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Document and Entity Information - shares
3 Months Ended
Mar. 31, 2017
May 22, 2017
Document And Entity Information    
Entity Registrant Name Vitaxel Group Ltd  
Entity Central Index Key 0001623590  
Document Type 10-Q  
Trading Symbol VXEL  
Document Period End Date Mar. 31, 2017  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Entity a Well-known Seasoned Issuer No  
Entity a Voluntary Filer No  
Entity's Reporting Status Current Yes  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   5,408,754,000
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2017  
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 90,421 $ 105,432
Accounts receivable 1,944
Prepayment 5,685 5,070
Amount due from related parties 27,453 27,082
Amount due to an associated company 40,957
Due from director 5,133 5,427
Inventories 37,331 53,913
Other receivables and other assets 40,058 21,978
Total Current Assets 247,038 220,846
NON-CURRENT ASSETS    
Property, plant and equipment, net 200,618 194,669
Total Non-Current Assets 200,618 194,669
TOTAL ASSETS 447,656 415,515
CURRENT LIABILITIES    
Amounts due to related parties 817,877 632,239
Amounts due to an associated company 279,219
Due to Director 59,617
Commission payables 159,417 115,915
Accounts payable 2,197 8,251
Accrued expense and other payables 610,778 446,487
Total Current Liabilities 1,649,886 1,482,111
NON-CURRENT LIABILITY    
Deferred tax liability
TOTAL LIABILITIES 1,649,886 1,482,111
STOCKHOLDERS' EQUITY    
Common stock par value $0.000001: 99,975,000,000 shares authorized; 5,098,725,000 and 5,098,725,000 shares issued and outstanding, respectively 5,099 5,099
Additional paid-in capital 1,340,504 1,340,504
Accumulated deficit (2,870,496) (2,639,138)
Accumulated other comprehensive income 322,663 226,939
Total Stockholders' Equity (1,202,230) (1,066,596)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 447,656 $ 415,515
CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares
Mar. 31, 2017
Dec. 31, 2016
Statement of Financial Position [Abstract]    
Common stock, par value (in dollars per share) $ 0.000001 $ 0.000001
Common stock, authorized 99,975,000,000 99,975,000,000
Common stock, issued 5,098,725,000 5,098,725,000
Common stock, outstanding 5,098,725,000 5,098,725,000
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
REVENUE $ 445,178 $ 860,240
COST OF REVENUE (135,589) (555,088)
GROSS PROFIT 309,589 305,152
OPERATING EXPENSES    
Selling expense (101) (867)
General and administrative expenses (527,060) (357,754)
Total Operating Expenses (527,161) (358,621)
LOSS FROM OPERATIONS (217,572) (53,469)
OTHER INCOME/(EXPENSE), NET    
Other Income 10,240 56,750
Other Expense (80) (313)
Total Other Income / (Expense), net 10,160 56,437
INCOME/(LOSS) BEFORE TAXES (207,412) 2,968
Income tax expense
Net Income/(Loss) (207,412) 2,968
OTHER COMPREHENSIVE (LOSS)/INCOME    
Foreign currency translation adjustment 95,724 (105,825)
TOTAL COMPREHENSIVE (LOSS) $ (111,688) $ (102,857)
Weighted average number of common shares outstanding - basic and diluted 5,408,754,000 4,936,470,492
Net loss per share - basic and diluted $ 0.00 $ 0.00
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (207,412) $ 2,968
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation - property, plant and equipment 6,125 5,000
Changes in operating assets and liabilities    
Accounts receivable 1,944
Prepayment (615) (1,230)
Other receivables and other assets (15,673) (8,339)
Inventories 16,582 (11,783)
Accounts Payable (6,054)
Commission payables 43,502 124,293
Other payables and accrued expenses 93,768 298,675
Tax payable 24,298
Net cash (used in) generated from operating activities (67,833) 433,882
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (12,074) (93,048)
Net cash used in investing activities (12,074) (93,048)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from directors 59,617 25,641
(Repayments) Proceeds from related parties (93,581) 202,797
Amount due to directors 294
Amount due from related parties 27,082
Net cash provided by (used in) financing activities (6,588) 228,438
EFFECT OF EXCHANGE RATES ON CASH 71,484 (105,825)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (15,011) 463,447
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 105,432 303,794
CASH AND CASH EQUIVALENTS AT END OF YEAR 90,421 767,241
SUPPLEMENTAL OF CASH FLOW INFORMATION    
Cash paid for interest expenses
Cash paid for income tax
ORGANIZATION AND BUSINESS
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ORGANIZATION AND BUSINESS
1. ORGANIZATION AND BUSINESS

 

Vitaxel Group Limited (formerly Albero,Corp., the “Company”), incorporated in Nevada, is engaged in direct selling industry and online shopping platform primarilythrough its operating entities in Malaysia.

 

Vitaxel SDN BHD ("Vitaxel"),was incorporated in Malaysia on August 10, 2012. The Company is primarily engaged in the direct selling industry utilizing a multi-levelmarketing model with an emphasis on travel, entertainment and lifestyle products and services.

 

Vitaxel Online Mall SBN BHD ("Vionmall"),was incorporated in Malaysia on September 22, 2016. The Company is primarily in developing online shopping platforms geared toVitaxel and its members and the third party suppliers of products and services.

 

Vitaxel Singapore PTE. Ltd. (“VitaxelSingapore”) was incorporated in Singapore on February 16, 2016.

 

REVERSE ACQUISITION

 

On January 18, 2016, the Companycompleted and closed a share exchange (the “Share Exchange”) under a Share Exchange Agreement (the “Share ExchangeAgreement”) of the same date among us, Vitaxel SDN BHD, a Malaysian corporation (“Vitaxel”), the shareholdersof Vitaxel, Vitaxel Online Mall SBN BHD, a Malaysian corporation (“Vionmall”) and the shareholders of Vionmall pursuantto which Vitaxel and Vionmall each became wholly owned subsidiaries of ours. In the Share Exchange, all of the outstanding sharesof Vitaxel and Vionmall were converted into shares of our Common Stock, as described in more detail below.

 

In connection with the Share Exchangeand pursuant to the Split-Off Agreement, we transferred our pre-Share Exchange assets and liabilities to our pre-Share Exchangemajority stockholder, in exchange for the surrender by him and cancellation of 3,000,000 shares of our Common Stock

 

As a result of the Share Exchangeand Split-Off, we discontinued our pre-Share Exchange business and acquired the businesses of Vitaxel and Vionmall, and will continuethe existing business operations of Vitaxel and Vionmall as a publicly-traded company under the name Vitaxel Group Limited.

 

In accordance with “reverseacquisition” accounting treatment, our historical financial statements as of period ends, and for periods ended, prior tothe acquisition will be replaced with the historical financial statements of Vitaxel and Vionmall prior to the Share Exchange inall future filings with the SEC.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of presentation

 

The accompanying unaudited consolidatedfinancial statements of the Company have been prepared in accordance with accounting principles generally accepted in the UnitedStates of America (“U.S. GAAP”) for interim financial information Article 8 of Regulation S-X.

 

This basis of accounting involvesthe application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and lossesare recognized when incurred. The Company’s financial statements are expressed in U.S. dollars.

 

Fiscal year end is December 31.

 

Use of estimates

 

The preparation of consolidated financialstatements in conformity with accounting principles generally accepted in the United States of America requires management to makeestimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets andliabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.Actual results could differ from those estimates.

 

Foreign currency translationand transactions

 

The functional currency of the Companyis the Malaysian Ringgit (“MYR”) and reporting currency of the Company is United States Dollar “USD”).The financial statements of the Company are translated into USD using the exchange rate as of the balance sheet date for assetsand liabilities and average exchange rate for the year for income and expense items. Translation gains and losses are recordedin accumulated other comprehensive income or loss as a component of shareholders' equity.

 

Cash and cash equivalents

 

Cash and cash equivalents consistof cash on hand and highly liquid investments, which are unrestricted from withdrawal or use, and which have original maturitiesof three months or less when purchased.

 

Accounts receivable

 

Accounts receivable are recognizedand carried at original invoiced amount less an allowance for any potential uncollectible amounts. An estimate for doubtful debtsis made when collection of the full amount is no longer probable. Bad debts are written off as incurred. The Company generallydoes not require collateral from its customers. For the period ended March 31, 2017 and 2016,  the Company did not write offany accounts receivable as bad debts.

 

Fair value of financial instruments

 

FASB ASC 820, “Fair Value Measurement,”specifies a hierarchy of valuation techniques based upon whether the inputs to those valuation techniques reflect assumptions othermarket participants would use based upon market data obtained from independent sources (observable inputs). In accordance withASC 820, the following summarizes the fair value hierarchy:

 

Level 1 Inputs – Unadjusted quotedmarket prices for identical assets and liabilities in an active market that the Company has the ability to access.

 

Level 2 Inputs – Inputs otherthan the quoted prices in active markets that are observable either directly or indirectly.

 

Level 3 Inputs – Inputs basedon prices or valuation techniques that are both unobservable and significant to the overall fair value measurements.

 

ASC 820 requires the use of observablemarket data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levelsof the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significantto the fair value measurements. Valuation techniques used need to maximize the use of observable inputs and minimize the use ofunobservable inputs. As of March 31, 2017 and December 31, 2016, none of the Company’s assets and liabilities was requiredto be reported at fair value on a recurring basis. Carrying values of non-derivative financial instruments, including cash, accountsreceivables, payables and accrued liabilities, approximate their fair values due to the short term nature of these financial instruments.There were no changes in methods or assumptions during the periods presented.

 

Inventories

 

Inventories are stated at lower ofcost or market, with cost determined on a weighted-average method, and not to exceed net realizable value. The Company writes downits inventory balances for obsolete amounts estimated on an individual basis for the finished goods and the raw material itemswith large amounts, and by a category basis for low value raw material items.

 

Long-term investment

 

TheCompany’s interests in associated companies are accounted for under equity method under U.S. GAAP. Under the equity method,if the Company’s share of losses of an associated company equals or exceeds the amount of investment plus advances made bythe Company, the Company ordinarily discontinues including its share of losses and the investment is reported at nil value. Ifthe associated company subsequently reports net income, the Company will resume applying the equity method only after its shareof that net income equals the share of net losses not recognized during the period the equity method was suspended.

 

Property, plant and equipment,net

 

Property, plant and equipment arecarried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimateduseful lives:

 

Office equipment 10 years
Furniture and fixtures 10 years
Leasehold improvement 10 years

 

Revenue recognition

 

Product sales − The Companygenerally recognizes revenue upon delivery and when both the title and risk and rewards pass to the independent members or purchasersof the products. Product sales are recognized net of product returns, discounts and taxes. A reserve for product returns is accruedbased on historical experience. There was no deferred revenue accrued as of March 31, 2017 and December 31, 2016.

 

Membership fee − The Companyrecognizes the membership fee revenue over the term of the membership, which is 12 months. The revenue will not be recognized untilthe 14 days cooling-off period is expired. For the period ended March 31, 2017 and 2016, all membership fees were waived by theCompany for promotion purpose. Membership fees will be imposed with effect from July 1, 2017. A notice dated April 18, 2017 hasbeen disseminated by the Company referenced 17026 elaborating the details.

 

Loyalty program

 

The Company operates loyalty programwhich allows customer to accumulate redemption points when they purchase products from the Company. The redemption points can beused to purchase a selection of products at discounted price or redeem products.

 

The Company allocates considerationreceived from the sale of goods to the goods sold and the redemption points issued that are expected to be redeemed.

 

The consideration allocated to theredemptions points issued is measured at fair value of the redemption points. It is recognized as a liability (deferred revenue)in the statement of financial position and recognized as revenue when the points are redeemed, have expired or are no longer expectedto be redeemed. The amount of revenue recognized is based on the number of points that have been redeemed, relative to the numberexpected to redeem.

 

As of March 31, 2017 and December31, 2016, there was no such deferred revenue recorded.

 

Commission expense

 

Commission expense incurred by theCompany is recognized as cost of revenue and as a liability (commission payable in the consolidated balance sheet. Commission expenseis not recoverable once recognized and is expensed as incurred.

 

Income taxes

 

Current income taxes are providedfor in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized when temporary differencesexist between the tax bases of assets and liabilities and their reported amounts in the combined financial statements. Net operatingloss carry forwards and credits are applied using enacted statutory tax rates applicable to future years. Deferred tax assets arereduced by a valuation allowance when, in the opinion of management, it is more-likely-than-not that a portion of or all of thedeferred tax assets will not be realized. The components of the deferred tax assets and liabilities are individually classifiedas current and non-current based on their characteristics.

 

The impact of an uncertain incometax position on the income tax return is recognized at the largest amount that is more-likely-than-not to be sustained upon auditby the relevant tax authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood ofbeing sustained. Interest and penalties on income taxes are classified as a component of the provisions for income taxes. The Companydid not recognize any income tax due to uncertain tax positions or incur any interest and penalties related to potential underpaidincome tax expense as of March 31, 2017 and December 31, 2016.

 

Forward Stock split 

 

On January 27, 2016, our Board ofDirectors declared a 1333-for-1 forward stock split of our outstanding common stock, par value $0.000001 per share in the formof a dividend (the “Stock Split”) with a record date of February 8, 2016 (the “Record Date”). On February22, 2016, Financial Industry Regulatory Authority, Inc. (“FINRA”) notified us of its announcement of the payment dateof the Stock Split as February 23, 2016 (the “Payment Date”). On the Payment Date, as a result of the Stock split,each holder of our common stock as of the Record Date received 1332 additional shares of our common stock for each one share owned,rounded up to the nearest whole share. All common stock share amounts referenced in this Quarterly Report give retroactive effectto the Stock Split.

 

Comprehensive loss

 

Comprehensive loss includes net lossand cumulative foreign currency translation adjustments and is reported in the Consolidated Statement of  Income and ComprehensiveIncome(Loss)

 

Loss per share

 

The loss per share is computed usingthe weighted average number of shares outstanding during the fiscal years. For the period ended March 31, 2017 and 2016, therewas no dilutive effect due to net loss.

 

Related party transactions

 

Arelated party is generally defined as:

 

(i)any person that holds the Company’s securities including such person’s immediate families,

 

(ii) the Company’s management,

 

(iii) someone that directly orindirectly controls, is controlled by or is under common control with the Company, or

 

(iv) anyone who can significantlyinfluence the financial and operating decisions of the Company.

 

A transaction is considered tobe a related party transaction when there is a transfer of resources or obligations between related parties.

 

Recently issued accountingpronouncements  

 

Revenue Recognition:    In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The amendments in ASU2015-14 defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profitentities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning afterDecember 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as ofannual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. 

 

Financial instrument:In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurementof Financial Assets and Financial Liabilities” (“ASU 2016-01”). The standard addresses certain aspects of recognition,measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for fiscal years, and interim periodswithin those years, beginning after December 15, 2017, and early adoption is not permitted. Accordingly, the standard is effectivefor us on January 1, 2018. We are currently evaluating the impact that the standard will have on our consolidated financial statements.

 

Leases: In February2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-2”), which provides guidance on lease amendmentsto the FASB Accounting Standard Codification. This ASU will be effective for us beginning in January 1, 2019. We are currentlyin the process of evaluating the impact of the adoption of ASU 2016-2 on our consolidated financial statements.

 

 

The Company believes that there wereno other accounting standards recently issued that had or are expected to have a material impact on our financial position or resultsof operations.

GOING CONCERN
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN
3. GOING CONCERN

 

The accompanying consolidated financialstatements have been prepared assuming the Company will continue as a going concern. The Company has incurred losses since itsinception resulting in an accumulated deficit of $2,870,496 as of March 31, 2017. The ability to continue as a going concern isdependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet itsobligations and repay its liabilities arising from normal business operations when they become due. These combined financial statementsdo not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilitiesthat might be necessary should the Company be unable to continue as a going concern.

 

The Company expects to finance operationsprimarily through cash flow from revenue and capital contributions from principal shareholders. In the event that we require additionalfunding to finance the growth of the Company’s current and expected future operations as well as to achieve our strategicobjectives, our principal shareholders have indicated the intent and ability to provide additional equity financing.

 

These conditions raise substantialdoubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern isdependent on our ability to meet obligations as they become due and to obtain additional equity or alternative financing requiredto fund operations until sufficient sources of recurring revenues can be generated. There can be no assurance that the Companywill be successful in its plans described above or in attracting equity or alternative financing on acceptable terms, or if atall. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

OTHER RECEIVABLES AND OTHER ASSETS
3 Months Ended
Mar. 31, 2017
Other Receivables And Other Assets  
OTHER RECEIVABLES AND OTHER ASSETS
4. OTHER RECEIVABLES AND OTHER ASSETS

 

Other receivables and other assetsconsist of the following:

 

    As of 
March 31,
2017
    As of 
December 31,
2016
 
Deposits (1)   $ 17,591     $ 19,497  
Others (2)     22,467       2,481  
    $ 40,058     $ 21,978  

 

(1)       Depositsrepresented payments for rental, utilities, and construction funds to government department.

(2)       Othersmainly consists other miscellaneous payments.

LONG-TERM INVESTMENT
3 Months Ended
Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
LONG-TERM INVESTMENT
5. LONG-TERM INVESTMENT

 

On October 5, 2016, the Company invested958,000 Thai Baht or $27,539 to Vitaxel Corporation Thailand Co., Ltd., a company registered in Thailand, and hold  s47.99% shares of it. The long-term investment is accounted using the equity method.

 

Long-term investment consists ofthe following:

 

    As of 
March 31,
2017
    As of 
December 31,
2016
 
Long-term investment -cost   $ 27,539     $ 27,539  
Long-term investment -share of loss in investment in an associated company     (25,716 )     (25,716 )
Foreign currency translation adjustment     (1,823 )     (1,823 )
    $ -     $ -  
PROPERTY, PLANT AND EQUIPMENT
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET
6. PROPERTY,  PLANT AND EQUIPMENT,  NET

 

Property, plant and equipment, net consist of the following:

 

    As of 
March 31,
2017
    As of 
December 31,
2016
 
             
Office equipment   $ 30,892     $ 30,476  
Computer equipment     68,415       61,516  
Furniture and fittings     7,293       7,131  
Electrical & fitting     342       337  
Motor vehicle     15,524       15,315  
Software and website     10,586       7,544  
Renovations     99,508       98,167  
      232,560       220,486  
                 
Less: Accumulated depreciation     (31,942 )     (25,817 )
                 
Balance at end of period/year   $ 200,618     $ 194,669  

 

Depreciation expenses charged to the statements of operationsfor the period ended March 31, 2017 and 2016 were $6,125 and $5,000 respectively.

ACCRUALS AND OTHER PAYABLES
3 Months Ended
Mar. 31, 2017
Payables and Accruals [Abstract]  
ACCRUALS AND OTHER PAYABLES
7. ACCRUALS AND OTHER PAYABLES

 

Accruals and other payables consistof the following:

 

    As of
March 31,
2017
    As of
December 31,
2016
 
             
Provisions   $ 22,622     $ 21,243  
Others     588,156       425,244  
Balance at end of period/year   $ 610,778     $ 446,487  
AMOUNT DUE TO A DIRECTOR
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
AMOUNT DUE TO A DIRECTOR
8. AMOUNT DUE TO A DIRECTOR

 

    As of
March 31,
2017
    As of 
December 31,
2016
 
Amounts due to a director                
Dato’ Lim Hui Boon   $ 59,617     $ -  
INCOME TAX
3 Months Ended
Mar. 31, 2017
Disclosure Text Block [Abstract]  
INCOME TAX
9. INCOME TAX

 

Provision for income taxes consisted of thefollowing:

 

      For the three months ended  
      March
31, 2017
      March
31, 2016 
 
                 
Current:                
Provision for Malaysian income tax   $ -     $ -  
Provision for Singaporean income tax                
Provision for U.S. income tax     -       -  
Deferred:                
Provision for Malaysian income tax     -       -  
Provision for Singaporean income tax     -       -  
Provision for U.S. income tax     -       -  
    $ -     $ -  

 

Malaysia

The Company’s two main operatingsubsidiaries, Vitaxel SDN BHD and Vitaxel Online Mall SDN BHD are companies incorporated in Malaysia. They recorded a loss beforeincome tax of $207,412 and an income $2,968 for the period ended March 31, 2017 and 2016 respectively. A reconciliation of theprovision for income taxes with amounts determined by applying the Malaysian income tax rate of 24% for the period ended March31, 2017 and 2016, respectively, to income before income taxes is as follows:

 

    For the period ended  
    March
31, 2017
   

March

31, 2016

 
             
Profit (loss) before income tax   $ (207,412 )   $ 2,968  
Permanent difference     207,412       -  
Taxable income   $ -     $ 2,968  
Malaysian income tax rate     24 %     24 %
Current tax expenses   $ -     $ 712  
Less: Valuation allowance     -       712  
Income tax expenses   $ -     $ -  

 

 

United States of America

Vitaxel Group Limited is a companyincorporated in State of Nevada and on consolidation of its subsidiaries accounts recorded a loss before income tax of $30,232and $44,318 for the period ended March 31, 2017 and 2016 respectively. A reconciliation of the provision for income taxes withamounts determined by applying the United States Federal income tax rate of 34% for the periods ended March 31, 2017 and 2016,respectively, to income before income taxes is as follows:

 

    For the year ended  
    March
31, 2017
    March
31, 2016
 
                 
Profit (loss) before income tax   $ (30,232   $ (44,318)  
Permanent difference     30,232           44,318  
Taxable income   $ -     $ -  
United States income tax rate     34 %     34 %
Current tax expenses   $ -     $    
Less: Valuation allowance     -       -  
Income tax expenses   $ -     $ -  

 

Singapore

Vitaxel Singapore PTE. Ltd. is acompany incorporated in Singapore and is eligible for partial tax exemptionwhich effectively translates to about 8.5% tax rate  on corporate profits up to SGD300,000 and 17% above SGD300,000.No provision for income tax is required due to the company not having any income or losses for the period ended March 31, 2017and 2016.

 

No deferred tax has been providedas there are no material temporary differences arising during the periods ended March 31, 2017 and 2016. 

AMOUNT DUE FROM AN ASSOCIATE COMPANY
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
AMOUNT DUE FROM AN ASSOCIATE COMPANY
10. AMOUNT DUE FROM AN ASSOCIATE COMPANY

 

    As of
March 31,
2017
    As of 
December 31,
2016
 
Vitaxel Corporation Thailand Co., Ltd.   $ 40,957     $ -  
AMOUNT DUE TO ASSOCIATED COMPANIES
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
AMOUNT DUE TO ASSOCIATED COMPANIES
11. AMOUNT DUE TO ASSOCIATED COMPANIES

 

    As of
March 31,
2017
    As of 
December 31,
2016
 
Vitaxel Corporation Thailand Co., Ltd.   $ -     $ 279,219  
RELATED PARTIES TRANSCTIONS
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
RELATED PARTIES TRANSCTIONS
12. RELATED PARTIES TRANSACTIONS  

 

As of March 31, 2017 and December31, 2016, the amount of due from a related party, Beedo SDN BHD, was $22,706 and $18,062 respectively. Beedo SDN BHD was a subsidiaryof related company Ho Wah Genting Group SDN BHD from June 25, 2015 to August 12, 2016.

 

As of March 31, 2017 and December31, 2016, the amount of due from a related party, Ho Wah Genting Berhad, was $4,747 and $9,020 respectively.

 

As of March 31, 2017 and December31, 2016, the amount of due from director, LIM WEE KIAT, was $1,000 and $1,482 respectively. These amounts were unsecured, interest-freeand repayable on demand.

 

As of March 31, 2017 and December31, 2016, the amount due from Leong Yee Ming was $4,133 and $3,945, respectively. These amounts were unsecured, interest-free andrepayable on demand.

 

As of March 31, 2017 and December31, 2016, the amount of due to a related party, Ho Wah Genting Group Sdn Bhd, was $694,140 and $18,286 respectively. The Presidentof the Company, Dato’ Lim Hui Boon, is also the Group President of Ho Wah Genting Sdn Bhd.

 

The amount due to Ho Wah GentingHoliday Sdn Bhd was $0 as of March 31, 2017 and $8,807 as of December 31, 2016. A former director of the Company, Lim Chun Hoo,is also a director of Ho Wah Genting Holiday Sdn Bhd. On March 31, 2017, Lim Chun Hoo resigned from the Company.

 

The amount due to Genting HighlandsTaxi Services SDN BHD was $16,455 and $16,234 respectively as of March 31, 2017 and December 31, 2016. A director of the Company,Lim Wee Kiat, is also a director of Genting Highlands Taxi Services SDN BHD.

 

The amount due to the Company’s associated company,Vitaxel Corp. (Thailand) Ltd., was $0 as of March 31, 2017 and $279,219 as of December 31, 2016.

 

The Company recognized an expenseof $59,644 pertaining for event, traveling and accommodation expenses during the three months ended March 31, 2017, which was chargedto its related company, Ho Wah Genting Holiday Sdn. Bhd.

 

The Company recognized an expenseof rent totalling $14,239 of which $4,746 during the three months ended March 31, 2017 was paid to its affiliate, Ho Wah GentingBerhad and $9,493 was paid to Malaysia-Beijing Travel Services Sdn Bhd. The operating lease commitment to Ho Wah Genting Berhadas of December 31, 2016 was $16,272 and $37,975 to Malaysia-Beijing Travel Services Sdn Bhd. The lease commitment are disclosedin note 13 COMMITMENTS AND CONTINGENCIES below under the heading Operation Commitments.  

 

The Company recognized an expenseof $13,504 pertaining for website maintenance expense during the three months ended March 31, 2017, which was charged by its relatedcompany, Beedo Sdn. Bhd.

 

The Company recognized an incomeof $1,417 pertaining for royalties during three months ended March 31, 2017 which was paid by its associated company, Vitaxel Corp.(Thailand) Limited.

COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
13. COMMITMENTS AND CONTINGENCIES

 

Capital Commitments

 

The Company has no capital commitments.

 

Operation Commitments

 

The lease commitment to Ho Wah GentingBerhad where it is known in Malaysia as “Tenancy Agreement” has a tenure of 3 years started from January 1, 2016 andexpiring on December 31, 2018 and 2 years started from December 4, 2015 to December 3, 2017 to Malaysia-Beijing Travel ServicesSdn Bhd.

 

Year ending December 31, 2017     53,797  
Year ending December 31, 2018     18,987  
Total   $ 72,784  

 

Rental expense of the Company was $25,244 and $34,128 for the periodended March 31, 2017 and 2016, respectively. 

EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
14. EARNINGS  (LOSS) PER SHARE

 

The Company has adopted ASC Topic No. 260, “Earnings Per Share,”  (“EPS”) which requires presentation of basic and diluted EPS on theface of the income statement, and requires a reconciliation of the numerator and denominator of the basic EPS computation to thenumerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic earnings (loss) per shareis computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year.

 

The following table sets forth the computationof basic and diluted earnings per share:

 

    For the period ended  
    March
31, 2017
    March
31, 2016
 
             
Net loss applicable to common shares   $ (207,412 )   $ 2,968  
                 
Weighted average common shares outstanding (Basic)     5,408,754,000       4,936,470,492  
                 
    $ (0.00 )   $ (0.00 )

 

The Company has no potentially dilutive securities,such as options or warrants, currently issued and outstanding.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Basis of presentation

Basis of presentation

 

The accompanying unaudited consolidatedfinancial statements of the Company have been prepared in accordance with accounting principles generally accepted in the UnitedStates of America (“U.S. GAAP”) for interim financial information Article 8 of Regulation S-X.

 

This basis of accounting involvesthe application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and lossesare recognized when incurred. The Company’s financial statements are expressed in U.S. dollars.

 

Fiscal year end is December 31.

Use of estimates

Use of estimates

 

The preparation of consolidated financialstatements in conformity with accounting principles generally accepted in the United States of America requires management to makeestimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets andliabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.Actual results could differ from those estimates.

Foreign currency translation and transactions

Foreign currency translationand transactions

 

The functional currency of the Companyis the Malaysian Ringgit (“MYR”) and reporting currency of the Company is United States Dollar “USD”).The financial statements of the Company are translated into USD using the exchange rate as of the balance sheet date for assetsand liabilities and average exchange rate for the year for income and expense items. Translation gains and losses are recordedin accumulated other comprehensive income or loss as a component of shareholders' equity.

Cash and cash equivalents

Cash and cash equivalents

 

Cash and cash equivalents consistof cash on hand and highly liquid investments, which are unrestricted from withdrawal or use, and which have original maturitiesof three months or less when purchased.

Accounts receivable

Accounts receivable

 

Accounts receivable are recognizedand carried at original invoiced amount less an allowance for any potential uncollectible amounts. An estimate for doubtful debtsis made when collection of the full amount is no longer probable. Bad debts are written off as incurred. The Company generallydoes not require collateral from its customers. For the period ended March 31, 2017 and 2016,  the Company did not write offany accounts receivable as bad debts.

Fair value of financial instruments

Fair value of financial instruments

 

FASB ASC 820, “Fair Value Measurement,”specifies a hierarchy of valuation techniques based upon whether the inputs to those valuation techniques reflect assumptions othermarket participants would use based upon market data obtained from independent sources (observable inputs). In accordance withASC 820, the following summarizes the fair value hierarchy:

 

Level 1 Inputs – Unadjusted quotedmarket prices for identical assets and liabilities in an active market that the Company has the ability to access.

 

Level 2 Inputs – Inputs otherthan the quoted prices in active markets that are observable either directly or indirectly.

 

Level 3 Inputs – Inputs basedon prices or valuation techniques that are both unobservable and significant to the overall fair value measurements.

 

ASC 820 requires the use of observablemarket data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levelsof the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significantto the fair value measurements. Valuation techniques used need to maximize the use of observable inputs and minimize the use ofunobservable inputs. As of March 31, 2017 and December 31, 2016, none of the Company’s assets and liabilities was requiredto be reported at fair value on a recurring basis. Carrying values of non-derivative financial instruments, including cash, accountsreceivables, payables and accrued liabilities, approximate their fair values due to the short term nature of these financial instruments.There were no changes in methods or assumptions during the periods presented.

Inventories

Inventories

 

Inventories are stated at lower ofcost or market, with cost determined on a weighted-average method, and not to exceed net realizable value. The Company writes downits inventory balances for obsolete amounts estimated on an individual basis for the finished goods and the raw material itemswith large amounts, and by a category basis for low value raw material items.

Long-term investment

Long-term investment

 

TheCompany’s interests in associated companies are accounted for under equity method under U.S. GAAP. Under the equity method,if the Company’s share of losses of an associated company equals or exceeds the amount of investment plus advances made bythe Company, the Company ordinarily discontinues including its share of losses and the investment is reported at nil value. Ifthe associated company subsequently reports net income, the Company will resume applying the equity method only after its shareof that net income equals the share of net losses not recognized during the period the equity method was suspended.

Property, plant and equipment, net

Property, plant and equipment,net

 

Property, plant and equipment arecarried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimateduseful lives:

 

Office equipment 10 years
Furniture and fixtures 10 years
Leasehold improvement 10 years
Revenue recognition

Revenue recognition

 

Product sales − The Companygenerally recognizes revenue upon delivery and when both the title and risk and rewards pass to the independent members or purchasersof the products. Product sales are recognized net of product returns, discounts and taxes. A reserve for product returns is accruedbased on historical experience. There was no deferred revenue accrued as of March 31, 2017 and December 31, 2016.

 

Membership fee − The Companyrecognizes the membership fee revenue over the term of the membership, which is 12 months. The revenue will not be recognized untilthe 14 days cooling-off period is expired. For the period ended March 31, 2017 and 2016, all membership fees were waived by theCompany for promotion purpose. Membership fees will be imposed with effect from July 1, 2017. A notice dated April 18, 2017 hasbeen disseminated by the Company referenced 17026 elaborating the details.

Loyalty program

Loyalty program

 

The Company operates loyalty programwhich allows customer to accumulate redemption points when they purchase products from the Company. The redemption points can beused to purchase a selection of products at discounted price or redeem products.

 

The Company allocates considerationreceived from the sale of goods to the goods sold and the redemption points issued that are expected to be redeemed.

 

The consideration allocated to theredemptions points issued is measured at fair value of the redemption points. It is recognized as a liability (deferred revenue)in the statement of financial position and recognized as revenue when the points are redeemed, have expired or are no longer expectedto be redeemed. The amount of revenue recognized is based on the number of points that have been redeemed, relative to the numberexpected to redeem.

 

As of March 31, 2017 and December31, 2016, there was no such deferred revenue recorded.

Commission expense

Commission expense

 

Commission expense incurred by theCompany is recognized as cost of revenue and as a liability (commission payable in the consolidated balance sheet. Commission expenseis not recoverable once recognized and is expensed as incurred.

Income taxes

Income taxes

 

Current income taxes are providedfor in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized when temporary differencesexist between the tax bases of assets and liabilities and their reported amounts in the combined financial statements. Net operatingloss carry forwards and credits are applied using enacted statutory tax rates applicable to future years. Deferred tax assets arereduced by a valuation allowance when, in the opinion of management, it is more-likely-than-not that a portion of or all of thedeferred tax assets will not be realized. The components of the deferred tax assets and liabilities are individually classifiedas current and non-current based on their characteristics.

 

The impact of an uncertain incometax position on the income tax return is recognized at the largest amount that is more-likely-than-not to be sustained upon auditby the relevant tax authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood ofbeing sustained. Interest and penalties on income taxes are classified as a component of the provisions for income taxes. TheCompany did not recognize any income tax due to uncertain tax positions or incur any interest and penalties related to potentialunderpaid income tax expense as of March 31, 2017 and December 31, 2016.

Forward Stock split

Forward Stock split 

 

On January 27, 2016, our Board ofDirectors declared a 1333-for-1 forward stock split of our outstanding common stock, par value $0.000001 per share in the formof a dividend (the “Stock Split”) with a record date of February 8, 2016 (the “Record Date”). On February22, 2016, Financial Industry Regulatory Authority, Inc. (“FINRA”) notified us of its announcement of the payment dateof the Stock Split as February 23, 2016 (the “Payment Date”). On the Payment Date, as a result of the Stock split,each holder of our common stock as of the Record Date received 1332 additional shares of our common stock for each one share owned,rounded up to the nearest whole share. All common stock share amounts referenced in this Quarterly Report give retroactive effectto the Stock Split.

Comprehensive loss

Comprehensive loss

 

Comprehensive loss includes net lossand cumulative foreign currency translation adjustments and is reported in the Consolidated Statement of  Income and ComprehensiveIncome(Loss)

Loss per share

Loss per share

 

The loss per share is computed usingthe weighted average number of shares outstanding during the fiscal years. For the period ended March 31, 2017 and 2016, therewas no dilutive effect due to net loss.

Related party transactions

Related party transactions

 

Arelated party is generally defined as:

 

(i)any person that holds the Company’s securities including such person’s immediate families,

 

(ii) the Company’s management,

 

(iii) someone that directly orindirectly controls, is controlled by or is under common control with the Company, or

 

(iv) anyone who can significantlyinfluence the financial and operating decisions of the Company.

 

A transaction is considered tobe a related party transaction when there is a transfer of resources or obligations between related parties.

Recently issued accounting pronouncements

Recently issued accountingpronouncements  

 

Revenue Recognition:    In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The amendments in ASU2015-14 defer the effective date of ASU 2014-09 for all entities by one year. Public business entities, certain not-for-profitentities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning afterDecember 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as ofannual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. 

 

Financial instrument:In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurementof Financial Assets and Financial Liabilities” (“ASU 2016-01”). The standard addresses certain aspects of recognition,measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for fiscal years, and interim periodswithin those years, beginning after December 15, 2017, and early adoption is not permitted. Accordingly, the standard is effectivefor us on January 1, 2018. We are currently evaluating the impact that the standard will have on our consolidated financial statements.

 

Leases: In February2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-2”), which provides guidance on lease amendmentsto the FASB Accounting Standard Codification. This ASU will be effective for us beginning in January 1, 2019. We are currentlyin the process of evaluating the impact of the adoption of ASU 2016-2 on our consolidated financial statements.

 

The Company believes that there wereno other accounting standards recently issued that had or are expected to have a material impact on our financial position or resultsof operations.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of property, plant and equipment estimated useful lives

Depreciation is calculated on a straight-linebasis over the following estimated useful lives:

 

Office equipment 10 years
Furniture and fixtures 10 years
Leasehold improvement 10 years

OTHER RECEIVABLES AND OTHER ASSETS (Tables)
3 Months Ended
Mar. 31, 2017
Other Receivables And Other Assets  
Schedule of other receivables and other assets

Other receivables and other assetsconsist of the following:

 

    As of 
March 31,
2017
    As of 
December 31,
2016
 
Deposits (1)   $ 17,591     $ 19,497  
Others (2)     22,467       2,481  
    $ 40,058     $ 21,978  

 

(1)       Depositsrepresented payments for rental, utilities, and construction funds to government department.

(2)       Othersmainly consists other miscellaneous payments.

LONG-TERM INVESTMENT (Tables)
3 Months Ended
Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of long-term investment

Long-term investment consists ofthe following:

 

    As of 
March 31,
2017
    As of 
December 31,
2016
 
Long-term investment -cost   $ 27,539     $ 27,539  
Long-term investment -share of loss in investment in an associated company     (25,716 )     (25,716 )
Foreign currency translation adjustment     (1,823 )     (1,823 )
    $ -     $ -  
PROPERTY, PLANT AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment, Net [Abstract]  
Schedule of property, plant and equipment, net

Property, plant and equipment, net consist of the following:

 

    As of 
March 31,
2017
    As of 
December 31,
2016
 
             
Office equipment   $ 30,892     $ 30,476  
Computer equipment     68,415       61,516  
Furniture and fittings     7,293       7,131  
Electrical & fitting     342       337  
Motor vehicle     15,524       15,315  
Software and website     10,586       7,544  
Renovations     99,508       98,167  
      232,560       220,486  
                 
Less: Accumulated depreciation     (31,942 )     (25,817 )
                 
Balance at end of period/year   $ 200,618     $ 194,669  

 

ACCRUALS AND OTHER PAYABLES (Tables)
3 Months Ended
Mar. 31, 2017
Payables and Accruals [Abstract]  
Schedule of accruals and other payables

Accruals and other payables consistof the following:

 

    As of
March 31,
2017
    As of
December 31,
2016
 
             
Provisions   $ 22,622     $ 21,243  
Others     588,156       425,244  
Balance at end of period/year   $ 610,778     $ 446,487  
AMOUNT DUE TO A DIRECTOR (Tables)
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Schedule of due to director
    As of
March 31,
2017
    As of 
December 31,
2016
 
Amounts due to a director                
Dato’ Lim Hui Boon   $ 59,617     $ -  
INCOME TAX (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure Text Block [Abstract]  
Provision for income taxes

Provision for income taxes consisted of thefollowing:

 

      For the three months ended  
      March
31, 2017
      March
31, 2016 
 
                 
Current:                
Provision for Malaysian income tax   $ -     $ -  
Provision for Singaporean income tax                
Provision for U.S. income tax     -       -  
Deferred:                
Provision for Malaysian income tax     -       -  
Provision for Singaporean income tax     -       -  
Provision for U.S. income tax     -       -  
    $ -     $ -  
Schedule of Income before Income Tax

A reconciliation of the provisionfor income taxes with amounts determined by applying the Malaysian income tax rate of 24% for the period ended March 31, 2017 and2016, respectively, to income before income taxes is as follows:

 

    For the period ended  
    March
31, 2017
   

March

31, 2016

 
             
Profit (loss) before income tax   $ (207,412 )   $ 2,968  
Permanent difference     207,412       -  
Taxable income   $ -     $ 2,968  
Malaysian income tax rate     24 %     24 %
Current tax expenses   $ -     $ 712  
Less: Valuation allowance     -       712  
Income tax expenses   $ -     $ -  

 

 

A reconciliation of the provisionfor income taxes with amounts determined by applying the United States Federal income tax rate of 34% for the periods ended March31, 2017 and 2016, respectively, to income before income taxes is as follows:

 

    For the year ended  
    March
31, 2017
    March
31, 2016
 
                 
Profit (loss) before income tax   $ (30,232   $ (44,318)  
Permanent difference     30,232           44,318  
Taxable income   $ -     $ -  
United States income tax rate     34 %     34 %
Current tax expenses   $ -     $    
Less: Valuation allowance     -       -  
Income tax expenses   $ -     $ -  

AMOUNT DUE FROM AN ASSOCIATE COMPANY (Tables)
3 Months Ended
Mar. 31, 2017
Amount Due From Associate Company Tables  
Schedule of amount due from an associate company
    As of
March 31,
2017
    As of 
December 31,
2016
 
Vitaxel Corporation Thailand Co., Ltd.   $ 40,957     $ -  
AMOUNT DUE TO ASSOCIATED COMPANIES (Tables)
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Schedule of amount due to associate company
    As of
March 31,
2017
    As of 
December 31,
2016
 
Vitaxel Corporation Thailand Co., Ltd.   $ -     $ 279,219  
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of future minimum lease payments under the non-cancellable operating lease

The lease commitment to Ho Wah GentingBerhad where it is known in Malaysia as “Tenancy Agreement” has a tenure of 3 years started from January 1, 2016 andexpiring on December 31, 2018 and 2 years started from December 4, 2015 to December 3, 2017 to Malaysia-Beijing Travel ServicesSdn Bhd.

 

Year ending December 31, 2017     53,797  
Year ending December 31, 2018     18,987  
Total   $ 72,784  
EARNINGS (LOSS) PER SHARE (Table)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computationof basic and diluted earnings per share:

 

    For the period ended  
    March
31, 2017
    March
31, 2016
 
             
Net loss applicable to common shares   $ (207,412 )   $ 2,968  
                 
Weighted average common shares outstanding (Basic)     5,408,754,000       4,936,470,492  
                 
    $ (0.00 )   $ (0.00 )
ORGANIZATION AND BUSINESS (Details Narrative)
Jan. 18, 2016
shares
Share Exchange & Split-Off Agreement [Member]  
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]  
Number of shares surrender and cancellation 3,000,000
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
3 Months Ended
Mar. 31, 2017
Office Equipment [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful lives P10Y
Furniture and fittings [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful lives P10Y
Leasehold Improvements [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful lives P10Y
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - $ / shares
3 Months Ended
Feb. 23, 2016
Jan. 27, 2016
Mar. 31, 2017
Dec. 31, 2016
Accounting Policies [Abstract]        
Description of uncertain income tax position    

An uncertain income tax position will not be recognizedif it has less than a 50% likelihood of being sustained.

 
Description of forward stock split ratio  

1333-for-1 forward stock split

   
Common stock, par value (in dollars per share)   $ 0.000001 $ 0.000001 $ 0.000001
Number of shares issued upon forward stock split 1,332      
GOING CONCERN (Details Narrative) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Accumulated deficit $ 2,870,496 $ 2,639,138
OTHER RECEIVABLES AND OTHER ASSETS (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Other Receivables And Other Assets    
Deposits [1] $ 17,591 $ 19,497
Others [2] 22,467 2,481
Total other receivables and other assets $ 40,058 $ 21,978
[1] Deposits represented payments for rental and utilities.
[2] Others mainly consists other miscellaneous payments.
LONG-TERM INVESTMENT (Details) - Vitaxel Corp Thailand, Ltd [Member] - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Oct. 05, 2016
Long-term investment - cost $ 27,539 $ 27,539 $ 27,539
Long-term investment - share of loss in investment in an associated company (25,716) (25,716)  
Foreign currency translation adjustment (1,823) (1,823)  
Long-term investment  
LONG-TERM INVESTMENT (Details Narrative) - Vitaxel Corp Thailand, Ltd [Member] - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Oct. 05, 2016
Long-term investment -cost $ 27,539 $ 27,539 $ 27,539
Thailand, Baht [Member]      
Long-term investment -cost     $ 958,000
PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year $ 232,560 $ 220,486
Less: Accumulated depreciation (31,942) (25,817)
Balance at end of period/year 200,618 194,669
Office Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year 30,892 30,476
Computer Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year 68,415 61,516
Furniture and fittings [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year 7,293 7,131
Electrical and Fitting [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year 342 337
Motor Vehicle [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year 15,524 15,315
Software and Website [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year 10,586 7,544
Renovations [Member]    
Property, Plant and Equipment [Line Items]    
Balance at beginning of period/year $ 99,508 $ 98,167
PROPERTY, PLANT AND EQUIPMENT (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Property, Plant and Equipment, Net [Abstract]    
Depreciation expenses $ 6,125 $ 5,000
ACCRUALS AND OTHER PAYABLES (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Payables and Accruals [Abstract]    
Provisions $ 22,622 $ 21,243
Others 588,156 425,244
Balance at end of period/year $ 610,778 $ 446,487
AMOUNT DUE TO A DIRECTOR (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Related Party Transaction [Line Items]    
Amounts due to a director $ 59,617
Mr. Lim Chun Hoo [Member]    
Related Party Transaction [Line Items]    
Amounts due to a director $ 59,617
INCOME TAX (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Current:    
Provision for income tax
Deferred:    
Provision for income tax
Total Provision for income taxes
Malaysia [Member]    
Current:    
Provision for income tax 712
Deferred:    
Provision for income tax 2,968
Total Provision for income taxes
Singaporean [Member]    
Current:    
Provision for income tax
Deferred:    
Provision for income tax
INCOME TAX (Details 2) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Taxable income
Current tax expenses
Income tax expenses
Malaysia [Member]    
Profit (loss) before income tax (207,412) 2,968
Permanent difference 207,412
Taxable income $ 2,968
Income tax rate 24.00% 24.00%
Current tax expenses $ 712
Less: Valuation allowance 712
Income tax expenses
United States of America [Member]    
Profit (loss) before income tax (44,318) (30,232)
Permanent difference 44,318 30,232
Taxable income
Income tax rate 34.00% 34.00%
Current tax expenses
Less: Valuation allowance
Income tax expenses
INCOME TAX (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income loss before income tax $ (207,412) $ 2,968
Malaysia [Member]    
Income loss before income tax $ (30,232) $ 44,318
Malaysian income tax rate 24.00% 24.00%
United States of America [Member]    
Income loss before income tax
Malaysian income tax rate 34.00% 34.00%
Singaporean [Member]    
Statutory income tax rate 8.50%  
AMOUNT DUE FROM AN ASSOCIATE COMPANY (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Amount due from an associate company $ 27,453 $ 27,082
Vitaxel Corp Thailand, Ltd [Member]    
Amount due from an associate company $ 40,957
AMOUNT DUE TO ASSOCIATED COMPANIES (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Amount Due To Associated Companies Details    
Amounts due to an associated company $ 279,219
RELATED PARTIES TRANSCTIONS (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Related Party Transaction [Line Items]      
Due to a related party $ 817,877   $ 632,239
Rent expenses 25,244 $ 34,128  
Ho Wah Genting Berhad [Member]      
Related Party Transaction [Line Items]      
Amount paid to affiliate 4,746    
Rent expenses 14,239    
Malaysia-Beijing Travel Services Sdn Bhd [Member]      
Related Party Transaction [Line Items]      
Amount paid to affiliate 9,493    
Operating lease commitment     37,975
Beedo Sdn. Bhd [Member]      
Related Party Transaction [Line Items]      
Website maintenance expense 13,504    
Ho Wah Genting Holiday Sdn. Bhd [Member]      
Related Party Transaction [Line Items]      
Due to a related party 0   8,807
Traveling and accommodation expenses 59,644    
Ho Wah Genting Group Sdn Bhd [Member]      
Related Party Transaction [Line Items]      
Due from related party 22,706   18,062
Due to a related party 694,140   18,286
LIM WEE KIAT [Member]      
Related Party Transaction [Line Items]      
Due from related party 1,000   1,482
Genting Highlands Taxi Services SDN BHD [Member]      
Related Party Transaction [Line Items]      
Due to a related party 16,455   16,234
LEONG YEE MING [Member]      
Related Party Transaction [Line Items]      
Due from related party 4,133   3,945
Ho Wah Genting Berhad [Member]      
Related Party Transaction [Line Items]      
Due from related party 4,747   9,020
Operating lease commitment     16,272
Vitaxel Corporation Corp (Thailand) [Member]      
Related Party Transaction [Line Items]      
Royalties 1,417    
Vitaxel Corp Thailand, Ltd [Member]      
Related Party Transaction [Line Items]      
Due to a related party $ 0   $ 279,219
COMMITMENTS AND CONTINGENCIES (Details)
Mar. 31, 2017
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
Year ending December 31, 2017 $ 53,797
Year ending December 31, 2018 18,987
Total $ 72,784
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]    
Rental expense $ 25,244 $ 34,128
Lease term 3 years  
Lease expiration date Dec. 31, 2018  
EARNINGS (LOSS) PER SHARE (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Earnings Per Share [Abstract]    
Net loss applicable to common shares $ (207,412) $ 2,968
Weighted average common shares outstanding (Basic) 5,408,754,000 4,936,470,492
Net loss per share - basic and diluted $ 0.00 $ 0.00