UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549



FORM 10-K



[X] Annual Report pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934



For the period ended: March 31, 2011.



[ ] Transition Report pursuant to 13 or 15(d) of the Securities

Exchange Act of 1934



For the transition period from to



Commission File Number: 333-165526



USChina Taiwan, Inc.

__________________________________________________

(Exact name of registrant as specified in
its charter)



Nevada     
                       
      27-2039490

--------------------------------         ----------------------------------

(State or other jurisdiction of           (IRS Employer Identification No.)

incorporation or organization)



Taiwan: 16F-5, No. 78-17, Sec. 2 Zhong Gang Rd. Taichung,
Taiwan ______________

(Address of principal executive offices)  
         (Postal or Zip Code)



Registrant's telephone number, including area code: Taiwan: 886-916-456-210

USA: 203-844-0809



Securities registered pursuant to Section 12(b) of the Exchange Act: None



Securities registered pursuant to Section 12(g) of the Exchange
Act:

Common Stock, par value $.001 per share



Check whether the Issuer (1) filed all reports required to be
filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [x] No [ ]



Check if there is disclosure of delinquent filers in response
to Item 405 of Regulation S-B is not contained in this form, and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]



Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated
filer", " accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check
one):



Large accelerated filer [ ]     
      Accelerated filer [ ]



Non-accelerated filer [ ](Do not      Small reporting company [x]

check if smaller reporting company)





-1-











Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] No[x]



The issuer's revenues for the its most recent fiscal year: $0



The number of shares outstanding of the issuer's Common Stock,
$.001 par value, as of June 22, 2011 was 1,230,000 shares.



Documents Incorporated By Reference: See Part IV Item 15.



























































































-2-













TABLE OF CONTENTS

TO ANNUAL REPORT ON FORM 10-K

FOR YEAR ENDED March 11, 2011









|
|





|
|







Page

PART I

Item 1. Description of Business ---------------------------------
4

Item 1A. Risk Factors -------------------------------------------
4

Item 1B. Unresolved Staff Comments ------------------------------
8

Item 2. Description of Property ---------------------------------
8

Item 3. Legal Proceedings ---------------------------------------
8

Item 4. Reserved ------------------------------------------------
8



PART II

Item 5. Market for Registrant’s Common Equity and

related Stockholder Matters -------------------------------
8

Item 6. Selected Financial Data ---------------------------------
9

Item 7. Management’s Discussion and Analysis or Plan

of Operation ----------------------------------------------
9

Item 7A. Quantitative and Qualitative Disclosures About

Market Risk -----------------------------------------------10

Item 8. Financial Statements ----------------------------------- 10

Item 9. Changes in and Disagreements with Accountants on

Accounting and Financial Disclosures ----------------------10

Item 9A. Controls and Procedures -------------------------------
10



PART III

Item 10. Directors, Executive Officers of the Registrant -------
11

Item 11. Executive Compensation --------------------------------
12

Item 12. Security Ownership of Certain Beneficial

Ownership Management --------------------------------------13

Item 13. Certain Relationships and Related Transactions --------
13

Item 14. Principal Accountant Fees and Services ----------------
13



Part IV

Item 15. Exhibits ----------------------------------------------
14



Signatures -----------------------------------------------------
14

















(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK)





















-3-













FORWARD-LOOKING STATEMENTS



Subject to Section 21 E, of the exchange Act, this Annual Report
on Form 10-K contains forward-looking statements. The forward-looking statements are based on our current goals, plans, expectations,
assumptions, estimates and predictions regarding the Company.



When used in this Annual Report, the words "plan", "believes,"
"continues," "expects," "anticipates," "estimates," "intends", "should,"
"would," "could," or "may," and similar expressions are intended to identify forward looking statements.



Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results, events or growths to be materially different from any future
results, events or growths expressed or implied in this Annual Report.





PART I



Item 1: Description of Business:



USChina Taiwan Inc was incorporated in the State of Nevada on
December 18, 2009 by USChina Channel Inc., as a subsidiary, managed by Andrew Chien. On March 15, USChina Taiwan Inc separated
from USChina Channel Inc as an independent company, issued 90% of the outstanding common stock to Ching-Sang Hong, and elected
him as a sole member of the Board of Directors, and Andrew Chien resigned as a general manager.



Our office address from which we will conduct our business is
located at 16F-5, No. 78-17, Sec. 2 Zhong Gang Road Taichung, Taiwan, with telephone number: 886-916-456-210, and our USA office
is at 665 Ellsworth Avenue, New Haven, CT 06511 with telephone number 203-844-0809. Our website is at:



uschinachannel.net/index/USChina_Taiwan_Inc#item351611



which will continue in construction as the business development
going on.



The Company's business focuses on management and financial consulting
in Taiwan, and the Company's CEO: Ching-sang Hong, has engaged in similar business privately since 1998, and he plans to rebuild
his business in a public entity. This is because from private going public becomes a hot topic of the consulting business among
Taiwan entrepreneurs as more Taiwan entrepreneurs expanded their business into the Mainland of China and the Mainland of China
became the world's largest IPO Market in 2010. Although we don't have generated revenue yet, we are not a blank check company because
we have clear, practicable, and specific business strategy and plan to serve special customers – the underserved small to
middle sized Taiwan entrepreneurs who are in international business operation. Currently, we are actively developing our business
independently.



In Taiwan, we currently use the home of our sole director, Ching-Sang
Hong, rent-free as our office, 16F-5, No. 78-17, Sec. 2 Zhong Gang Rd. Taichung, Taiwan, and in USA we shared the office of USChina
Channel LLC, 665 Ellsworth Avenue, New Haven, CT 06511.



Item 1A. Risk Factors



An investment in our common stock involves a high degree of risk.
You should carefully consider the following risk factors and information provided in this annual report and other filings. If any
of the following risks actually occur, our business, financial condition, or results of operations could be materially and adversely
affected.



-4-







Risks Relating To Our Business



We have no operating history and even no any signed contract
at this time and our operating results are unpredictable.



We have no operation history. Since the Company's formation, we
have not realized any revenue yet. We do not have any signed contract with any customers at this time. There are no history data
or pending agreements upon which our investors could evaluate, estimate or predict our future revenue and profits. The likelihood
of our company's success must be considered in light of the risks, uncertainties, expenses and difficulties frequently encountered
by companies in the early stages of development.



We will incur increased costs as a result of being a public
company, including the adoption of Sarbanes-Oxley Act, which may not be affordable to us.



Rules adopted by SEC pursuant to Section 404 of Sarbanes-Oxley
require annual assessment of our internal control over financial reporting, and attestation of this assessment by the Company’s
independent registered public accountants. These requirements make us first to changes in corporate governance practices and to
develop an adequate internal accounting control to budget, forecast, manage and allocate our funds and account for them, while
simultaneously developing and organizing with our business. As a developing stage company, these new rules and regulations will
increase our legal, accounting and financial compliance costs and will require additional staff time. Since we have limited financial
resources and staff time, we may not be affordable of the increased costs, which ultimately could cause you to lose your investment.



Our auditors have raised substantial doubt about our ability
to continue as a going concern.



Because we do not have sufficient working capital necessary to
pursue our business objectives, our auditors have expressed their opinion that we may fail in the future if we do not generate
revenue and get profits soon. This opinion must be disclosed to all potential investors and other sources of capital, which may
adversely affect our ability to raise capital. Shareholders and creditors' confidence may be very low in evaluating our Company.
If we are successful in acquiring a loan or a line of credit, we may be charged a much higher interest rate because of our financial
condition.



Our only Director, Mr. Hong has limited financial capability,
and has to run additional business. He may be unable to devote his full time, or even honor all his financial commitment to the
Company, and eventually cause you to lose your investment if his outside business fails.



Mr. Hong, our President and sole Director, personally bears the
costs of bringing this company as a public entity, and bears the loan for the operation of this company. He has limited financial
capability, for example he recently took personal credit line of $200,000 from a bank to help him to cover his personal expenses,
including his personal investment in our company. Additionally, he is running other business to generate the income to support
his operating of this company. He owns Crown Assets Administrative LLC, a Taiwan registered company, and he is the Chief Secretary
of Ma-Friend organization, which was organized for the election of President Ma, Ying-Jeou, Republic of China (Taiwan). The activities
of his additional business may constantly occupy his time, which may result in interruptions or delays in our customer service
for our Company.



Mr. Hong's limited financial capability also may cause his unable
to even honor all his financial commitment with the Company, and eventually to cease the operation of our Company, and cause you
to lose all your investment.



We face strong competitors, which may force us out of business:



-5-







There are numerous competitions existing in Taiwan management
and financial consultation business: such as Abeam Taiwan, LADO Management Consultants Ltd., etc, which have greater financial
resources, longer operating history, brand name recognition, and superior marketing than us. We compete with them by targeting
an underserved market, which are small companies, typically managed by an owner personally or an owner’s family only, which
lacks the experience of running a stock cooperation or a public company. There is no guarantee that our strategy will work since
our company doesn't have operation history. Even if we have the clients in the future, the competitors' aggressive pricing may
greatly reduce our revenue and profits margin. We may never be success if we fail to compete with our competitors.



We have no business insurance; any unanticipated events or
expenses may hurt our business substantially.



We have no general liability or umbrella liability insurance to
cover legal hassles due to claims of negligence; no key person Insurance to protect our company from a key person dies, falls ill,
or leaves; no criminal insurance to protect us from theft and malicious damage. Any unanticipated events or expenses may hurt our
business substantially.



If we grant employees share options or other share-based compensation
in the future, our net income per share could be negatively affected.



If we are forced to pay employees or business cooperators with
stock, or stock options for services already performed, we may substantially reduce the worth of each share.



Our sole director controls our Company, which could result
in a lack of independence needed on certain issues and decisions, which impacting our shareholders.



Our sole director, Mr. Hong currently owns 90% of the outstanding
common stock, remaining in control of the Company. Although Mr. Hong is not party to any voting agreement, he will be able to exert
significant influence, or even authority, over matters requiring approval by our security holders, including the election of all
of our directors, control our operations, and inhibit your ability to change the Company's operations. Accordingly, our shareholders
will not have sufficient votes to cause the removal of Mr. Hong in his function as officer and director.



As a result, we lack independent directors, independent board
committees and an independent audit committee financial expert. There can be no assurance that Mr. Hong will be completely independent
in the decisions he makes as our sole director and/or principal stockholder that will ensure protection of the rights of other
stockholders who purchase our securities in this offering.



Such concentrated control of the Company may adversely affect
the price of our common stock in the event we merge with a third party or enter into a different transaction which requires shareholder
approval.



Operations outside the United States may be affected by different
local politics, business and cultural factors, different regulatory requirements and prohibitions between jurisdictions.



Operations outside the United States may be affected by different
local business and cultural factors, different regulatory requirements and prohibitions between jurisdictions, including the Foreign
Corrupt Practices Act and local laws prohibiting corrupt payments; and changes in regulatory requirements for financing activities.



We are working in the emerging markets (i.e. nations with social
or business activity in the process of rapid growth and industrialization). The developing nature of these emerging markets presents
a number of risks and uncertainties. For



-6-







example, after the new President Ma charged Taiwan government in 2008, his one China policy
(meaning no intention to separate Taiwan from Mainland of China permanently) greatly improved economy cooperation between Taiwan
and Mainland of China, and brings new economy development opportunities in Taiwan, which indicates that the political environment
has big influences on Taiwan's economy and our potential business. Any change of one china policy by the Taiwan government will
have negative effectiveness on our future.



Risks Related to Our Securities



We must comply with penny stock regulations, which could effect
the liquidity and price of our stock.



The SEC has adopted rules that regulate broker-dealer practices
in connection with transactions in "penny stocks." Penny stocks generally are equity securities with a price of less
than $5.00, other than securities registered on certain national securities exchanges or quoted on NASDAQ, provided that current
price and volume information with respect to transactions in such securities is provided by the exchange or system. Prior to a
transaction in a penny stock, a broker-dealer is required to: Deliver a standardized risk disclosure document prepared by the SEC;
Provide the customer with current bid and offers quotations for the penny stock; Explain the compensation of the broker-dealer
and its salesperson in the transaction; Provide monthly account statements showing the market value of each penny stock held in
the customer's account; Make a special written determination that the penny stock is a suitable investment for the purchaser and
receives the purchaser's consent; and Provide a written agreement to the transaction. These requirements may have the effect of
reducing the level of trading activity in the secondary market for our stock. Because our shares are subject to the penny stock
rules, you may find it more difficult to sell your shares.



We do not anticipate paying any cash dividends in the foreseeable
future, which may reduce your return on an investment in our common stock.



We do not plan to pay any cash dividends in the foreseeable future.
Any return on your investment would derive from an increase in the price of our stock, which may or may not occur.



There is no trading market for our common stock and quoting our
stock price on the Over-The-Counter Bulletin Board increases the volatility of our stock and makes it harder to sell our stock.



Our common stock is not eligible for trading on any stock exchange
and there can be no assurance that our common stock will achieve listing on any such exchange. Currently, our stock prices are
quoted on the Over-The-Counter Bulletin Board. The Bulletin Board tends to be highly illiquid, in part because there is no national
quotation system by which potential investors can track the market price of shares except through information received or generated
by a limited number of broker-dealers that make markets in particular stocks. There is a greater chance of market volatility for
securities that trade on the Bulletin Board as opposed to a national exchange or quotation system. This volatility may be caused
by a variety of factors, including:



a). The lack of readily available price quotations;

b). The absence of consistent administrative
supervision of "bid" and "ask" quotations;

c). Lower trading volume; and

d). Market conditions.



In a volatile market, you may experience wide fluctuations in
the market price of our securities. These fluctuations may have an extremely negative effect on the market price of our securities
and may prevent you from obtaining a market price equal to your purchase price when you attempt to sell our securities in the open



-7-







market. In these situations, you may be required to either sell our securities at a market price which is lower than your purchase
price, or to hold our securities for a longer period of time than you planned





Investors may suffer substantial dilution or an unrealized
loss of seniority in preferences and privileges if we need to seek additional funding in the future.



We have authorized 60 millions of shares with only about over
1 millions of shares outstanding. If we desire to raise additional capital in the future because we will experience losses, and
has little assets in our current operations, or we need to expand our operations, then we may have to issue additional equity,
preferred securities or convertible debt securities, which may not need the approval of current shareholders. The issuance of new
shares would cause the buyers in this offering to suffer dilution of their ownership percentage. The dilution may be substantial
because if maximum 60 millions would have issued, the dilution would be approximately fifty times, or the current shareholder's
ownership would reduced to about 1/50. In addition, it is possible that any future securities could grant new shareholders rights,
preferences, and/or privileges that are different from this offering.



Sales of the common stock by Mr. Hong may cause the market
price for the common stock to decrease.



A total of 1,102,500 shares of common stock was sold to Mr. Hong
at a price substantially less than the offering price of the shares being offered to investors in this offering. If he decides
to sell any of his common stock in the future, those sales may cause the market price of the common stock to decrease. However,
all of the shares of common stock owned by Mr. Hong are restricted securities as defined under Rule 144 of the Securities Act;
meaning his stock may be eligible for sale after a period of six month, subject to timing, limits of sale quantity, and sale restrictions.





Item 1B. Unresolved Staff Comments



None.



Item 2. Description of Property:



The Company does not own or lease offices or property of any kind.
Mr. Hong supplies the Company with office space and office equipment on rent-free.



Item 3. Legal Proceedings:



None.



Item 4. Reserved





PART II



Item 5. Market for Registrant’s Common Equity and related
Stockholder Matters.



a. Market Information.



Our common stock, par value $0.001, is listed on the Over-The-Counter
Bulletin Board ("OTCBB") under the symbol "UCHN". The trade price was about $2.00 with limited volume.



b. Holders



-8-







As of March 31, 2011, we had approximately 45 registered stockholders
of our common stock on record. This number includes shares held by brokerage clearing houses, depositories or otherwise in unregistered
form.



c. Dividends.



None.



d. Securities Authorized for Issuance under Equity Compensation



None.



e. Recent Sales of Unregistered Securities



On April 6, 2011, the company issued 5,000 restricted shares,
valued at $50 for outside services.





Item 6. Selected Financial Data





Financial Highlights($)







|__________________________________________________________________________________  
|------------------------------------------------------------------------------------
|Fiscal Year Ended March 31,                                                         
|                                                                                    
|Revenue                                                                             
|Income (Loss) from Operation                                                        
|Net Income (Loss)                                                                   
|Cash & Cash Equivalents                                                             
|Liabilities                                                                         
|Shareholder Equities                                                                
|____________________________________________________________________________________















Item 7. Management’s Discussion and Analysis or Plan of
Operation:



Since we are in the initial stages of developing our business,
there is no assurance that there will be sufficient demand for our services to allow us to operate profitably. Our auditors have
determined that we do not currently have sufficient working capital necessary to be successful. As a result, our auditors have
raised substantial doubt about our ability to continue. On March 31, 2011, the cash balance on hand for the Company was about $
7,215 including advanced payment of free-of-interests loan from Director of $5,985.



After the financial crisis, the service area for USA public and
China operated companies has a lot of change. China has become the world's largest IPO Market in 2010, and the quick development
of Chinese stock market makes USA market relative less attractive to Chinese (Taiwanese) operated companies. The new listing Chinese
companies for OTCBB have greatly reduced in past twelve months. Most companies are interested in immediately financing, and want
to list in NASDAQ, and they are reluctant to pay high front costs for USA public listing. On the other hand, some companies, whose
stock traded in OTCBB for a couple of years without any financing yet, complained about the high auditing fee and other maintenance
costs of the keeping public in USA. Some is willing to withdraw as OTCBB quoting in order to reduce the overhead costs.



However, we believe that this is just temporary barrier and the
financial ties between USA and China (Taiwan) will become close as the world economy migration trend continues. Our Chairman Mr.
Hong currently is, for most time, living and



-9-







working in mainland of China. His widely contact with Taiwanese entrepreneurs with
investment in Mainland of China will eventually build a good base for our company to develop.



Results of Operations for the Fiscal Year Ended March 31, 2011



We did not earn any revenues, and incurred operating income $4
contributed from interests minus immaterial costs for the year ended March 31, 2011, compared with operating expenses in the amount
of $29,985 for the year ended March 31, 2010, which were mainly used to the preparation of the registration statement.



We have not attained profitable operations and are dependent upon
existing financing to complete our proposed business plan. For these reasons, there is substantial doubt that we will be able to
continue as a going concern.



Off-Balance Sheet Arrangements:



None.



Item 7A. Quantitative and Qualitative Disclosures about Market
Risk



Interest Rates:



Our exposure to market risk for changes in interest rates relates
primarily to our short-term investments; thus, fluctuations in interest rates would not have a material impact on the fair value
of these securities. At March 31, 2011, we had approximately $ 7,215 in cash and cash equivalents.



Exchange Rates:



Recently, the general trend of the Exchange Rate of US dollar
(“USD”) to Taiwan Dollar (“TWD”) is decline. On March 31, 2011, 1 USD exchanging 29.5 TWD compared with
1 USD exchanging 32 TWD one year ago. The downtrend of US dollar increased the affordability of the potential Taiwanese (Chinese)
clients for paying various services in USA, and reduced their benefits if they got the financing amount in the US dollars.



Inflation:



We believe that inflation has not had a material effect on our
operations to date.





Item 8. Financial Statements





|Financial Statements as of March 31, 2011                  |      |  | Page
|---------------------------------------------------------- | ---- |  | ----
|                                                           |      |  |     
|Report of Independent Registered Public Accounting Firm    | F-1*
|Balance Sheets                                             | F-2 
|Statements of Operations                                   | F-3 
|Statements of Shareholder Equity                           | F-4 
|Statements of Cash Flows                                   | F-5 
|Condensed Notes to Consolidated Financial Statement ...... | F-6 
|•F-1 commences after the signature page of this report     |     







Item 9. Changes in and Disagreements with Accountants on Accounting
and Financial Disclosures



None.



Item 9A. Controls and Procedures



-10-







Evaluation of Disclosure Controls:



We evaluated the effectiveness of our disclosure controls and
procedures as of the end of the 2011 fiscal year. This evaluation was conducted with the participation of our chief executive officers
and our principal accounting officers.



Disclosure controls are controls and other procedures that are
designed

to ensure that information that we are required to disclose in
the reports we file pursuant to the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the
time periods specified in the Commission's rules and forms.



Evaluation of Internal Control Over Financial Reporting:

The management of the Company also is responsible for establishing
and maintaining adequate internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange
Act. A company's internal control over financial reporting is defined as a process designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally
accepted accounting principles. Our internal control over financial reporting includes those policies and procedures that (a) pertain
to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the
assets of the Company; (b) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial
statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the issuer are being
made only with proper authorizations; and (c) provide reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use or disposition of the Company's assets that could have a material effect on the financial statements.



Management, including the Chief Executive Officer and Chief Financial
Officer, does not expect that the Company's disclosure controls and internal controls will prevent all errors and all frauds. Because
of its inherent limitations, a system of internal control over financial reporting can provide only reasonable, not absolute, assurance
that the objectives of the control system are met and may not prevent or detect misstatements. Further, over time control may become
inadequate because of changes in conditions or the degree of compliance with the policies or procedures may deteriorate.



Conclusions:



Based upon their evaluation of our controls, the chief executive
officer and principal accounting officer have concluded that, subject to the limitations noted above, the disclosure controls are
effective providing reasonable assurance that material information relating to us is made known to management on a timely basis
during the period when our reports are being prepared. There were no changes in our internal controls that occurred during the
fiscal year covered by this report that have materially affected, or are reasonably likely to materially affect our internal controls.







PART III



Item 10. Directors, Executive Officers, Promoters and Control
Persons



All directors of our Company hold office until the next annual
meeting of the shareholders, or until their successors have been elected. The officers of our Company are appointed by our board
of directors and hold office until their death, resignation or removal from office. As of date of the report, our directors and
executive officers are listed below.













|Name            |    | Age |               | Term Served as |                      | Position with the |                            
|--------------- | -- | --- | ------------- | -------------- | -------------------- | ----------------- | ---------------------------
|                |    |     |               |                |                      |                   | Company(Director/Officer)  
|Ching-Sang Hong | 53 |     | March 2010    |                | Director, President, |                  
|                |    |     |               |                |                      |                   | Principal Executive Officer
|                |    |     |               |                |                      |                   | Treasurer, CFO,            
|                |    |     |               |                |                      |                   | Principal Accountant       
|                |    |     |               |                |                      |                   |                            
|Andrew Chien    | 66 |     | November 2010 |                | Secretary            |                   |                            





Ching-Sang Hong, 53, Chairman, CEO and CFO, currently most time
living in China and Taiwan. He is the owner of Crown Assets Administrative LLC, a business registered in Taiwan in 1998, engaging
in the business management consulting.

Since April 2008, he is the Chief Secretary of Ma-Friend organization,
which was organized for the election of President Ma, Ying-Jeou, Republic of China (Taiwan). From May 2001 to October 2007, he
was hired by Department of Marketing and Sales, Ford Motor Company, Dearborn, MI 48126 as a Customer Database Production Support
Manager. From March 2000 to May 2001, he was the vice president of international sale of City Network, Taipei Taiwan.



He got his Bachelor degree of Mechanical Engineering in National
Cheng-Kung University, Tainan, Taiwan, in May 1981 and finished his Master Degree of Computer Science in University of Texas at
El Paso, Texas, in July 1987.



Mr. Hong has engaged consultations since 1998, presenting a diverse
range of business, from hi-tech to general commercial goods, and he helped Taiwan entrepreneurs to sign cooperatively developing
projects with the companies or local governments of the Mainland of China.



He is well-traveled professional, has over twenty years of engaging
in international sales and marketing especially in Taiwan, Korea, Singapore and Mainland of China.



His working history and the dedicated enthusiasm to his career
make him a logical choice as our Director.



Andrew Chien, 66, financial consultant for reverse merger, or
SEC form filings; he formed USChina Venture I Inc and USChina Venture II Inc. Both are Form 10 volunteer reporting companies. He
was President & CFO of USChina Channel Inc from 2006 to December 31, 2010.which is quoted in OTCBB since 2008. He also owns
USChina Channel LLC, which was established in January 2006.



Code of Ethics



In March 2010, the Company adopted the Code of Ethics pursuant
to Item 406 of Regulation S-K, of which all our officers and employees are bound by.



The Code of ethics is intended to promote honest and ethical conduct,
full and accurate reporting, and compliance with the law. The full text of the Code of Ethics also posted in the Company's website:



uschinachannel.net/index/USChina_Taiwan_Inc#item351611



A printed copy of the Code of Ethics may be obtained free of charge
by writing to the Corporate Secretary at: 16F-5, No. 78-17, Sec. 2 Zhong Gang Road, Taichung, Taiwan; or 665 Ellsworth Avenue,
New Haven, CT 06511.



Item 11. Executive Compensation



-11-







To date, we have no employees other than our officers, Mr. Hong
and Mr. Chien. No officer or director has yet been paid any compensation, including any reimbursement. We currently have no formal
employment agreements or other contractual arrangements with our Officer and Director, or anyone else regarding the commitment
of time or the payment of salaries or other remuneration.



Mr. Hong will be compensated in the form of a service fee or charge
paid from revenues generated by the Company's customers. The amount of his service charge is based upon: (1) primary responsibilities,
(2) financial performance of the Company; (3) expected future financial performance of the Company and (4) any other factors that
are determined by the board of directors. The commencement of such compensation to Mr. Hong will also be determined at the discretion
of our board of directors. The primary consideration when determining the timing of payments to Mr. Hong, if any, will be the financial
condition of the Company. Specifically, we anticipate the board to authorize payment only when the Company realizes positive cash
flow in any quarterly fiscal period. Mr. Hong's service charge will not exceed $100,000 in any fiscal year.



At this time, we do not anticipate awarding stock options to anyone.



Item 12. Security Ownership of Certain Beneficial Ownership Management



We have issued shares to the following officers, directors, promoters,
and beneficial owners of more than 5% of our outstanding securities on March 31, 2011.









On March 15, 2010, Ching-Sang Hong signed a Financial Agreement
(c.f. Exhibition 10.01) with the Company, promising to loan the Company up to $70,000, without interest, to cover expenses incurred
for business operation.



Item 13. Certain Relationships and Related Transactions





|Name            | Number    |           | Percent of Class |  | Position with 
|--------------- | --------- | --------- | ---------------- |  | --------------
|                |           | Of Shares |                  |  |               
|                |           |           |                  |  |               
|Ching-Sang Hong | 1,102,500 |           | 90%              |  | President, CFO
|Andrew Chien    | 98,200    |           | 8%               |  | Secretary     
|                |           |           |                  |  |               
|Total :         | 1,200,700 |           | 98%              |  |               







Ching-Sang Hong’s advanced loan:



In May 2010, Mr. Hong advanced loan of $5,985 to the company for
operation purpose. Also, Mr. Hong has provided office space and furniture to the Company without any charges, and the Company neither
owns nor leases any real or personal property.



Item 14. Principal Accountant Fees and Services.



Audit Fees:



The fees billed by Kenne Ruan, CPA, P.C. for professional services
rendered for auditing the Company’s annual financial statements for the fiscal year ended March 31, 2011 were $1,500.



The fees billed by Kenne Ruan, CPA, P.C. for professional services
rendered for auditing the Company’s annual financial statements for the fiscal year ended March 31, 2011 were $1,500.



Audit related fees:

None



Tax Fees:

None



-12-







All Other Fees:

None



Pre-Approval Policies and Procedures:

All of the auditing and permissible non-auditing services were
approved in advance by the Board of Directors in accordance with its procedure. An estimate for the service to be performed should
be submitted to our Board of Directors by the accountants before they were engaged to perform particular services.



PART IV

Item 15. Exhibits.





|Exhibit |                           |  |     | Filed    |           | References In |            
|------- | ------------------------- |  | --- | -------- | --------- | ------------- | -----------
|No      | Description               |  |     | herewith | Form      | Exhibit       | Filing Date
|3.1     | Articles of Incorporation |  | S-1 | 3.01     | 3/17/2010 |              
|3.2     | Bylaws, as Amendment      |  |     | S-1/A    | 3.02      | 6/28/2010     |            
|10.01   | Loan Agreement            |  |     | S-1      | 10.01     | 3/17/2008     |            
|31      | Section 302 Certification |  |     |          |           |              
|        | of CEO & CFO              |  |     | X        |           |               |            
|32      | Section 906 Certification |  |     |          |           |              
|        | of CEO & CFO              |  |     | X        |           |               |            







Pursuant to the requirements of the Securities Exchange Act of
1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.



|      |               |  |  |  | USChina Taiwan Inc          
|----- | ------------- |  |  |  | ----------------------------
|      |               |  |  |  |                             
|Date: | June 22, 2011 |  |  |  | By: /s/ Ching-Sang Hong     
|      |               |  |  |  | Ching-Sang Hong             
|      |               |  |  |  | Principal Executive Officer 
|      |               |  |  |  | Principal Accounting Officer





| | 
| | 







In accordance with the Exchange Act, this report has been signed
below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.







|                        | Name                             |                                   |              | Title |  |  | Date
|----------------------- | -------------------------------- | --------------------------------- | ------------ | ----- |  |  | ----
|By: /s/ Ching-Sang Hong | Principal Executive Officer, CEO |                                  
|Ching-Sang Hong         |                                  | Principal Accounting Officer, CFO | June 22,2011











-13-













REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM



To the Board of Directors and

Stockholders of USChina Taiwan Inc.



We have audited the accompanying balance sheets of USChina Taiwan
Inc. (A Development Stage Company) as of March 31, 2011 and 2010, and the related statements of operations, stockholders' equity
and cash flows for each of the years of the two-year period ended March 31, 2011, and for the period from December 18, 2009 (inception)
to March 31, 2011. These financial statements are the responsibility of the company's management. Our responsibility is to express
an opinion on these financial statements based on our audit.



We conducted our audit in accordance with the standards of the
Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have,
nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of
internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances,
but not for the purpose of expressing an opinion on the effectiveness of the company's internal control over financial reporting.
Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management,
as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.



In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of USChina Taiwan Inc. (A Development Stage Company) as of March 31, 2011
and 2010, and the results of its operations and its cash flows for each of the years in the two-year period ended March 31, 2011,
and for the period from December 18, 2009 (inception) to March 31, 2011. in conformity with accounting principles generally accepted
in the United States of America.



The accompanying financial statements have been prepared assuming
that USChina Taiwan Inc. (A Development Stage Company) will continue as a going concern. As discussed in Note 3 to the financial
statements, USChina Taiwan Inc. (A Development Stage Company) has minimal operations, which raises substantial doubt about its
ability to continue as a going concern. Management's plans regarding those matters also are described in Note 3. The financial
statements do not include any adjustments that might result from the outcome of this uncertainty.



/s/Kenne Ruan, CPA, P.C.

Woodbridge, CT

June 14, 2011



























F-1









USChina Taiwan INC.

Balance Sheet

As of March 31, 2010 and 2011





|                                           |          |               |                   |          | 3/31/2011      |          | 3/31/2010
|------------------------------------------ | -------- | ------------- | ----------------- | -------- | -------------- | -------- | ---------
|                                           |          |               |                   |          | (audited)      |          | (audited)
|Assets                                     |          |               |                   |          |                |          |          
|Current Asset                              |          |               |                   |          |                |         
|Cash and Cash Equivalent                   |          |               | $      
    7,215 |          | $        1,225
|                                          
|Total Current Asset                        |          |               | $  7,215          |          | $  1,225      
|                                          
|Total Assets                               |          |               |                   | $  7,215 |                | $  1,225
|                                           |          |               |                   |          |                |          |          
|Liabilities and Shareholders' equity       |          |               |                  
|Current Liabilities:                       |          |               |                   |          |               
|Loan payable -
    related party           | $  5,985 |               | $      -         
|                                           |          |               |                   |          |                |          |          
|Long-term Debt                             |          |               |                   | $      - |                | $      -
|                                           |          |               |                   |          |                |          |          
|Total Liabilities                          |          |               |                   | $  5,985 |                |         
|                                           |          |               |                   |          |                |          |          
|Commitments and Contingencies              |          |               |                   |         
|Shareholders' Equity                       |          |               |                   |          |               
|Common stock and paid-in capital ---       |          |               |                  
|1,225,000 shares issued                    |          |               |                   |          |               
|with par value $0.001                      |          |               | $ 31,210          |          | $ 31,210      
|Deficit accumulated                        |          |               | $(29,981)         |          | $(29,985)     
|Total Shareholders' Equity                 |          |               | $  1,229          |          | $  1,225      
|                                           |          |               |                   |          |                |          |          
|Total Liabilities and Shareholders' Equity |          | $       7,214 |                   | $  1,225

































F-2

















USChina Taiwan INC.

Statements of Operations

For the Year Ended March 31, 2011 and 2010
and

From December 18, 2009 (Inception) Through
March 31, 2011







|                                         |              |             |             |             |             |             |            | From        
|---------------------------------------- | ------------ | ----------- | ----------- | ----------- | ----------- | ----------- | ---------- | ------------
|                                         |              |             |             | Year        |             | Year        |            | 12/18/2009  
|                                         |              |             |             | ended on    |             | ended on    |            | (Inception) 
|                                         |              |             |             | 3/31/2011   |             | 3/31/2011   |            | to:3/31/2011
|Revenue                                  |              |             |             | $         - |             | $         - |            | $       -   
|Cost of Revenue                          |              |             | $         - |             |             |             |           
|Gross Profits                            |              |             | $         - |             | $         - |             | $       - 
|                                         |              |             |             |             |             |             |            |             
|Operating expenses                       |              | $         - |             | $         - |             | $       -  
|Operating Expenses                       |              |             |             |             |             |            
|Selling expenses                         |              | $         - |             |             |             |            
|General and administrative expenses      | $        12  |             | $  29,985   |             | $  29,997  
|Research and development costs           |              |             |             |             |            
|Total Operating Expenses                 |              | $         - |             |             |             |            
|                                         |              |             |             |             |             |             |            |             
|Income (loss) from Operation             | $       (12) |             | $ (29,985)  |             | $ (29,997) 
|                                         |              |             |             |             |             |             |            |             
|Other income (expenses)                  |              | $         - |             | $         - |             | $       -  
|Interests income (expenses)              | $        16  |             | $         - |             | $      16  
|Income tax                               |              |             | $         - |             | $         - |             | $       - 
|                                         |              |             |             |             |             |             |            |             
|Net income (loss)                        |              |             | $         4 |             | $         - |             | $ (29,981)
|                                         |              |             |             |             |             |             |            |             
|Net earning per share                    |              |             |             |             |             |            
|Basic and diluted                        |              | $         - |             | $   (0.02)  |             | $   (0.02) 
|                                         |              |             |             |             |             |             |            |             
|Weighted Average Number of Common Shares |              |             |             |            
|Basic                                    |              |             | 1,225,000   |             | 1,225,000   |             | 1,225,000 
|Diluted                                  |              |             | 1,225,000   |             | 1,225,000   |             | 1,225,000 





























F-3















USChina Taiwan INC.

Statements of Changes In Stockholders'
Equity

For Years Ended March 31, 2010 and 2011







|                         | Common    |  | Paid-in   | Profits                    |                              
|------------------------ | --------- |  | --------- | -------------------------- | -----------------------------
|                         | Shares    |  | Capital   | (Loss)                     | Total                        
|                         |           |  |           |                            |                              
|Issuance of Common Stock | 1,225,000 |  | $  31,210 |                            | $                  31,210    
|                         |           |  |           |                            |                              
|Net Profits (Loss)       |           |  |           | $            (29,985)      | $                           -
|                         |           |  |           |                            |                              
|Balance, March 31, 2010  | 1,225,000 |  | $  31,210 | $            (29,985)      | $                  1,225     
|                         |           |  |           |                            |                              
|Net Profits (Loss)       |           |  |           | $                        4 |                              
|                         |           |  |           |                            |                              
|Balance, March 31, 2011  | 1,225,000 |  | $  31,210 | $            (29,981)      | $                  1,229     











































































F-4















USChina Taiwan INC.

Statements of Cash Flow

For the Year Ended March 31, 2011 and 2010
and

From December 18, 2009 (Inception) Through
March 31, 2011









|                                          |         |         |            |           |              |             |              | From          
|----------------------------------------- | ------- | ------- | ---------- | --------- | ------------ | ----------- | ------------ | --------------
|                                          |         |         |            | Year      |              | Year        |              | 12/18/09      
|                                          |         |         |            | Ended     |              | Ended       |              | (Inception) to
|                                          |         |         |            | 3/31/2011 |              | 3/31/2010   |              | 3/31/2011     
|Cash Flow from operating activities       |         |         |            |           |             
|Net Income (Loss)                         |         |         | $     4    |           | $(29,985)    |             | $   (29,981)
|                                          |         |         |            |           |              |             |              |               
|Net cash provided by operating activities | $     4 |         | $(29,985)  |           | $   (29,981)
|                                          |         |         |            |           |              |             |              |               
|Cash flows from investing activities      |         |         |            |           | $         - 
|                                          |         |         |            |           |              |             |              |               
|Cash flows from financing activities      |         |         |            |           |             
|Proceeds from loan payable                | $ 5,985 |         |            |           | $     5,985 
|                                          |         |         |            |           |              |             |              |               
|Proceeds from sale of common stock        |         |         | $   31,210 |           | $    31,210 
|Net cash provided by financing activities | $ 5,985 |         | $   31,210 |           | $    37,195 
|                                          |         |         |            |           |              |             |              |               
|Increase (decrease) in cash               |         |         |            |           |             
|Cash, beginning at the period             | $ 1,225 |         | 0          |           | $         - 
|Cash, end at the period                   | $ 7,215 |         | $    1,225 |           | $     7,215 
|                                          |         |         |            |           |              |             |              |               
|Supplemental Cash Flow Information:       |         |         |            |           |             
|Interests paid:                           |         | $     - |            |           |              | $         -





































F-5











USChina Taiwan Inc.

NOTES TO FINANCIAL STATEMENTS

March 31, 2011



1. ORGANIZATIONS AND DESCRIPTION OF BUSINESS



USChina Taiwan Inc was incorporated in Nevada on December 18,
2009, under the laws of the State of Nevada, for the purpose of providing management consulting services to the small or median
sized private companies in the Taiwan that want to look for business partners, or agencies, or financing resources, or to become
public through IPO or reverse merger in the United States, or Canada.



The Company was a subsidiary of USChina Channel Inc., and spun
off on March 15, 2010.



The Company is in the development stage with minimal operations.



2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



Basis of Accounting



The accompanying audited financial statements and related notes
have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”)
for annual financial information, and with the rules and regulations of SEC to Form 10-K and Article 8 of Regulation S-X.



The Company selected March 31 as year-end.



Development Stage Company



The Company is a development stage company as defined by section
915-10-20 of the FASB Accounting Standards Codification. The Company has recognized no revenue since inception, and is still devoting
substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses
accumulated since inception, have been considered as part of the Company’s development stage activities.



Estimates



The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the
date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results
could differ from those estimates.



Cash Equivalents



The Company considers all highly liquid investments with maturity
of three months or less when purchased to be cash equivalents.



Fair Value of Financial Instruments



The Company follows paragraph 825-10-50-10 of the FASB Accounting
Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting
Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph
820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States
of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair
value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs
to



F-6







valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority
to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs.
The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:



•Level 1 Quoted market prices available in active
markets for identical assets or liabilities as of the reporting date.

•Level 2 Pricing inputs other than quoted prices
in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.

•Level 3 Pricing inputs that are generally unobservable
inputs and not corroborated by market data.



The Company does not have any assets or liabilities measured at
fair value on a recurring or a non-recurring basis, consequently, the Company did not have any fair value adjustments for financial
assets and liabilities measured at fair value at March 31, 2011, nor gains or losses are reported in the statement of operations
that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting
date for the period from December 18, 2009 (inception) through March 31, 2011.



Revenue Recognition



The Company will apply paragraph 605-10-S99-1 of the FASB Accounting
Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned.
The Company will consider revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive
evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii)
the sales price is fixed or determinable, and (iv) collectability is reasonably assured.



Income Taxes



The Company will account for income taxes under Section 740-10-30
of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based upon differences
between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that
will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the
extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities
are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are
expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in
the statements of operations in the period that includes the enactment date.



The Company adopted section 740-10-25 of the FASB Accounting Standards
Codification (“Section 740-10-25”). Section 740-10-25 addresses the determination of whether tax benefits claimed or
expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may
recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained
on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial
statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood
of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest
and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments
to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.



F-7







Net Loss Per Common Share



Net loss per common share is computed pursuant to section 260-10-45
of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by the weighted average
number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by
the weighted average number of shares of common stock and potentially outstanding shares of common stock during each period. There
were no potentially dilutive shares outstanding as of March 31, 2011.





Recently Issued Accounting Standards



In June 2009, the FASB approved the “FASB Accounting Standards
Codification” (the “Codification”) as the single source of authoritative nongovernmental U.S. GAAP to be launched
on July 1, 2009. The Codification does not change current U.S. GAAP, but is intended to simplify user access to all authoritative
U.S. GAAP by providing all the authoritative literature related to a particular topic in one place. All existing accounting standard
documents will be superseded and all other accounting literature not included in the Codification will be considered non-authoritative.
The Codification is effective for interim and annual periods ending after September 15, 2009. The adoption did not have a material
impact on the Company’s financial position, results of operations or cash flows.



In August 2009, the FASB issued the FASB Accounting Standards
Update No. 2009-04, Accounting for Redeemable Equity Instruments - Amendment to Section 480-10-S99, which represents an update
to section 480-10-S99, distinguishing liabilities from equity, per EITF Topic D-98, Classification and Measurement of Redeemable
Securities. The Company does not expect the adoption of this update to have a material impact on its consolidated financial position,
results of operations or cash flows.



In August 2009, the FASB issued the FASB Accounting Standards
Update No. 2009-05, Fair Value Measurement and Disclosures Topic 820 – Measuring Liabilities at Fair Value, which provides
amendments to subtopic 820-10, Fair Value Measurements and Disclosures – Overall, for the fair value measurement of liabilities.
This Update provides clarification that in circumstances in which a quoted price in an active market for the identical liability
is not available, a reporting entity is required to measure fair value using one or more of the following techniques: 1. A valuation
technique that uses: a. The quoted price of the identical liability when traded as an asset b. Quoted prices for similar liabilities
or similar liabilities when traded as assets. 2. Another valuation technique that is consistent with the principles of topic 820;
two examples would be an income approach, such as a present value technique, or a market approach, such as a technique that is
based on the amount at the measurement date that the reporting entity would pay to transfer the identical liability or would receive
to enter into the identical liability. The amendments in this Update also clarify that when estimating the fair value of a liability,
a reporting entity is not required to include a separate input or adjustment to other inputs relating to the existence of a restriction
that prevents the transfer of the liability. The amendments in this Update also clarify that both a quoted price in an active market
for the identical liability when traded as an asset in an active market when no adjustments to the quoted price of the asset are
required are Level 1 fair value measurements. The Company does not expect the adoption of this update to have a material impact
on its consolidated financial position, results of operations or cash flows.



In September 2009, the FASB issued the FASB Accounting Standards
Update No. 2009-08, Earnings Per Share – Amendments to Section 260-10-S99, which represents technical corrections to topic
260-10-S99, Earnings per share, based on EITF Topic D-53, Computation of Earnings Per Share for a Period that includes a Redemption
or an Induced Conversion of a Portion of a Class of Preferred Stock and EITF Topic D-42, The Effect of the Calculation of Earnings
per Share for the Redemption or



F-8







Induced Conversion of Preferred Stock. The Company does not expect the adoption of this update
to have a material impact on its consolidated financial position, results of operations or cash flows.



In September 2009, the FASB issued the FASB Accounting Standards
Update No. 2009-12, Fair Value Measurements and Disclosures Topic 820 – Investment in Certain Entities That Calculate Net
Assets Value Per Share (or Its Equivalent), which provides amendments to Subtopic 820-10, Fair Value Measurements and Disclosures-Overall,
for the fair value measurement of investments in certain entities that calculate net asset value per share (or its equivalent).
The amendments in this Update permit, as a practical expedient, a reporting entity to measure the fair value of an investment that
is within the scope of the amendments in this Update on the basis of the net asset value per share of the investment (or its equivalent)
if the net asset value of the investment (or its equivalent) is calculated in a manner consistent with the measurement principles
of Topic 946 as of the reporting entity’s measurement date, including measurement of all or substantially all of the underlying
investments of the investee in accordance with Topic 820. The amendments in this Update also require disclosures by major category
of investment about the attributes of investments within the scope of the amendments in this Update, such as the nature of any
restrictions on the investor’s ability to redeem its investments at the measurement date, any unfunded commitments (for example,
a contractual commitment by the investor to invest a specified amount of additional capital at a future date to fund investments
that will be make by the investee), and the investment strategies of the investees. The major category of investment is required
to be determined on the basis of the nature and risks of the investment in a manner consistent with the guidance for major security
types in U.S. GAAP on investments in debt and equity securities in paragraph 320-10-50-1B. The disclosures are required for all
investments within the scope of the amendments in this Update regardless of whether the fair value of the investment is measured
using the practical expedient. The Company does not expect the adoption to have a material impact on its consolidated financial
position, results of operations or cash flows.



In January 2010, the FASB issued the FASB Accounting Standards
Update No. 2010-01 Equity Topic 505 – Accounting for Distributions to Shareholders with Components of Stock and Cash, which
clarify that the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a potential
limitation on the total amount of cash that all shareholders can elect to receive in the aggregate is considered a share issuance
that is reflected in EPS prospectively and is not a stock dividend for purposes of applying Topics 505 and 260 (Equity and Earnings
Per Share (“EPS”)). Those distributions should be accounted for and included in EPS calculations in accordance with
paragraphs 480-10-25-14 and 260-10-45-45 through 45-47 of the FASB Accounting Standards codification. The amendments in this Update
also provide a technical correction to the Accounting Standards Codification. The correction moves guidance that was previously
included in the Overview and Background Section to the definition of a stock dividend in the Master Glossary. That guidance indicates
that a stock dividend takes nothing from the property of the corporation and adds nothing to the interests of the stockholders.
It also indicates that the proportional interest of each shareholder remains the same, and is a key factor to consider in determining
whether a distribution is a stock dividend.



In January 2010, the FASB issued the FASB Accounting Standards
Update No. 2010-02 Consolidation Topic 810 – Accounting and Reporting for Decreases in Ownership of a Subsidiary –
a Scope Clarification, which provides amendments to Subtopic 810-10 and related guidance within U.S. GAAP to clarify that the scope
of the decrease in ownership provisions of the Subtopic and related guidance applies to the following:





•A subsidiary or group of assets that is a business
or nonprofit activity



F-9







•A subsidiary that is a business or nonprofit activity
that is transferred to an equity method investee or joint venture

•An exchange of a group of assets that constitutes
a business or nonprofit activity for a noncontrolling interest in an entity (including an equity method investee or joint venture).



The amendments in this Update also clarify that the decrease in
ownership guidance in Subtopic 810-10 does not apply to the following transactions even if they involve businesses:



•Sales of in substance real estate. Entities should
apply the sale of real estate guidance in Subtopics 360-20 (Property, Plant, and Equipment) and 976-605 (Retail/Land) to such transactions.

•Conveyances of oil and gas mineral rights. Entities
should apply the mineral property conveyance and related transactions guidance in Subtopic 932-360 (Oil and Gas-Property, Plant,
and Equipment) to such transactions.



If a decrease in ownership occurs in a subsidiary that is not
a business or nonprofit activity, an entity first needs to consider whether the substance of the transaction causing the decrease
in ownership is addressed in other U.S. GAAP, such as transfers of financial assets, revenue recognition, exchanges of nonmonetary
assets, sales of in substance real estate, or conveyances of oil and gas mineral rights, and apply that guidance as applicable.
If no other guidance exists, an entity should apply the guidance in Subtopic 810-10.



Management does not believe that any other recently issued, but
not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial
statements.



3. GOING CONCERN



The accompanying financial statements are presented on a going
concern basis. The Company had minimal operations during the period from December 18, 2009 (date of inception) to March 31, 2011
and generated no revenues with operation loss of $29,981, or $(0.02) per share, and the Company's current asset of $1,229 is not
sufficient to cover the operating expenses for the next twelve months. This condition raises substantial doubt about the Company's
ability to continue as a going concern. Continuation of the Company as a going concern is dependent upon obtaining additional working
capital. Management believes that the Company will be able to operate for the coming year by obtaining additional financial responsibilities
from Mr. Ching-Sang Hong, the President and CFO of the company, and from other sources of equity funding.



4. WARRANTS AND OPTIONS



There are no warrants or options outstanding to acquire any additional
shares of common stocks.



5. RELATED PARTY TRANSACTIONS



Ching-Sang Hong, President of the Company, deposited $5,985 cash
in the bank account on May 25, 2010 as part of his free-of-interests loan to support the company for operation.



6. INCOME TAXES





|                     |                                  |  |         |           | As of March 31, 2011
|-------------------- | -------------------------------- |  | ------- | --------- | --------------------
|Deferred tax assets: |                                  |  |         |          
|                     | Net operating tax carry forwards |  | $29,981
|                     | Other                            |  |         |           |                     
|                     | Valuation allowance              |  |         | ($29,981)
|                     | Net deferred tax assets          |  |         | $     -  











Realization of deferred tax assets is dependent upon sufficient
future taxable income during the period that deductible temporary differences and carry-forwards are expected to be available to
reduce taxable income. As the achievement of required future taxable income is uncertain, the Company recorded a valuation allowance.



7. NET OPERATING LOSSES



As of March 31, 2011, the Company has a net operating loss carryforward
of $(29,981) or $(0.02) per share. Net operating loss carryforward expires twenty years from the date the loss was incurred.



8. STOCK TRANSACTIONS



On April 6, 2011, the company issued 5,000 restricted shares,
valued at $50  which was paid for outside services.



9. STOCKHOLDERS' EQUITY



The stockholders' equity section of the Company contains the following
classes of capital stock as of March 31, 2011:



Common stock, $0.001 par value; 60,000,000 shares authorized;
1,225,000 shares issued and outstanding.

































F-10