Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 708

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 1B
Chunk 708
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 was made in the year.

 SCHEDULE
OF DEFERRED TAX ASSETS

    As
    of December 31, 

    2024  
    2023 
  
    Deferred tax assets: 
    $   
    $  
  
    Net operating loss carryforwards 

    – United States of America 
     25,690  
     41,421 
  
    – Hong Kong 
     2,137 
     4,282
  
    –
    The PRC 
     1,167,843  
     1,036,117 
  
    Deferred
    tax assets: Net operating loss carryforwards 
     1,195,670  
     1,073,256 
  
    Less:
    valuation allowance 
     (1,195,670) 
     (1,073,256)
  
    Deferred
    tax assets 
    $-  
    $- 

11.
OPERATING LEASE

The
Company has three operating lease agreement for the office space, the first one is in Changsha, Hunan China with remaining lease term
of 0 years, the second is in Beijing China with remaining lease term of 0 year, the third is in Changsha, Hunan China with remaining
lease term of 1.2 year. A lease with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts
for the lease and non-lease components of its leases as a single lease component. Lease expense is recognized on a straight-line basis
over the lease term.

The
details lease terms are shown as followings:

SCHEDULE OF DETAILS OF LEASE TERM 

    Lease
    agreement
     
    Expiry
    Date
     
    Original
    Lease Term
     
    The
    Remaining Lease Term
  
    1st
    Changsha office rent, related party
     
    Dec
    31, 2024
     
    2
    years
     
    0
    year
  
    2nd
    Beijing office rent, related party
     
    Dec
    31, 2024
     
    1
    year
     
    0
    year
  
    3rd
    Changsha office rent, related party
     
    Aug
    1, 2024