DSwiss (DQWS) 10-Q14 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Cover

Cover	6 Months Ended
Cover	Jun. 30, 2023 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	333-208083
Entity Registrant Name	DSwiss, Inc.
Entity Central Index Key	0001652561
Entity Tax Identification Number	47-4215595
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Unit 18-11, 18-12 & 18-01, Tower A, Vertical Business Suite
Entity Address, Address Line Two	Avenue 3, Bangsar South
Entity Address, Address Line Three	No.8 Jalan Kerinchi
Entity Address, City or Town	Kuala Lumpur
Entity Address, Country	MY
Entity Address, Postal Zip Code	59200
City Area Code	(603)
Local Phone Number	2770-4032
Title of 12(b) Security	Common Stock
Trading Symbol	DQWS
Entity Current Reporting Status	Yes
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	206,904,585

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2023		Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 113,543		$ 214,269
Accounts receivable	87,081		17,492
Other receivables, prepaid expenses and deposit	19,330		21,749
Tax recoverable	705		745
Inventories	4,378		7,483
Total Current Assets	225,037		261,738
NON-CURRENT ASSETS
Plant and equipment, net	54,472		72,179
Intangible assets, net	2,932		3,459
Operating lease right -of-use, net	21,354		44,548
Total Non-Current Assets	78,758		120,186
TOTAL ASSETS	303,795	[1]	381,924
CURRENT LIABILITIES
Accounts payable	48,092		29,539
Other payables and accrued liabilities	137,495		154,710
Finance lease liability	7,895		16,515
Operating lease liability	21,354		44,548
Total Current Liabilities	214,836		245,312
NON- CURRENT LIABILITIES
Finance lease liability	36,381		38,461
Total non-current liabilities	36,381		38,461
TOTAL LIABILITIES	251,217		283,773
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding
Common stock, $0.0001 par value, 600,000,000 shares authorized, 206,904,585 shares issued and outstanding as of June 30, 2023 and December 31, 2022 respectively	20,690		20,690
Additional paid-in capital	1,395,426		1,395,426
Accumulated other comprehensive income/(loss)	26,006		(5,846)
Accumulated deficit	(1,389,544)		(1,324,002)
TOTAL DSWISS, INC. STOCKHOLDERS’ EQUITY	52,578		86,268
NON-CONTROLLING INTEREST			11,883
TOTAL STOCKHOLDERS’ EQUITY	52,578		98,151
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 303,795		$ 381,924

[1]Revenues and costs are attributed to countries based on the location of customers.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	206,904,585	206,904,585
Common stock, shares outstanding	206,904,585	206,904,585

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023		Jun. 30, 2022
Income Statement [Abstract]
REVENUE	$ 355,274	$ 739,595	$ 621,195	[1]	$ 1,187,232	[1]
COST OF REVENUE	(263,561)	(663,012)	(447,498)	[1]	(995,387)	[1]
GROSS PROFIT	91,713	76,583	173,697		191,845
OTHER INCOME	1,574	709	3,078		5,393
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	(93,259)	(83,902)	(181,058)		(156,241)
OPERATING EXPENSES	(380)	(348)	(794)		(788)
FINANCE COST	(817)	(1,615)	(1,868)		(3,644)
LEASE EXPENSES	(10,670)	(10,564)	(21,646)		(21,437)
(LOSS)/PROFIT BEFORE INCOME TAX	(11,839)	(19,137)	(28,591)	[1]	15,128	[1]
TAXATION	(164)		(335)
NET (LOSS)/PROFIT	(12,003)	(19,137)	(28,926)		15,128
Non-Controlling Interest		8,281			4,924
Other comprehensive (loss)/income
- Foreign currency translation adjustment	(11,054)	(4,327)	31,852		(5,024)
TOTAL COMPREHENSIVE (LOSS)/INCOME	$ (23,057)	$ (15,183)	$ 2,926		$ 15,028
Net (loss)/ income per share, basic	$ (0.0001)	$ (0.00007)	$ 0.00001		$ 0.000007
Net (loss)/ income per share, diluted	$ (0.0001)	$ (0.00007)	$ 0.00001		$ 0.000007
Weighted average number of common shares outstanding, basic	206,904,585	206,904,585	206,904,585		206,904,585
Weighted average number of common shares outstanding, diluted	206,904,585	206,904,585	206,904,585		206,904,585

[1]Revenues and costs are attributed to countries based on the location of customers.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2021	$ 20,690	$ 1,395,426	$ (32,985)	$ (1,309,711)	$ 589	$ 74,009
Balance, shares at Dec. 31, 2021	206,904,585
Foreign currency translation adjustment			(5,024)		106	(4,918)
Net profit/(loss)				20,052	(4,924)	15,128
Balance at Jun. 30, 2022	$ 20,690	1,395,426	(38,009)	(1,289,659)	(4,229)	84,219
Balance, shares at Jun. 30, 2022	206,904,585
Balance at Dec. 31, 2022	$ 20,690	1,395,426	(5,846)	(1,324,002)	11,883	98,151
Balance, shares at Dec. 31, 2022	206,904,585
Foreign currency translation adjustment			31,852			31,852
Changes in ownership interests in an associate				(36,616)	(11,883)	(48,499)
Net profit/(loss)				(28,926)		(28,926)
Balance at Jun. 30, 2023	$ 20,690	$ 1,395,426	$ 26,006	$ (1,389,544)		$ 52,578
Balance, shares at Jun. 30, 2023	206,904,585

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)/profit before income tax	[1]	$ (28,591)	$ 15,128
Adjustments to reconcile net (loss)/profit to net cash (used in)/generated from operating activities:
Depreciation and amortization		36,022	37,129
Amortization for intangible assets		514	515
Changes in operating assets and liabilities:
Accounts payable		20,150	24,332
Accounts receivable		(70,535)	(27,479)
Other payables and accrued liabilities		(11,582)	(3,917)
Inventories		2,700	4,490
Other receivables, prepaid expenses and deposits		1,243	3,361
Lease liabilities		(20,786)	(21,612)
Right of use			761
Tax payable			340
Cash (used in)/generated from operations		(70,865)	33,048
Tax paid		(335)	(494)
Reversal of deferred tax liabilities			(1,927)
Net cash (used in)/generated from operating activities		(71,200)	30,627
CASH FLOWS FROM INVESTING ACTIVITY:
Purchase of plant and equipment			(6,903)
Net cash used in investing activity			(6,903)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of finance lease		(7,727)	(7,690)
Net cash used in financing activities		(7,727)	(7,690)
Effect of exchange rate changes on cash and cash equivalent		(21,799)	(12,424)
Net (decrease)/increase in cash and cash equivalents		(100,726)	3,610
Cash and cash equivalents, beginning of period		214,269	234,546
CASH AND CASH EQUIVALENTS, END OF PERIOD		113,543	238,156
SUPPLEMENTAL CASH FLOWS INFORMATION
Income taxes paid		(335)	(494)
Interest paid		$ (414)	$ (433)

[1]Revenues and costs are attributed to countries based on the location of customers.

DESCRIPTION OF BUSINESS AND ORG

DESCRIPTION OF BUSINESS AND ORGANIZATION	6 Months Ended
DESCRIPTION OF BUSINESS AND ORGANIZATION	Jun. 30, 2023
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND ORGANIZATION	1. DESCRIPTION OF BUSINESS AND ORGANIZATION DSwiss, Inc. is organized as a Nevada limited liability company, incorporated on May 28, 2015. For the purposes of financial statement presentation, DSwiss, Inc. and its subsidiaries are herein referred to as “the Company” or “we”. The principal activity of the Company is premier biotech-nutraceutical, beauty supplies, and medical consumables supplies. The Company sells medical consumable supplies, food supplements, skincare, and other related beauty products in Malaysia and around the ASEAN region. We are globally recognized Turnkey Private Label Manufacturing Services for nutraceutical and skincare OEM/ODM products. Our professionals manage from custom formulation of scientifically proven and naturally effective, sourcing raw materials, production, quality control, stability, and safety test, clinical testing by third-party labs, packaging, and shipping, including import and export. Our manufacturing facilities which compliant with GMP (Good Manufacturing Practise), FDA (Food Drug Association), HACCP (Hazard Analysis and Critical Control Point), JAKIM HALAL, and Mesti. The accompanying unaudited condensed consolidated financial statements of DSwiss, Inc. at June 30, 2023 and 2022 have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial statements, instructions to Form 10-Q, and Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our annual report on Form 10-K for the year ended December 31, 2022. In management’s opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation to make our financial statements not misleading have been included. The results of operations for the periods ended June 30, 2023 and 2022 presented are not necessarily indicative of the results to be expected for the full year. The December 31, 2022 balance sheet has been derived from our audited financial statements included in our annual report on Form 10-K for the year ended December 31, 2022. We have historically conducted our business through DSwiss Sdn Bhd, a private limited liability company, incorporated in Malaysia. DSwiss Holding Limited, incorporated in Seychelles, is an investment holding company with 100 100 We have invested in DSwiss Biotech Sdn Bhd, a Company incorporated in Malaysia, and owned 40 On January 18, 2023, DSwiss (HK) Limited acquired 150,000 60 The Company, through its subsidiaries, mainly supplies high quality beauty products. Details of the Company’s subsidiaries: SCHEDULE OF VARIABLE INTEREST ENTITY Company name Place and date Particulars of issued Principal activities Proportional 1. DSwiss Holding Limited Seychelles May 28, 2015 1 share of ordinary share of US$1 each Investment holding 100 % 2. DSwiss (HK) Limited Hong Kong May 28, 2015 1 share of ordinary share of HK$1 each Supply of beauty products 100 % 3. DSwiss Sdn Bhd Malaysia March 10, 2011 2 shares of ordinary share of RM 1 each Supply of beauty products 100 % 4. DSwiss Biotech Sdn Bhd Malaysia March 17, 2016 250,000 shares of ordinary share of RM 1 each Supply of biotech products 100 % DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, for the period ended June 30, 2023, the Company incurred a net loss of $ 28,926 1,389,544 71,200 The Company’s ability to continue as a going concern is dependent upon improving its profitability and the continuing financial support from its shareholders. Management believes the existing shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing. Basis of presentation The accompanying condensed consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). Basis of consolidation The condensed consolidated financial statements include the accounts of the Company and its subsidiaries in which the Company is the primary beneficiary. All inter-company accounts and transactions have been eliminated upon consolidation. Use of estimates In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets, and revenues and expenses during the periods reported. Actual results may differ from these estimates. Revenue recognition The Company follows the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts Revenue from trading of retail goods is recognized when title and risk of loss are transferred and there are no continuing obligations to the customer. Title and the risks and rewards of ownership transfer to and accepted by the customer when the products are collected by the customer at the Company’s office. Revenue is recorded net of sales discounts, returns, allowances, and other adjustments that are based upon management’s best estimates and historical experience and are provided for in the same period as the related revenues are recorded. The Company mainly derives its revenue from the sale of healthy food products. Generally, the Company recognizes revenue when OEM, Home brand and medical consumables product are sold and accepted by the customers and there are no continuing obligations to the customer. Cost of revenue Cost of revenue includes the purchase cost of retail goods for re-sale to customers and packing materials (such as boxes). It excludes purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs and other costs of distribution network in cost of revenues. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) Selling and distribution expenses Selling and distribution expenses are primarily comprised of travelling and accommodation, transportation fees such as petrol, toll and parking and shipping and handling fees. Cash and cash equivalents The Company consider all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalent. Inventories Inventories consisting of products available for sell, are stated at the lower of cost or market value. Cost of inventory is determined using the first-in, first-out (FIFO) method. Inventory reserve is recorded to write down the cost of inventory to the estimated market value due to slow-moving merchandise and damaged goods, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased. Write downs are recorded in cost of revenues in the Condensed Consolidated Statements of Operations and Comprehensive Income. Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated on the straight-line method over their estimated useful lives or lease terms generally as follows: SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE Classification Estimated useful lives Computer and software 5 Furniture and fittings 5 Office equipment 10 Motor vehicle 5 Intangible assets Intangible assets are stated at cost less accumulated amortization. Intangible assets represented the registration costs of trademarks in Malaysia and Hong Kong, which are amortized on a straight-line basis over a useful life of ten years The Company follows ASC Topic 350 in accounting for intangible assets, which requires impairment losses to be recorded when indicators of impairment are present and the undiscounted cash flows estimated to be generated by the assets are less than the assets’ carrying amounts. There were no Leases Prior to November 1, 2019, the Company accounted for leases under ASC 840, Accounting for Leases Leases, Income taxes The provision of income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% The Company conducts much of its businesses activities in Hong Kong and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file separate tax returns that are subject to examination by the foreign tax authorities. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) Net income/(loss) per share The Company calculates net income/(loss) per share in accordance with ASC Topic 260, “Earnings per Share.” Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the Condensed Consolidated Statements of Operations and Comprehensive Income. The reporting currency of the Company is United States Dollars (“US$”) and the accompanying financial statements have been expressed in US$. In addition, the Company’s subsidiaries and VIEs in Malaysia and Hong Kong maintains their books and record in their local currency, Ringgits Malaysia (“RM”) and Hong Kong Dollars (“HK$”) respectively, which is functional currency as being the primary currency of the economic environment in which the entity operates. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement” Translation of amounts from RM into US$1 and HK$ into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCIES TRANSLATION As of and for the six months ended 2023 2022 Period-end RM : US$1 exchange rate 4.67 4.41 Period-average RM : US$1 exchange rate 4.45 4.29 Period-end HK$ : US$1 exchange rate 7.84 7.85 Period-average HK$ : US$1 exchange rate 7.84 7.83 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. Fair value of financial instruments The carrying value of the Company’s financial instruments: cash and cash equivalents, accounts receivable, deposits, accounts payable, other payables, and accounts payable approximate at their fair values because of the short-term nature of these financial instruments. The Company also follows the guidance of the ASC Topic 820-10, “ Fair Value Measurements and Disclosures Level 1 Level 2 Level 3 Segment reporting ASC Topic 280, “ Segment Reporting three Recently Adopted Accounting Standards In June 2016, the FASB issued Accounting Standards Update No. 2016-13, Financial Instruments – Credit Losses (Topics 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for the measurement of credit losses on financial assets measured at amortized cost basis, replacing the previous incurred loss methodology. In November 2019, the FASB issued ASU 2019-10 highlighted the adoption timeline. For smaller reporting entities, Topic 326 is effective for annual periods beginning after December 15, 2022, including interim period within those fiscal years, of which is effective for the Company on January 1, 2023 as the Company is qualified as a smaller reporting company. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Credit loss rate is determined by historical collection based on aging schedule, adjusted for current conditions using reasonable and supportable forecast. Based on the aging categorization and the adjusted loss per category, an allowance for credit losses is calculated by multiplying the adjusted loss rate with the amortized cost in the respective age category. Recently Issued Accounting Standard The Company reviews new accounting standards as issued. Management has not identified any other new standards that is believes will have a significant impact on the Company’s financial statements. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

VIE STRUCTURE AND ARRANGEMENTS

VIE STRUCTURE AND ARRANGEMENTS	6 Months Ended
VIE STRUCTURE AND ARRANGEMENTS	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VIE STRUCTURE AND ARRANGEMENTS	3. VIE STRUCTURE AND ARRANGEMENTS On June 27, 2016, DSwiss (HK) Limited (“DSHK”) entered into a Management Services Agreement (the “Management Services Agreement I”) which entitles DSHK to substantially entitled to all of the economic benefits of DSwiss Biotech Sdn Bhd (“DSBT”) in consideration of services provided by DSHK to DSBT. Pursuant to the Management Services Agreement I, DSHK has the exclusive right to provide to DSBT management, financial and other services related to the operation of DSBT’s business, and DSBT is required to take all commercially reasonable efforts to permit and facilitate the provision of the services provided by DSHK. As compensation for providing the services, DSHK is entitled to receive a fee from DSBT, upon demand, equal to 100 The Management Services Agreement I also provides DSHK, or its designee, with a right of first refusal to acquire all or any portion of the equity of DSBT upon any proposal by the sole shareholder of DSBT to transfer such equity. In addition, at the sole discretion of DSHK, DSBT is obligated to transfer to DSHK, or its designee, any part or all of the business, personnel, assets and operations of DSBT which may be lawfully conducted, employed, owned or operated by DSHK, including: (a) business opportunities presented to, or available to DSBT may be pursued and contracted for in the name of DSHK rather than DSBT, and at its discretion, DSHK may employ the resources of DSBT to secure such opportunities; (b) any tangible or intangible property of DSBT, any contractual rights, any personnel, and any other items or things of value held by DSBT may be transferred to DSHK at book value; (c) real property, personal or intangible property, personnel, services, equipment, supplies and any other items useful for the conduct of the business may be obtained by DSHK by acquisition, lease, license or otherwise, and made available to DSBT on terms to be determined by agreement between DSHK and DSBT; (d) contracts entered into in the name of DSBT may be transferred to DSHK, or the work under such contracts may be subcontracted, in whole or in part, to DSHK, on terms to be determined by agreement between DSHK and DSBT; and (e) any changes to, or any expansion or contraction of, the business may be carried out in the exercise of the sole discretion of DSHK, and in the name of and at the expense of, DSHK; provided, however, that none of the foregoing may cause or have the effect of terminating (without being substantially replaced under the name of DSHK) or adversely affecting any license, permit or regulatory status of DSBT. In addition, DSHK entered into certain agreements with Jervey Choon, (the “DSBT shareholder”), including (i) a Call Option Agreement allowing DSHK to acquire the shares of DSBT as permitted by Malaysia laws; (ii) a Shareholders’ Voting Rights Proxy Agreement that provides DSHK with the voting rights of the DSBT; and (ii) an Equity Pledge Agreement that pledges the shares in DSBT. This VIE structure provides DSHK, a wholly-owned subsidiary of DSwiss Holding Limited, which is the wholly-owned subsidiary of DSwiss Inc, with control over the operations and benefits of DSBT without having a direct equity ownership in DSBT. On January 18, 2023, DSwiss (HK) Limited acquired 150,000 60 1 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	6 Months Ended
STOCKHOLDERS’ EQUITY	Jun. 30, 2023
Equity [Abstract]
STOCKHOLDERS’ EQUITY	4. STOCKHOLDERS’ EQUITY As of June 30, 2023, the Company had a total of 206,904,585 no

PLANT AND EQUIPMENT

PLANT AND EQUIPMENT	6 Months Ended
PLANT AND EQUIPMENT	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
PLANT AND EQUIPMENT	5. PLANT AND EQUIPMENT SCHEDULE OF PLANT AND EQUIPMENT June 30, 2023 December 31, 2022 Computer and software $ 105,535 $ 105,535 Furniture and fittings 6,144 6,144 Office equipment 21,152 21,152 Motor vehicle 135,868 135,868 Total plant and equipment $ 268,699 $ 268,699 Accumulated depreciation (201,612 ) (187,236 ) Effect of translation exchange (12,615 ) (9,284 ) Plant and equipment, net $ 54,472 $ 72,179 Depreciation expense for the three months and six months ended June 30, 2023 were $ 6,839 14,376 Depreciation expense for the three months and six months ended June 30, 2022 were $ 8,191 15,692

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
INTANGIBLE ASSETS	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	6. INTANGIBLE ASSETS SCHEDULE OF INTANGIBLE ASSETS June 30, 2023 December 31, 2022 Trademarks $ 12,077 $ 12,077 Amortization (8,678 ) (8,164 ) Effect of translation exchange (467 ) (454 ) Intangible assets, net $ 2,932 $ 3,459 Amortization for the three months and six months ended June 30, 2023 was $ 257 514 Amortization for the three months and six months ended June 30, 2022 was $ 257 515

OTHER RECEIVABLES, PREPAID EXPE

OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS	6 Months Ended
OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS	Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS	7. OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS June 30, 2023 December 31, 2022 Other receivables $ 66 $ - Prepaid expenses 658 2,080 Deposits 18,606 19,669 Total prepaid expenses and deposits $ 19,330 $ 21,749

INVENTORIES

INVENTORIES	6 Months Ended
INVENTORIES	Jun. 30, 2023
Inventory Disclosure [Abstract]
INVENTORIES	8. INVENTORIES SCHEDULE OF INVENTORIES June 30, 2023 December 31, 2022 Finished goods, at cost $ 4,378 $ 7,483 Total inventories $ 4,378 $ 7,483

OTHER PAYABLES AND ACCRUED LIAB

OTHER PAYABLES AND ACCRUED LIABILITIES	6 Months Ended
OTHER PAYABLES AND ACCRUED LIABILITIES	Jun. 30, 2023
Payables and Accruals [Abstract]
OTHER PAYABLES AND ACCRUED LIABILITIES	9. OTHER PAYABLES AND ACCRUED LIABILITIES SCHEDULE OF OTHER PAYABLE AND ACCRUED LIABILITIES June 30, 2023 December 31, 2022 Other payables $ 86,508 $ 100,385 Accrued audit fees 25,636 20,266 Accrued other expenses 12,864 16,683 Accrued professional fees 12,487 17,376 Total payables and accrued liabilities $ 137,495 $ 154,710 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

FINANCE LEASE LIABILITY

FINANCE LEASE LIABILITY	6 Months Ended
FINANCE LEASE LIABILITY	Jun. 30, 2023
Finance Lease Liability
FINANCE LEASE LIABILITY	10. FINANCE LEASE LIABILITY The Company purchased motor vehicles with finance lease. The first finance lease agreement commenced on July 31, 2018 with the effective interest rate of 3.62% per annum, due through June, 2025, with principal and interest payable monthly The second finance lease agreement commenced on December 3, 2021 with the effective interest rate of 3.70% per annum, due through November, 2026, with principal and interest payable monthly SCHEDULE OF OBLIGATION UNDER FINANCE LEASE As of June 30, As of December 31, Finance lease $ 46,876 $ 58,768 Less: interest expense (2,600 ) (3,792 ) Net present value of finance lease 44,276 54,976 Current portion 7,895 16,515 Non-current portion 36,381 38,461 Total $ 44,276 $ 54,976 As of June 30, 2023 the maturities of the finance lease for each of the years are as follows: SCHEDULE OF MATURITIES OF FINANCE LEASE 2023 7,895 2024 16,291 2025 12,441 2026 7,649 Total $ 44,276 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

INCOME TAXES

INCOME TAXES	6 Months Ended
INCOME TAXES	Jun. 30, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	11. INCOME TAXES For the six months ended June 30, 2023 and 2022, the local (United States) and foreign components of (loss)/profit before income taxes were comprised of the following: SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES For the six months ended June 30, 2023 For the six months ended June 30, 2022 Tax jurisdictions from: - Local $ (35,199 ) $ (20,770 ) - Foreign, representing Seychelles (3,178 ) (2,169 ) Hong Kong (3,540 ) (2,064 ) Malaysia 13,326 40,131 (Loss)/Profit before income tax $ (28,591 ) $ 15,128 The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES For the six months ended June 30, 2023 For the six months ended June 30, 2022 Current: - Local $ - $ - - Foreign (335 ) - Deferred: - Local - - - Foreign - - Income tax expense $ (335 ) $ - The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The Company has subsidiaries that operate in various countries: United States, Seychelles, Hong Kong and Malaysia that are subject to taxes in the jurisdictions in which they operate, as follows: United States of America The Company is registered in the State of Nevada and is subject to the tax laws of the United States of America. As of June 30, 2023, the operations in the United States of America incurred $ 507,350 21 The net operating loss carry forwards begin to expire in 2038, if unutilized 106,544 Seychelles Under the current laws of the Seychelles, DSwiss Holding Limited is registered as an international business company which governs by the International Business Companies Act of Seychelles and there is no income tax charged in Seychelles. Hong Kong DSwiss (HK) Limited is subject to Hong Kong Profits Tax, which is charged at the statutory income tax rate of 16.5 634,643 16.5 104,716 Malaysia DSwiss Sdn. Bhd. and DSwiss Biotech Sdn. Bhd. are subject to Malaysia Corporate Tax, which is charged at the statutory income tax rate range from 15 24 203,977 15 30,597 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	6 Months Ended
CONCENTRATIONS OF RISK	Jun. 30, 2023
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF RISK	12. CONCENTRATIONS OF RISK The Company is exposed to the following concentrations of risk: (a) Major customers SCHEDULE OF CONCENTRATION OF RISK For three months ended June 30, 2023 and 2022, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Revenue Percentage of revenue Accounts receivable Customer A $ - $ 346,253 - % 46 % $ - $ - Customer B $ 91,754 $ 155,407 25 % 21 % $ 30,849 $ 6,843 Customer C $ 50,196 $ - 14 % - % $ 27,475 $ - Customer D $ 85,002 $ - 24 % - % $ - $ - $ 226,952 $ 501,660 63 % 67 % $ 58,324 $ 6,843 For six months ended June 30, 2023 and 2022, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Revenues Percentage of revenues Accounts receivable, trade Customer A $ 63,861 $ - 10 % - % $ - $ - Customer B $ - $ 416,432 - % 35 % $ - $ - Customer C $ 127,102 $ 255,238 20 % 21 % $ 30,849 $ 6,843 Customer D $ 100,392 $ - 16 % - % $ 27,475 $ - Customer E $ 147,848 $ - 24 % - % $ - $ - $ 439,203 $ 671,670 70 % 56 % $ 58,324 $ 6,843 (b) Major vendors For three months ended June 30, 2023 and 2022, the vendors who accounted for 10% or more of the Company’s purchases and its accounts payable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Purchase Percentage of purchase Accounts payable Vendor A $ 51,367 $ 304,423 19 % 45 % $ - $ - Vendor B $ 75,546 $ 131,132 29 % 19 % $ 3,722 $ - Vendor C $ 71,478 $ 88,841 27 % 13 % $ 38,604 $ 26,426 $ 198,391 $ 524,396 75 % 77 % $ 42,326 $ 26,426 For six months ended June 30, 2023 and 2022, the vendors who accounted for 10% or more of the Company’s purchases and its accounts payable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Purchase Percentage of purchases Accounts payable, trade Vendor A $ 74,870 $ 407,162 17 % 45 % $ - $ - Vendor B $ 166,206 $ 187,012 37 % 19 % $ 3,722 $ - Vendor C $ 95,572 $ 159,895 21 % 13 % $ 38,604 $ 26,426 $ 336,648 $ 754,069 75 % 77 % $ 42,326 $ 26,426 All vendors are located in Malaysia. (c) Credit risk Financial instruments that are potentially subject to credit risk consist principally of accounts receivable. The Company believes the concentration of credit risk in its accounts receivable is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. (d) Exchange rate risk The Company cannot guarantee that the current exchange rate will remain stable, therefore there is a possibility that the Company could post the same amount of income for two comparable periods and because of the fluctuating exchange rate actually post higher or lower income depending on exchange rate of RM converted to US$ and HK$ converted into US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)

LEASE RIGHT-OF-USE ASSET AND LE

LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES	6 Months Ended
LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES	Jun. 30, 2023
Leases [Abstract]
LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES	13. LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES The Company officially adopted ASC 842 for the period on and after January 1, 2019 as permitted by ASU 2016-02. ASC 842 originally required all entities to use a “modified retrospective” transition approach that is intended to maximize comparability and be less complex than a full retrospective approach. On July 30, 2018, the FASB issued ASU 2018-11 to provide entities with relief from the costs of implementing certain aspects of the new leasing standard, ASU 2016-02 of which permits entities may elect not to recast the comparative periods presented when transitioning to ASC 842. As permitted by ASU 2018-11, the Company elect not to recast comparative periods, thusly. As of January 1, 2022, the Company recognized approximately US$ 92,606 5.4 A single lease cost is recognized over the lease term on a generally straight-line basis. All cash payments of operating lease cost are classified within operating activities in the statement of cash flows. The operating lease right and lease liability as follow: As of June 30, 2023 and December 31, 2022, operating lease right of use asset as follow: SCHEDULE OF OPERATION LEASE RIGHT OF USE ASSETS As of June 30, 2023 As of December 31, 2022 As of beginning of the period/year $ 44,548 $ 92,606 Accumulated amortization (21,646 ) (42,310 ) Effect of translation exchange (1,548 ) (5,748 ) Balance as of end of the period/year $ 21,354 $ 44,548 As of June 30, 2023 and December 31, 2022, the amortization of the operating lease right of use asset are $ 21,646 42,310 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) As of June 30, 2023, operating lease liability as follow: SCHEDULE OF OPERATING LEASE LIABILITY As of January 1, 2023 $ 44,548 Less: gross repayment (22,488 ) Add: imputed interest 842 Effect of translation exchange (1,548 ) Balance as of June 30, 2023 $ 21,354 Less: lease liability current portion (21,354 ) Lease liability non-current portion $ - Maturities of operating lease obligation as follow: SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION Year ending December 31, 2023 21,354 Total $ 21,354 Other information: SCHEDULE OF OPERATING LEASE OTHER INFORMATION As of June 30, 2023 As of December 31, 2022 (unaudited) (audited) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow from operating lease $ 20,786 $ 42,212 Right-of-use assets obtained in exchange for operating lease liabilities 21,354 44,548 Remaining lease term for operating lease (years) 0.5 1 Weighted average discount rate for operating lease 5.4 % 5.4 % As of June 30, 2023 and December 31, 2022, lease expenses were $ 21,646 42,310

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
RELATED PARTY TRANSACTIONS	Jun. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	14. RELATED PARTY TRANSACTIONS For the period ended June 30, 2023 the Company has the following transactions with related party: SCHEDULE OF RELATED PARTY TRANSACTION For the period ended June 30, 2023 (Unaudited) For the period ended June 30, 2022 (Unaudited) Professional Fees: - Related party A $ 3,000 $ 3,000 Sales - Related party B $ 127,102 $ 255,239 - Related party C 45,150 7,572 Total $ 175,252 $ 265,811 The related party A, is a wholly owned subsidiary of a 7.33 The related party B’s director and shareholder is the founder of the Company. Founder of the Company resigned as director of company B on October 02, 2022 and is no longer a shareholder of company B. The related party C’s director and shareholder is the founder of the Company. The related party D’s director is the founder of the Company. The shareholder of related party D is related party C. The related party transaction is generally transacted in an arm-length basis at the current market value in the normal course of business.

SEGMENTED INFORMATION

SEGMENTED INFORMATION	6 Months Ended
SEGMENTED INFORMATION	Jun. 30, 2023
Segment Reporting [Abstract]
SEGMENTED INFORMATION	15. SEGMENTED INFORMATION ASC 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about services categories, business segments and major customers in financial statements. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED) The Company had no inter-segment sales for the periods presented. Summarized financial information concerning the Company’s reportable segments is shown as below: By Geography: SCHEDULE OF REPORTING SEGMENTS Nevada Seychelles * Hong Kong * Malaysia * Total * For the period ended June 30, 2023 Nevada Seychelles Hong Kong Malaysia Total Revenues $ - $ - $ - $ 621,195 $ 621,195 Cost of revenues - - - (447,498 ) (447,498 ) Depreciation and amortization - - (514 ) (36,022 ) (36,536 ) Net (loss)/profit before taxation (35,199 ) (3,178 ) (3,540 ) 13,326 (28,591 ) Total assets $ 14,274 $ 21,998 $ 13,209 $ 254,314 $ 303,795 Nevada * Seychelles * Hong Kong * Malaysia * Total * For the period ended June 30, 2022 Nevada Seychelles Hong Kong Malaysia Total Revenues $ - $ - $ - $ 1,187,232 $ 1,187,232 Cost of revenues - - - (995,387 ) (995,387 ) Depreciation and amortization - - (515 ) (37,129 ) (37,644 ) Net (loss)/profit before taxation (20,770 ) (2,169 ) (2,064 ) 40,131 15,128 Total assets $ 27,187 $ 7,055 $ 14,711 $ 404,780 $ 453,733 * Revenues and costs are attributed to countries based on the location of customers.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	16. SUBSEQUENT EVENTS In accordance with ASC Topic 855, “ Subsequent Events

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2023
Accounting Policies [Abstract]
Going Concern	Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, for the period ended June 30, 2023, the Company incurred a net loss of $ 28,926 1,389,544 71,200 The Company’s ability to continue as a going concern is dependent upon improving its profitability and the continuing financial support from its shareholders. Management believes the existing shareholders or external financing will provide the additional cash to meet the Company’s obligations as they become due. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing.
Basis of presentation	Basis of presentation The accompanying condensed consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”).
Basis of consolidation	Basis of consolidation The condensed consolidated financial statements include the accounts of the Company and its subsidiaries in which the Company is the primary beneficiary. All inter-company accounts and transactions have been eliminated upon consolidation.
Use of estimates	Use of estimates In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets, and revenues and expenses during the periods reported. Actual results may differ from these estimates.
Revenue recognition	Revenue recognition The Company follows the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts Revenue from trading of retail goods is recognized when title and risk of loss are transferred and there are no continuing obligations to the customer. Title and the risks and rewards of ownership transfer to and accepted by the customer when the products are collected by the customer at the Company’s office. Revenue is recorded net of sales discounts, returns, allowances, and other adjustments that are based upon management’s best estimates and historical experience and are provided for in the same period as the related revenues are recorded. The Company mainly derives its revenue from the sale of healthy food products. Generally, the Company recognizes revenue when OEM, Home brand and medical consumables product are sold and accepted by the customers and there are no continuing obligations to the customer.
Cost of revenue	Cost of revenue Cost of revenue includes the purchase cost of retail goods for re-sale to customers and packing materials (such as boxes). It excludes purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs and other costs of distribution network in cost of revenues. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)
Selling and distribution expenses	Selling and distribution expenses Selling and distribution expenses are primarily comprised of travelling and accommodation, transportation fees such as petrol, toll and parking and shipping and handling fees.
Cash and cash equivalents	Cash and cash equivalents The Company consider all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalent.
Inventories	Inventories Inventories consisting of products available for sell, are stated at the lower of cost or market value. Cost of inventory is determined using the first-in, first-out (FIFO) method. Inventory reserve is recorded to write down the cost of inventory to the estimated market value due to slow-moving merchandise and damaged goods, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased. Write downs are recorded in cost of revenues in the Condensed Consolidated Statements of Operations and Comprehensive Income.
Plant and equipment	Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated on the straight-line method over their estimated useful lives or lease terms generally as follows: SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE Classification Estimated useful lives Computer and software 5 Furniture and fittings 5 Office equipment 10 Motor vehicle 5
Intangible assets	Intangible assets Intangible assets are stated at cost less accumulated amortization. Intangible assets represented the registration costs of trademarks in Malaysia and Hong Kong, which are amortized on a straight-line basis over a useful life of ten years The Company follows ASC Topic 350 in accounting for intangible assets, which requires impairment losses to be recorded when indicators of impairment are present and the undiscounted cash flows estimated to be generated by the assets are less than the assets’ carrying amounts. There were no
Leases	Leases Prior to November 1, 2019, the Company accounted for leases under ASC 840, Accounting for Leases Leases,
Income taxes	Income taxes The provision of income taxes is determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% The Company conducts much of its businesses activities in Hong Kong and is subject to tax in this jurisdiction. As a result of its business activities, the Company will file separate tax returns that are subject to examination by the foreign tax authorities. DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)
Net income/(loss) per share	Net income/(loss) per share The Company calculates net income/(loss) per share in accordance with ASC Topic 260, “Earnings per Share.”
Foreign currencies translation	Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the Condensed Consolidated Statements of Operations and Comprehensive Income. The reporting currency of the Company is United States Dollars (“US$”) and the accompanying financial statements have been expressed in US$. In addition, the Company’s subsidiaries and VIEs in Malaysia and Hong Kong maintains their books and record in their local currency, Ringgits Malaysia (“RM”) and Hong Kong Dollars (“HK$”) respectively, which is functional currency as being the primary currency of the economic environment in which the entity operates. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement” Translation of amounts from RM into US$1 and HK$ into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCIES TRANSLATION As of and for the six months ended 2023 2022 Period-end RM : US$1 exchange rate 4.67 4.41 Period-average RM : US$1 exchange rate 4.45 4.29 Period-end HK$ : US$1 exchange rate 7.84 7.85 Period-average HK$ : US$1 exchange rate 7.84 7.83 DSWISS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2023 (Currency expressed in United States Dollars (“US$”), except for number of shares) (UNAUDITED)
Related parties	Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.
Fair value of financial instruments	Fair value of financial instruments The carrying value of the Company’s financial instruments: cash and cash equivalents, accounts receivable, deposits, accounts payable, other payables, and accounts payable approximate at their fair values because of the short-term nature of these financial instruments. The Company also follows the guidance of the ASC Topic 820-10, “ Fair Value Measurements and Disclosures Level 1 Level 2 Level 3
Segment reporting	Segment reporting ASC Topic 280, “ Segment Reporting three
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards In June 2016, the FASB issued Accounting Standards Update No. 2016-13, Financial Instruments – Credit Losses (Topics 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for the measurement of credit losses on financial assets measured at amortized cost basis, replacing the previous incurred loss methodology. In November 2019, the FASB issued ASU 2019-10 highlighted the adoption timeline. For smaller reporting entities, Topic 326 is effective for annual periods beginning after December 15, 2022, including interim period within those fiscal years, of which is effective for the Company on January 1, 2023 as the Company is qualified as a smaller reporting company. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. Credit loss rate is determined by historical collection based on aging schedule, adjusted for current conditions using reasonable and supportable forecast. Based on the aging categorization and the adjusted loss per category, an allowance for credit losses is calculated by multiplying the adjusted loss rate with the amortized cost in the respective age category.
Recently Issued Accounting Standard	Recently Issued Accounting Standard The Company reviews new accounting standards as issued. Management has not identified any other new standards that is believes will have a significant impact on the Company’s financial statements.

DESCRIPTION OF BUSINESS AND O_2

DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)	6 Months Ended
DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)	Jun. 30, 2023
Accounting Policies [Abstract]
SCHEDULE OF VARIABLE INTEREST ENTITY	The Company, through its subsidiaries, mainly supplies high quality beauty products. Details of the Company’s subsidiaries: SCHEDULE OF VARIABLE INTEREST ENTITY Company name Place and date Particulars of issued Principal activities Proportional 1. DSwiss Holding Limited Seychelles May 28, 2015 1 share of ordinary share of US$1 each Investment holding 100 % 2. DSwiss (HK) Limited Hong Kong May 28, 2015 1 share of ordinary share of HK$1 each Supply of beauty products 100 % 3. DSwiss Sdn Bhd Malaysia March 10, 2011 2 shares of ordinary share of RM 1 each Supply of beauty products 100 % 4. DSwiss Biotech Sdn Bhd Malaysia March 17, 2016 250,000 shares of ordinary share of RM 1 each Supply of biotech products 100 %

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Jun. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE	Plant and equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated on the straight-line method over their estimated useful lives or lease terms generally as follows: SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE Classification Estimated useful lives Computer and software 5 Furniture and fittings 5 Office equipment 10 Motor vehicle 5
SCHEDULE OF FOREIGN CURRENCIES TRANSLATION	Translation of amounts from RM into US$1 and HK$ into US$1 has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCIES TRANSLATION As of and for the six months ended 2023 2022 Period-end RM : US$1 exchange rate 4.67 4.41 Period-average RM : US$1 exchange rate 4.45 4.29 Period-end HK$ : US$1 exchange rate 7.84 7.85 Period-average HK$ : US$1 exchange rate 7.84 7.83

PLANT AND EQUIPMENT (Tables)

PLANT AND EQUIPMENT (Tables)	6 Months Ended
PLANT AND EQUIPMENT (Tables)	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
SCHEDULE OF PLANT AND EQUIPMENT	SCHEDULE OF PLANT AND EQUIPMENT June 30, 2023 December 31, 2022 Computer and software $ 105,535 $ 105,535 Furniture and fittings 6,144 6,144 Office equipment 21,152 21,152 Motor vehicle 135,868 135,868 Total plant and equipment $ 268,699 $ 268,699 Accumulated depreciation (201,612 ) (187,236 ) Effect of translation exchange (12,615 ) (9,284 ) Plant and equipment, net $ 54,472 $ 72,179

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	6 Months Ended
INTANGIBLE ASSETS (Tables)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	SCHEDULE OF INTANGIBLE ASSETS June 30, 2023 December 31, 2022 Trademarks $ 12,077 $ 12,077 Amortization (8,678 ) (8,164 ) Effect of translation exchange (467 ) (454 ) Intangible assets, net $ 2,932 $ 3,459

OTHER RECEIVABLES, PREPAID EX_2

OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS (Tables)	6 Months Ended
OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS (Tables)	Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS	SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS June 30, 2023 December 31, 2022 Other receivables $ 66 $ - Prepaid expenses 658 2,080 Deposits 18,606 19,669 Total prepaid expenses and deposits $ 19,330 $ 21,749

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
INVENTORIES (Tables)	Jun. 30, 2023
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORIES	SCHEDULE OF INVENTORIES June 30, 2023 December 31, 2022 Finished goods, at cost $ 4,378 $ 7,483 Total inventories $ 4,378 $ 7,483

OTHER PAYABLES AND ACCRUED LI_2

OTHER PAYABLES AND ACCRUED LIABILITIES (Tables)	6 Months Ended
OTHER PAYABLES AND ACCRUED LIABILITIES (Tables)	Jun. 30, 2023
Payables and Accruals [Abstract]
SCHEDULE OF OTHER PAYABLE AND ACCRUED LIABILITIES	SCHEDULE OF OTHER PAYABLE AND ACCRUED LIABILITIES June 30, 2023 December 31, 2022 Other payables $ 86,508 $ 100,385 Accrued audit fees 25,636 20,266 Accrued other expenses 12,864 16,683 Accrued professional fees 12,487 17,376 Total payables and accrued liabilities $ 137,495 $ 154,710

FINANCE LEASE LIABILITY (Tables

FINANCE LEASE LIABILITY (Tables)	6 Months Ended
FINANCE LEASE LIABILITY (Tables)	Jun. 30, 2023
Finance Lease Liability
SCHEDULE OF OBLIGATION UNDER FINANCE LEASE	SCHEDULE OF OBLIGATION UNDER FINANCE LEASE As of June 30, As of December 31, Finance lease $ 46,876 $ 58,768 Less: interest expense (2,600 ) (3,792 ) Net present value of finance lease 44,276 54,976 Current portion 7,895 16,515 Non-current portion 36,381 38,461 Total $ 44,276 $ 54,976
SCHEDULE OF MATURITIES OF FINANCE LEASE	As of June 30, 2023 the maturities of the finance lease for each of the years are as follows: SCHEDULE OF MATURITIES OF FINANCE LEASE 2023 7,895 2024 16,291 2025 12,441 2026 7,649 Total $ 44,276

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
INCOME TAXES (Tables)	Jun. 30, 2023
Income Tax Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES	For the six months ended June 30, 2023 and 2022, the local (United States) and foreign components of (loss)/profit before income taxes were comprised of the following: SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES For the six months ended June 30, 2023 For the six months ended June 30, 2022 Tax jurisdictions from: - Local $ (35,199 ) $ (20,770 ) - Foreign, representing Seychelles (3,178 ) (2,169 ) Hong Kong (3,540 ) (2,064 ) Malaysia 13,326 40,131 (Loss)/Profit before income tax $ (28,591 ) $ 15,128
SCHEDULE OF PROVISION FOR INCOME TAXES	The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES For the six months ended June 30, 2023 For the six months ended June 30, 2022 Current: - Local $ - $ - - Foreign (335 ) - Deferred: - Local - - - Foreign - - Income tax expense $ (335 ) $ -

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	6 Months Ended
CONCENTRATIONS OF RISK (Tables)	Jun. 30, 2023
Risks and Uncertainties [Abstract]
SCHEDULE OF CONCENTRATION OF RISK	(a) Major customers SCHEDULE OF CONCENTRATION OF RISK For three months ended June 30, 2023 and 2022, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Revenue Percentage of revenue Accounts receivable Customer A $ - $ 346,253 - % 46 % $ - $ - Customer B $ 91,754 $ 155,407 25 % 21 % $ 30,849 $ 6,843 Customer C $ 50,196 $ - 14 % - % $ 27,475 $ - Customer D $ 85,002 $ - 24 % - % $ - $ - $ 226,952 $ 501,660 63 % 67 % $ 58,324 $ 6,843 For six months ended June 30, 2023 and 2022, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Revenues Percentage of revenues Accounts receivable, trade Customer A $ 63,861 $ - 10 % - % $ - $ - Customer B $ - $ 416,432 - % 35 % $ - $ - Customer C $ 127,102 $ 255,238 20 % 21 % $ 30,849 $ 6,843 Customer D $ 100,392 $ - 16 % - % $ 27,475 $ - Customer E $ 147,848 $ - 24 % - % $ - $ - $ 439,203 $ 671,670 70 % 56 % $ 58,324 $ 6,843 (b) Major vendors For three months ended June 30, 2023 and 2022, the vendors who accounted for 10% or more of the Company’s purchases and its accounts payable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Purchase Percentage of purchase Accounts payable Vendor A $ 51,367 $ 304,423 19 % 45 % $ - $ - Vendor B $ 75,546 $ 131,132 29 % 19 % $ 3,722 $ - Vendor C $ 71,478 $ 88,841 27 % 13 % $ 38,604 $ 26,426 $ 198,391 $ 524,396 75 % 77 % $ 42,326 $ 26,426 For six months ended June 30, 2023 and 2022, the vendors who accounted for 10% or more of the Company’s purchases and its accounts payable balance at period-end are presented as follows: 2023 2022 2023 2022 2023 2022 Purchase Percentage of purchases Accounts payable, trade Vendor A $ 74,870 $ 407,162 17 % 45 % $ - $ - Vendor B $ 166,206 $ 187,012 37 % 19 % $ 3,722 $ - Vendor C $ 95,572 $ 159,895 21 % 13 % $ 38,604 $ 26,426 $ 336,648 $ 754,069 75 % 77 % $ 42,326 $ 26,426

LEASE RIGHT-OF-USE ASSET AND _2

LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Tables)	6 Months Ended
LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Tables)	Jun. 30, 2023
Leases [Abstract]
SCHEDULE OF OPERATION LEASE RIGHT OF USE ASSETS	As of June 30, 2023 and December 31, 2022, operating lease right of use asset as follow: SCHEDULE OF OPERATION LEASE RIGHT OF USE ASSETS As of June 30, 2023 As of December 31, 2022 As of beginning of the period/year $ 44,548 $ 92,606 Accumulated amortization (21,646 ) (42,310 ) Effect of translation exchange (1,548 ) (5,748 ) Balance as of end of the period/year $ 21,354 $ 44,548
SCHEDULE OF OPERATING LEASE LIABILITY	As of June 30, 2023, operating lease liability as follow: SCHEDULE OF OPERATING LEASE LIABILITY As of January 1, 2023 $ 44,548 Less: gross repayment (22,488 ) Add: imputed interest 842 Effect of translation exchange (1,548 ) Balance as of June 30, 2023 $ 21,354 Less: lease liability current portion (21,354 ) Lease liability non-current portion $ -
SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION	Maturities of operating lease obligation as follow: SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION Year ending December 31, 2023 21,354 Total $ 21,354
SCHEDULE OF OPERATING LEASE OTHER INFORMATION	Other information: SCHEDULE OF OPERATING LEASE OTHER INFORMATION As of June 30, 2023 As of December 31, 2022 (unaudited) (audited) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow from operating lease $ 20,786 $ 42,212 Right-of-use assets obtained in exchange for operating lease liabilities 21,354 44,548 Remaining lease term for operating lease (years) 0.5 1 Weighted average discount rate for operating lease 5.4 % 5.4 %

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Jun. 30, 2023
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTY TRANSACTION	For the period ended June 30, 2023 the Company has the following transactions with related party: SCHEDULE OF RELATED PARTY TRANSACTION For the period ended June 30, 2023 (Unaudited) For the period ended June 30, 2022 (Unaudited) Professional Fees: - Related party A $ 3,000 $ 3,000 Sales - Related party B $ 127,102 $ 255,239 - Related party C 45,150 7,572 Total $ 175,252 $ 265,811

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	6 Months Ended
SEGMENTED INFORMATION (Tables)	Jun. 30, 2023
Segment Reporting [Abstract]
SCHEDULE OF REPORTING SEGMENTS	The Company had no inter-segment sales for the periods presented. Summarized financial information concerning the Company’s reportable segments is shown as below: By Geography: SCHEDULE OF REPORTING SEGMENTS Nevada Seychelles * Hong Kong * Malaysia * Total * For the period ended June 30, 2023 Nevada Seychelles Hong Kong Malaysia Total Revenues $ - $ - $ - $ 621,195 $ 621,195 Cost of revenues - - - (447,498 ) (447,498 ) Depreciation and amortization - - (514 ) (36,022 ) (36,536 ) Net (loss)/profit before taxation (35,199 ) (3,178 ) (3,540 ) 13,326 (28,591 ) Total assets $ 14,274 $ 21,998 $ 13,209 $ 254,314 $ 303,795 Nevada * Seychelles * Hong Kong * Malaysia * Total * For the period ended June 30, 2022 Nevada Seychelles Hong Kong Malaysia Total Revenues $ - $ - $ - $ 1,187,232 $ 1,187,232 Cost of revenues - - - (995,387 ) (995,387 ) Depreciation and amortization - - (515 ) (37,129 ) (37,644 ) Net (loss)/profit before taxation (20,770 ) (2,169 ) (2,064 ) 40,131 15,128 Total assets $ 27,187 $ 7,055 $ 14,711 $ 404,780 $ 453,733 * Revenues and costs are attributed to countries based on the location of customers.

SCHEDULE OF VARIABLE INTEREST E

SCHEDULE OF VARIABLE INTEREST ENTITY (Details)	6 Months Ended
SCHEDULE OF VARIABLE INTEREST ENTITY (Details)	Jun. 30, 2023
DSwiss Holding Limited [Member]
Company name	DSwiss Holding Limited
Place of incorporation	Seychelles
Date of incorporation	May 28, 2015
Particulars of issued capital	1 share of ordinary share of US$1 each
Principal activities	Investment holding
Proportional of ownership interest and voting power held	100%
DSwiss HK Limited [Member]
Company name	DSwiss (HK) Limited
Place of incorporation	Hong Kong
Date of incorporation	May 28, 2015
Particulars of issued capital	1 share of ordinary share of HK$1 each
Principal activities	Supply of beauty products
Proportional of ownership interest and voting power held	100%
DSwiss Sdn Bhd [Member]
Company name	DSwiss Sdn Bhd
Place of incorporation	Malaysia
Date of incorporation	Mar. 10, 2011
Particulars of issued capital	2 shares of ordinary share of RM 1 each
Principal activities	Supply of beauty products
Proportional of ownership interest and voting power held	100%
DSwiss Biotech Sdn Bhd [Member]
Company name	DSwiss Biotech Sdn Bhd
Place of incorporation	Malaysia
Date of incorporation	Mar. 17, 2016
Particulars of issued capital	250,000 shares of ordinary share of RM 1 each
Principal activities	Supply of biotech products
Proportional of ownership interest and voting power held	100%

DESCRIPTION OF BUSINESS AND O_3

DESCRIPTION OF BUSINESS AND ORGANIZATION (Details Narrative) - shares	Jan. 18, 2023	Jun. 30, 2023
DSwiss Holding Limited [Member] \| HONG KONG
Equity ownership interest rate percentage		100%
DSwiss Sdn Bhd [Member] \| MALAYSIA
Equity ownership interest rate percentage		100%
DSwiss Biotech Sdn Bhd [Member] \| HONG KONG
Equity ownership interest rate percentage	60%
Stock issued during period, shares, new issues	1,500
DSwiss Biotech Sdn Bhd [Member] \| MALAYSIA
Equity ownership interest rate percentage		40%

SUMMARY OF PROPERTY AND EQUIPME

SUMMARY OF PROPERTY AND EQUIPMENT USEFUL LIFE (Details)	Jun. 30, 2023
Computer and Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Motor Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years

SCHEDULE OF FOREIGN CURRENCIES

SCHEDULE OF FOREIGN CURRENCIES TRANSLATION (Details)	Jun. 30, 2023	Jun. 30, 2022
Period End RM [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate, translation	4.67	4.41
Period Average RM [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate, translation	4.45	4.29
Period-end HK [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate, translation	7.84	7.85
Period Average HK [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate, translation	7.84	7.83

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) Integer	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Accounting Policies [Abstract]
Net income loss	$ 12,003	$ 19,137	$ 28,926	$ (15,128)
Accumulated deficit	$ 1,389,544		1,389,544		$ 1,324,002
Cash used in operations			$ 71,200	$ (30,627)
Intangible asset, useful life	10 years		10 years
Impairment loss			$ 0
Largest amount of tax benefit, description			greater than 50%
Number of reportable operating segment \| Integer			3

VIE STRUCTURE AND ARRANGEMENTS

VIE STRUCTURE AND ARRANGEMENTS (Details Narrative) - RM / shares	Jan. 18, 2023	Jun. 27, 2016
DSwiss HK Limited [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares, acquired	150,000
Equity ownership interest rate percentage	60%
Consideration price per share	RM 1
Management Services Agreement I [Member] \| DSwiss HK Limited [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Percentage of annual net profit to be received as fee		100%

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - shares	Jun. 30, 2023	Dec. 31, 2022
Equity [Abstract]
Common stock shares issued	206,904,585	206,904,585
Common stock shares outstanding	206,904,585	206,904,585
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total plant and equipment	$ 268,699	$ 268,699
Accumulated depreciation	(201,612)	(187,236)
Effect of translation exchange	(12,615)	(9,284)
Plant and equipment, net	54,472	72,179
Computer and Software [Member]
Property, Plant and Equipment [Line Items]
Total plant and equipment	105,535	105,535
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Total plant and equipment	6,144	6,144
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total plant and equipment	21,152	21,152
Motor Vehicles [Member]
Property, Plant and Equipment [Line Items]
Total plant and equipment	$ 135,868	$ 135,868

PLANT AND EQUIPMENT (Details Na

PLANT AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
PLANT AND EQUIPMENT (Details Narrative) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 6,839	$ 8,191	$ 14,376	$ 15,692

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Trademarks	$ 12,077	$ 12,077
Amortization	(8,678)	(8,164)
Effect of translation exchange	(467)	(454)
Intangible assets, net	$ 2,932	$ 3,459

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
INTANGIBLE ASSETS (Details Narrative) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 257	$ 257	$ 514	$ 515

SCHEDULE OF OTHER RECEIVABLES,

SCHEDULE OF OTHER RECEIVABLES, PREPAID EXPENSES AND DEPOSITS (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other receivables	$ 66
Prepaid expenses	658	2,080
Deposits	18,606	19,669
Total prepaid expenses and deposits	$ 19,330	$ 21,749

SCHEDULE OF INVENTORIES (Detail

SCHEDULE OF INVENTORIES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Finished goods, at cost	$ 4,378	$ 7,483
Total inventories	$ 4,378	$ 7,483

SCHEDULE OF OTHER PAYABLE AND A

SCHEDULE OF OTHER PAYABLE AND ACCRUED LIABILITIES (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Other payables	$ 86,508	$ 100,385
Accrued audit fees	25,636	20,266
Accrued other expenses	12,864	16,683
Accrued professional fees	12,487	17,376
Total payables and accrued liabilities	$ 137,495	$ 154,710

SCHEDULE OF OBLIGATION UNDER FI

SCHEDULE OF OBLIGATION UNDER FINANCE LEASE (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Finance Lease Liability
Finance lease	$ 46,876	$ 58,768
Less: interest expense	(2,600)	(3,792)
Total	44,276	54,976
Current portion	7,895	16,515
Non-current portion	$ 36,381	$ 38,461

SCHEDULE OF MATURITIES OF FINAN

SCHEDULE OF MATURITIES OF FINANCE LEASE (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Finance Lease Liability
2023	$ 7,895
2024	16,291
2025	12,441
2026	7,649
Total	$ 44,276	$ 54,976

FINANCE LEASE LIABILITY (Detail

FINANCE LEASE LIABILITY (Details Narrative)	6 Months Ended
FINANCE LEASE LIABILITY (Details Narrative)	Jun. 30, 2023
First Finance Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Finance lease, description	The first finance lease agreement commenced on July 31, 2018 with the effective interest rate of 3.62% per annum, due through June, 2025, with principal and interest payable monthly
Second Finance Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Finance lease, description	The second finance lease agreement commenced on December 3, 2021 with the effective interest rate of 3.70% per annum, due through November, 2026, with principal and interest payable monthly

SCHEDULE OF COMPONENTS OF INCOM

SCHEDULE OF COMPONENTS OF INCOME LOSS BEFORE INCOME TAXES (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023		Jun. 30, 2022
(Loss)/Profit before income tax		$ (11,839)	$ (19,137)	$ (28,591)	[1]	$ 15,128	[1]
UNITED STATES
(Loss)/Profit before income tax				(35,199)		(20,770)
SEYCHELLES
(Loss)/Profit before income tax	[1]			(3,178)		(2,169)
HONG KONG
(Loss)/Profit before income tax	[1]			(3,540)		(2,064)
MALAYSIA
(Loss)/Profit before income tax	[1]			$ 13,326		$ 40,131

[1]Revenues and costs are attributed to countries based on the location of customers.

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAXES (Details) - USD ($)	3 Months Ended		6 Months Ended
SCHEDULE OF PROVISION FOR INCOME TAXES (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Current:
- Local
- Foreign			(335)
Deferred:
- Local
- Foreign
Income tax expense	$ (164)		$ (335)

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	6 Months Ended
INCOME TAXES (Details Narrative)	Jun. 30, 2023 USD ($)
United States of America [Member]
Operating Loss Carryforwards [Line Items]
Cumulative net operating losses	$ 507,350
Income tax rate	21%
Net operating loss carryforwards expiration	The net operating loss carry forwards begin to expire in 2038, if unutilized
Valuation allowance	$ 106,544
Hong Kong [Member] \| DSwiss HK Limited [Member]
Operating Loss Carryforwards [Line Items]
Cumulative net operating losses	$ 634,643
Income tax rate	16.50%
Valuation allowance	$ 104,716
Statutory income tax, rate	16.50%
Malaysia [Member] \| DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd [Member]
Operating Loss Carryforwards [Line Items]
Cumulative net operating losses	$ 203,977
Income tax rate	15%
Valuation allowance	$ 30,597
Malaysia [Member] \| DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd [Member] \| Minimum [Member]
Operating Loss Carryforwards [Line Items]
Statutory income tax, rate	15%
Malaysia [Member] \| DSwiss Sdn Bhd and DSwiss Biotech Sdn Bhd [Member] \| Maximum [Member]
Operating Loss Carryforwards [Line Items]
Statutory income tax, rate	24%

SCHEDULE OF CONCENTRATION OF RI

SCHEDULE OF CONCENTRATION OF RISK (Details) - USD ($)	3 Months Ended		6 Months Ended
SCHEDULE OF CONCENTRATION OF RISK (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023		Jun. 30, 2022
Concentration Risk [Line Items]
Revenues	$ 355,274	$ 739,595	$ 621,195	[1]	$ 1,187,232	[1]
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer A [Member]
Concentration Risk [Line Items]
Revenues		$ 346,253	$ 63,861
Concentration risk, percentage		46%	10%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer B [Member]
Concentration Risk [Line Items]
Revenues	$ 91,754	$ 155,407			$ 416,432
Concentration risk, percentage	25%	21%			35%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer C [Member]
Concentration Risk [Line Items]
Revenues	$ 50,196		$ 127,102		$ 255,238
Concentration risk, percentage	14%		20%		21%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer D [Member]
Concentration Risk [Line Items]
Revenues	$ 85,002		$ 100,392
Concentration risk, percentage	24%		16%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customers [Member]
Concentration Risk [Line Items]
Revenues	$ 226,952	$ 501,660	$ 439,203		$ 671,670
Concentration risk, percentage	63%	67%	70%		56%
Revenue Benchmark [Member] \| Customer Concentration Risk [Member] \| Customer E [Member]
Concentration Risk [Line Items]
Revenues			$ 147,848
Concentration risk, percentage			24%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer A [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer A [Member] \| Trade Accounts Receivable [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer B [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	30,849	6,843	30,849		6,843
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer B [Member] \| Trade Accounts Receivable [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer C [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	27,475		27,475
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer C [Member] \| Trade Accounts Receivable [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	30,849	6,843	30,849		6,843
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer D [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer D [Member] \| Trade Accounts Receivable [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	27,475		27,475
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customers [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	58,324	6,843	58,324		6,843
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customers [Member] \| Trade Accounts Receivable [Member]
Concentration Risk [Line Items]
Accounts receivable, trade	58,324	6,843	58,324		6,843
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Customer E [Member] \| Trade Accounts Receivable [Member]
Concentration Risk [Line Items]
Accounts receivable, trade
Cost of Goods and Service Benchmark [Member] \| Supplier Concentration Risk [Member] \| Vendor A [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	19%	45%	17%		45%
Purchases	$ 51,367	$ 304,423	$ 74,870		$ 407,162
Cost of Goods and Service Benchmark [Member] \| Supplier Concentration Risk [Member] \| Vendor B [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	29%	19%	37%		19%
Purchases	$ 75,546	$ 131,132	$ 166,206		$ 187,012
Cost of Goods and Service Benchmark [Member] \| Supplier Concentration Risk [Member] \| Vendor C [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	27%	13%	21%		13%
Purchases	$ 71,478	$ 88,841	$ 95,572		$ 159,895
Cost of Goods and Service Benchmark [Member] \| Supplier Concentration Risk [Member] \| Vendors [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	75%	77%	75%		77%
Purchases	$ 198,391	$ 524,396	$ 336,648		$ 754,069
Accounts Payable [Member] \| Supplier Concentration Risk [Member] \| Vendor A [Member]
Concentration Risk [Line Items]
Account Payable, Trade
Accounts Payable [Member] \| Supplier Concentration Risk [Member] \| Vendor B [Member]
Concentration Risk [Line Items]
Account Payable, Trade	3,722		3,722
Accounts Payable [Member] \| Supplier Concentration Risk [Member] \| Vendor C [Member]
Concentration Risk [Line Items]
Account Payable, Trade	38,604	26,426	38,604		26,426
Accounts Payable [Member] \| Supplier Concentration Risk [Member] \| Vendors [Member]
Concentration Risk [Line Items]
Account Payable, Trade	$ 42,326	$ 26,426	$ 42,326		$ 26,426

[1]Revenues and costs are attributed to countries based on the location of customers.

SCHEDULE OF OPERATION LEASE RIG

SCHEDULE OF OPERATION LEASE RIGHT OF USE ASSETS (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right of use asset	$ 44,548	$ 92,606
Accumulated amortization	(21,646)	(42,310)
Effect of translation exchange	(1,548)	(5,748)
Operating lease right of use asset, ending	$ 21,354	$ 44,548

SCHEDULE OF OPERATING LEASE LIA

SCHEDULE OF OPERATING LEASE LIABILITY (Details) - USD ($)	6 Months Ended
SCHEDULE OF OPERATING LEASE LIABILITY (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease liability, beginning	$ 44,548
Less: gross repayment	(22,488)
Add: imputed interest	842
Effect of translation exchange	(1,548)
Operating lease liability, ending	21,354
Less: lease liability current portion	(21,354)	$ (44,548)
Lease liability non-current portion

SCHEDULE OF MATURITIES OF OPERA

SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION (Details)	Jun. 30, 2023 USD ($)
Leases [Abstract]
December 31, 2023	$ 21,354
Total	$ 21,354

SCHEDULE OF OPERATING LEASE OTH

SCHEDULE OF OPERATING LEASE OTHER INFORMATION (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Operating cash flow from operating lease	$ 20,786	$ 42,212
Right-of-use assets obtained in exchange for operating lease liabilities	$ 21,354	$ 44,548
Remaining lease term for operating lease (years)	6 months	1 year
Weighted average discount rate for operating lease	5.40%	5.40%

LEASE RIGHT-OF-USE ASSET AND _3

LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jan. 01, 2022	Dec. 31, 2021
Lease liability	$ 21,354	$ 44,548
Lease asset- right of use	$ 21,354	$ 44,548		$ 92,606
Discount rate of lease payment	5.40%	5.40%
Operating lease right of use asset, amortization	$ 21,646	$ 42,310
Lease expenses	21,646	42,310
Accounting Standards Update 2016-02 [Member]
Lease liability			$ 92,606
Lease asset- right of use			$ 92,606
Discount rate of lease payment			5.40%
Operating lease right of use asset, amortization	$ 21,646	$ 42,310

SCHEDULE OF RELATED PARTY TRANS

SCHEDULE OF RELATED PARTY TRANSACTION (Details) - USD ($)	6 Months Ended
SCHEDULE OF RELATED PARTY TRANSACTION (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Related Party Transaction [Line Items]
Total	$ 175,252	$ 265,811
Related Party A [Member]
Related Party Transaction [Line Items]
Professional Fees	3,000	3,000
Related Party B [Member]
Related Party Transaction [Line Items]
Sales	127,102	255,239
Related Party C [Member]
Related Party Transaction [Line Items]
Sales	$ 45,150	$ 7,572

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)	Jun. 30, 2023
Related Party A [Member]
Ownership percentage	7.33%

SCHEDULE OF REPORTING SEGMENTS

SCHEDULE OF REPORTING SEGMENTS (Details) - USD ($)		3 Months Ended				6 Months Ended
SCHEDULE OF REPORTING SEGMENTS (Details) - USD ($)		Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2023		Jun. 30, 2022		Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues		$ 355,274		$ 739,595		$ 621,195	[1]	$ 1,187,232	[1]
Cost of revenues		(263,561)		(663,012)		(447,498)	[1]	(995,387)	[1]
Depreciation and amortization	[1]					(36,536)		(37,644)
Net (loss)/profit before taxation		(11,839)		(19,137)		(28,591)	[1]	15,128	[1]
Assets		303,795	[1]	453,733	[1]	303,795	[1]	453,733	[1]	$ 381,924
NV [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	[1]
Cost of revenues	[1]
Depreciation and amortization	[1]
Net (loss)/profit before taxation	[1]					(35,199)		(20,770)
Assets	[1]	14,274		27,187		14,274		27,187
SEYCHELLES
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	[1]
Cost of revenues	[1]
Depreciation and amortization	[1]
Net (loss)/profit before taxation	[1]					(3,178)		(2,169)
Assets	[1]	21,998		7,055		21,998		7,055
HONG KONG
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	[1]
Cost of revenues	[1]
Depreciation and amortization	[1]					(514)		(515)
Net (loss)/profit before taxation	[1]					(3,540)		(2,064)
Assets	[1]	13,209		14,711		13,209		14,711
MALAYSIA
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	[1]					621,195		1,187,232
Cost of revenues	[1]					(447,498)		(995,387)
Depreciation and amortization	[1]					(36,022)		(37,129)
Net (loss)/profit before taxation	[1]					13,326		40,131
Assets	[1]	$ 254,314		$ 404,780		$ 254,314		$ 404,780

[1]Revenues and costs are attributed to countries based on the location of customers.