4,135,059
Customer A [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 1,104,595	$ 103,693
Customer assets percentage	64%	10%
Customer A [Member] \| Retention Receivables Concentration [Member] \| Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 121,130	$ 5,845
Customer assets percentage	36%	3%
Customer A [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 4,003,100	$ 2,023,154
Customer assets percentage	58%	49%
Customer A [Member] \| Customer Concentrations [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 3,520,014	$ 641,109
Customer assets percentage	84%	58%
Customer A [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 1,242,479
Customer assets percentage	28%
Customer B [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 208,206	$ 207,659
Customer assets percentage	12%	20%
Customer B [Member] \| Retention Receivables Concentration [Member] \| Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 118,918	$ 118,605
Customer assets percentage	35%	53%
Customer B [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 2,029,487	$ 155,649
Customer assets percentage	30%	4%
Customer B [Member] \| Customer Concentrations [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 424,761	$ 52,571
Customer assets percentage	10%	5%
Customer B [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 407,880	$ 513,533	$ 315,760
Customer assets percentage	9%	16%	10%
Customer C [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 206,913
Customer assets percentage	12%
Customer C [Member] \| Retention Receivables Concentration [Member] \| Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 87,652	$ 87,421
Customer assets percentage	26%	39%
Customer C [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 483,285
Customer assets percentage	7%
Customer C [Member] \| Customer Concentrations [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 132,748
Customer assets percentage	3%
Customer C [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 239,673
Customer assets percentage	5%
Customer D [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 129,337	$ 128,997
Customer assets percentage	7%	12%
Customer D [Member] \| Retention Receivables Concentration [Member] \| Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 9,813	$ 9,787
Customer assets percentage	2%	4%
Customer D [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 132,387
Customer assets percentage	2%
Customer D [Member] \| Customer Concentrations [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 39,367	$ 135,430
Customer assets percentage	1%	12%
Customer D [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 223,995		$ 234,358
Customer assets percentage	5%		7%
Customer E [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues	$ 8,048
Customer assets percentage	1%
Customer E [Member] \| Retention Receivables Concentration [Member] \| Retention Receivables [Member]
Concentration Risk [Line Items]
Revenues	$ 2,243	$ 2,237
Customer assets percentage	1%	1%
Customer E [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 33,335
Customer assets percentage	1%
Customer E [Member] \| Customer Concentrations [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues	$ 20,776	$ 158,047
Customer assets percentage	1%	14%
Customer E [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues	$ 163,748
Customer assets percentage	4%
Customer F [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues		$ 357,853
Customer assets percentage		34%
Customer F [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 636,467
Customer assets percentage		15%
Customer F [Member] \| Customer Concentrations [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Revenues		$ 35,319
Customer assets percentage		3%
Customer F [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 383,152
Customer assets percentage		12%
Customer G [Member] \| Customer Assets Concentrations [Member] \| Contract Assets [Member]
Concentration Risk [Line Items]
Revenues		$ 205,616
Customer assets percentage		20%
Customer G [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 490,940	$ 1,313,901
Customer assets percentage		12%	32%
Customer G [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 255,586
Customer assets percentage		8%
Customer H [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 356,516	$ 1,367,752
Customer assets percentage		9%	33%
Customer H [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 252,014
Customer assets percentage		8%
Customer I [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues			$ 476,884
Customer assets percentage			12%
Customer I [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues		$ 222,456
Customer assets percentage		7%
Customer J [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues			$ 264,558
Customer assets percentage			6%
Customer J [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues			$ 361,030
Customer assets percentage			11%
Customer K [Member] \| Customer Concentrations [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues			$ 201,190
Customer assets percentage			5%
Customer K [Member] \| Supplier Concentration Risk [Member] \| Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenues			$ 293,494
Customer assets percentage			9%
Customer L [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, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total Contract Revenues	$ 6,825,879	$ 4,169,931	$ 4,135,059
Total Contract Costs	4,385,279	3,384,227	3,275,299
Low Voltage Electrical System [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	3,832,334	1,028,162	2,628,625
Total Contract Costs	3,309,315	898,100	2,235,698
MVAC Systems [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	328,373	502,556	299,985
Total Contract Costs	240,158	462,400	262,322
Outfitting [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	2,594,828	1,998,726	1,103,692
Total Contract Costs	794,573	1,562,551	701,688
Water Supply And Sewage Disposal System Installation [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	20,822	288,480	71,516
Total Contract Costs	8,504	205,693	52,320
Fire Safety System [Member]
Disaggregation of Revenue [Line Items]
Total Contract Revenues	49,522	352,007	31,241
Total Contract Costs	$ 32,729	$ 255,483	$ 23,271

RISKS (Details Narrative)

RISKS (Details Narrative) $ in Millions	12 Months Ended
RISKS (Details Narrative) $ in Millions	Dec. 31, 2023 USD ($)	Dec. 31, 2023 HKD ($)	Dec. 31, 2022 USD ($)
Product Information [Line Items]
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure	$ 128,559	$ 1
Allowance for credit loss	$ 0		$ 0
Effective interest rate decreased percentage	2%
Variable interest rate	1%	1%
Post tax profit	$ 17,473		13,069
Accounts Receivable [Member]
Product Information [Line Items]
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure	3,997,467		1,068,287
Revenue from Contract with Customer Benchmark [Member]
Product Information [Line Items]
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure	$ 1,650,750		$ 1,037,458
Top Five Contract Assets [Member] \| Customer [Member] \| Customer Assets Concentrations [Member]
Product Information [Line Items]
Concentration risk percentage	99%	99%	96%
Retention Receivables [Member] \| Customer [Member] \| Retention Receivables Concentration [Member]
Product Information [Line Items]
Concentration risk percentage	100%	100%	100%
Contract Assets [Member] \| Customer [Member] \| Customer Assets Concentrations [Member]
Product Information [Line Items]
Concentration risk percentage	10%	10%	11%

SCHEDULE OF AMOUNT DUE FROM AND

SCHEDULE OF AMOUNT DUE FROM AND DUE TO RELATED PARTIES (Details) - USD ($)	Dec. 31, 2023	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	$ 1,286	$ 1,282	$ 1,283
Due to related parties, Total	1,347,019	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	1,286	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	$ 1,347,019	$ 1,853,263	$ 1,526,557

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Due to related parties	$ 1,347,019	$ 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	$ 1,347,019	$ 1,853,263	$ 1,526,557