Related Party Transactions	12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4. RELATED PARTY TRANSACTIONS During the year ended December 31, 2022, the Company’s current controlling shareholder, Eastone Equities LLC, which owns approximately 90% equity interests in the Company paid expenses on behalf of the Company in the amount of $42,901. This amount has been recorded as amount due to an affiliate of the Company. As of December 31, 2022 and 2021, the outstanding balance was $193,502 and $150,601, respectively. The balance is unsecured, non-interest bearing, and due on demand with no specified repayment schedule.

Related Party Transactions

12 Months Ended

Dec. 31, 2022

NOTE 4. RELATED PARTY TRANSACTIONS

During the year ended December 31, 2022, the Company’s current controlling shareholder, Eastone Equities LLC, which owns approximately 90% equity interests in the Company paid expenses on behalf of the Company in the amount of $42,901. This amount has been recorded as amount due to an affiliate of the Company. As of December 31, 2022 and 2021, the outstanding balance was $193,502 and $150,601, respectively. The balance is unsecured, non-interest bearing, and due on demand with no specified repayment schedule.

UNIVERSAL GLOBAL HUB INC. 10-K