SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, ~~2019~~2020

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number 000-55630

DOERS EDUCATION ASEAN LIMITED.

(Exact name of registrant as specified in its charter)

COLLINS ISLAND ACQUISITION CORPORATION

(Former name of registrant as specified in its charter)

Delaware

81-2141471

(State or other jurisdiction of
incorporation or organization)

(I.R.S. Employer

Identification No.)

9454 Wilshire Boulevard, #612

Beverly Hills, California 90212

(Address of principal executive offices) (zip code)

310-888-1870

(Registrant’s telephone number, including area code)

Registrant’s telephone number, including area code: (86) 139-2742 -9282

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

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

Common Stock, $.0001 par value per share

(Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ☐ Yes ☒ No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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 ☐ No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ☒ Yes ☐ No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, 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. ☒ Yes ☐ No

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

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☒ Yes ☐ No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter $ 0

Indicate the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date.

Class		Outstanding at ~~March~~April 251, ~~2020~~2021
Common Stock, par value $0.0001		20,~~390~~140,000

Documents incorporated by reference: None

DOERS EDUCATION ASEAN LIMITED.

ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED ~~December~~DECEMBER 31, ~~2019~~2020

Table of Contents

PART I 1 Item 1. Business 1 Item 1A. Risk Factors 6 Item 1B. Unresolved Staff Comments 6 Item 2. Properties 6 Item 3. Legal Proceedings 6 Item 4. Mine Safety Disclosures 6 PART II 7 Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 7 Item 6. Selected Financial Data 7 Item 7. Management’s Discussion and Analysis of Financial Condition or Results of Operations 7 Item 7A. Quantitative and Qualitative Disclosures About Market Risk Item 8. Financial Statements and Supplementary Data 89 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 89 Item 9A. Controls and Procedures 810 Item 9B. Other Information 810 PART III 911 Item 10. Directors, Executive Officers and Corporate Governance 911 Item 11. Executive Compensation 1012 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 1012 Item 13. Certain Relationships and Related Transactions, and Director Independence 1013 Item 14. Principal Accountant Fees and Services 1113 PART IV 1214 Item 15. Exhibits and Financial Statement Schedules 1214 EXHIBIT INDEX SIGNATURES 1315

PART I

Item 1. Business

Background

The Company is a development stage company and has limited operating history and is expected to experience losses in the near term. The Company’s independent auditors have issued a report raising substantial doubt about the Company’s ability to continue as a going concern.

Summary

Doers Education ASEAN Ltd. (the “Company” or “DOERS”), is a Hong Kong-based startup incubator that offers shared workspace, networking events as well as training and education programs. DOERS offers daily and weekly seminars on personal finances for individuals and tailored corporate training curriculum depending on corporate development needs. DOERS has been offering its flagships programs which includes Money and YOU, DBS entrepreneurship Institute and US BSE Entrepreneur Business School since 1999. Founder and President, Lin Wei-Hsien is a renowned corporate trainer in Asia who has logged in innumerable speaking engagements in the region. The Company is now leveraging its highly successful program and initiating an expansion program to launch its startup incubators in emerging and high-growth Association of Southeast Asian Nations (ASEAN) and countries.

The Company was incorporated in the State of Delaware in April 2016 and was formerly known as Collins Island Acquisition Corporation. In May 2016, Collins Island Acquisition Corporation filed a registration statement with the Securities and Exchange Commission on Form 10 by which it became a public reporting company.

In July 2016, the Company implemented a change of control by redeeming shares of existing stockholders, issuing shares to new stockholders, electing new officers and directors and accepting the resignations of its then existing officers and directors. In connection with the change of control, the stockholders of the Company and its board of directors unanimously approved the change of the Company’s name from Collins Island Acquisition Corporation to Doers Education ASEAN Ltd.

The Company’s primary objective is to capitalize on what DOERS believes to be an increase in demand for technical and corporate education in ASEAN countries by offering specially tailored training and education programs as well as shared office space and workspace for students, entrepreneurs and corporations in the region.

The Company believes, based on the most recent study on ASEAN corporations conducted by the International Labour Organization (www.ilo.org), that a number of corporations in ASEAN countries have experienced shortage of qualified high-school and university graduates despite growth of the region since 1967. The Company believes, as startup communities continue to grow in the region, that there is a growing need for training and education programs that prepare the workforce to be high-value employees equipped not only with technical skills but also equally important leadership, business management and other soft skills that DOERS offers.

Business Model

DOERS offers management and leadership training that addresses the training needs of individuals and corporations alike. As an incubator for startup companies, DOERS revenue streams are comprised of: 1) Admission fees for the seminars and tuition fees for the business school; 2) Rental income from incubator members and booking fees for seminar rooms.

Key success factors that the Company intends to employ to achieve its goals include the following:

●

Ability to alter goods and services produced in favor of market conditions: Establishments in this industry must be able to change or adapt the courses offered to suit the needs of attendees. For instance, recently there has been increased demand for IT management training and quality assurance training.

●

Provision of superior after sales service: Establishments that provide a higher level of after-sales service have a competitive advantage over those that do not in cementing client relationships.

●

Developing a strong brand and reputation: The perceived value of a company is important for the recruitment of new clients for seminars and workshops.

●

Being part of a franchising chain: New establishments in this industry can benefit from franchising. This reduces the costs associated with establishing new courses and maximizes economies of scale.

●

Access to highly skilled workforce: Trainers in this industry must have an appropriately high level of skills and experience.

The Market

The Business Coaching industry has a low level of globalization, with all of the larger enterprises being domestically owned. The international reach of these enterprises is growing; however, through the establishment of branches overseas, licensing programs to operators and increasing use of distance-education methods. Given the highly fragmented nature of this industry, with more than 85.0% of establishments being non-employers, the level of domestic ownership of establishments is likely to remain low.

Key external drivers that the Company believes will positively impact the market include the following:

● Corporate profit: A large proportion of the industry’s customers are corporations, so changes in business sentiment typically influence demand for the industry’s services. When corporate profit is low, companies are less likely to spend money on nonessential training for their staff. ~~Corporate profit is expected to increase in 2019 representing a potential opportunity for the industry.~~

● Per capita disposable income: Disposable income levels influence individuals who take courses for self-fulfillment. Customers are sensitive to price, so an increase in disposable income often leads to increased spending on education and training courses. ~~Per capita disposable income is expected to increase in 2019.~~

● Households earning more than $100,000: Demand for the educational services provided by this industry mainly comes from middle and senior managers. An increase in the number of people in these positions will increase demand for services. A proxy for the number of middle and senior managers is the number of households in high-income groups. Therefore, an increase in the number of wealthy households is expected to raise demand for industry services. ~~The number of households earning more than $100,000 is expected to increase in 2019.~~

● Investor uncertainty: Investor uncertainty, also known as the fear index, controls investor risk. Investor uncertainty rises during economic downturns with investors becoming risk averse. National debt and interest rate worries are continuing to increase uncertainty and reduce demand for industry services. ~~Investor uncertainty is expected to increase in 2019, representing a potential threat to the industry.~~

● Number of employees: Any rise in the number of employees in the United States will expand the potential market base for the industry. Therefore, an increase in the number of employees typically boosts demand for industry services. ~~The number of employees is expected to increase in 2019.~~

Startup Communities in ASEAN

According to the Asia-Pacific Forum Berlin (APFB)’s January 2016 report on start-up ecosystems in ASEAN member states, the start-up communities in ASEAN are still in a nascent stage which presents a unique opportunity for the Company. Potentially growing demand in various regions can be characterized as follows:

BRUNEI. Brunei has a small but continually growing startup community backed by government initiatives. Brunei Government places paramount importance in the education of its citizens by providing scholarships for studying at Ivy League Colleges in order to produce new breed of entrepreneurs. SocialMart.com is one of the most successful startups in Brunei. Investors such as MAD Incubator and Start UP Nation have shown interests in investing in Brunei. Brunei’s leading incubators include Tru Synergy, Founder Institute and Start-up Hub BIMP-EAGA (SUHBE Co).

CAMBODIA. Cambodia is a country which has strong self-employment tradition with around half of the population of 15 million under 25 years of age. In addition, the mobile penetration is growing. All of these factors shape a robust startup ecosystem in Cambodia. Current Incubators include: Young Startups, EME Business Incubator, KOTRA Incubator and BDLink – The Business Incubator.

INDONESIA. Indonesia’s startup market is still at infancy. Nonetheless, Indonesia’s population is very technologically adept. Indonesia is one among the most active countries on social media. It has Facebook’s fourth largest number of users and fifth largest ~~number~~ number of users of Twitter. The Internet users in Indonesia are projected to grow from 55150 million (~~2014~~2019) to ~~125~~175 million (~~2015~~2020). Nearly three-quarter (74%) of mobile users use social media apps and on an average a person spends 2 hours 54 minutes on social media each day. Apple, Facebook, Twitter and Uber have started their offices in the country. Incubators & Accelerators in the region include: IdeaBox, Kolaborasi, Kapital, FI Indonesia, Grupara Inc, ideosource and Batavia Incubator.

LAOS. Startup companies in Laos have a strong focus for rebuilding their country. At seven million strong, Laos has over 50 per cent of population at 25 years or younger. Laos IT Business Incubation Center is a leading incubator in the country. Currently a business incubator of the National University of Laos offers entrepreneurship development, business consulting, business matching, technical support, access to funding and networking.

MALAYSIA. Malaysia’s leading accelerator, MAGIC Accelerator offers three programs - for startups looking to expand in ASEAN, for social enterprises, and for growth-stage companies. The latter encompasses 500 Startups and Tune Labs Accelerator, which offers a year-round program with in-house development support and the opportunity to test market fit with the AirAsia/Tune Group customer base.

MYANMAR. Myanmar is ripe with opportunity as starting up in such a young ecosystem on the brink of technological change almost guarantees the first-mover advantage. Incubators & Accelerators in the region include: Ideabox and Project Hub, Yangon.

PHILIPPINES. The ~~Philippines~~ Philippines has an ambitious target for its startup ecosystem. By 2020, the country aims to have 500 startups that have raised total funding of US$200 million from investors and raked in a valuation of US$2 billion. Accelerators & Incubators in the region include: Kickstart Ventures, Launch garage and Ideaspace Foundation Inc.

SINGAPORE. Scott Anthony in his 2015 Harvard Business Review article attributed Singapore’s development as an entrepreneurial hub to three factors: A hospitable environment for startups, serious government skin in the game and the use of soft power to address hidden barriers to entrepreneurship. Accelerators & Incubators in the region include: Singapore Entrepreneurs Network Monthly Meetup, ~~Founder~~ Founder Institute, JFDI Asia, iStartup Program and FinTech.

Digital Education Systems in ASEAN

High penetration of digital use in Southeast Asia is a positive indicator of the region’s readiness for accessing online training materials. As of ~~2015,~~2019 out of the estimated ~~627~~ 655.71 million ASEAN population, ~~252~~443.4 million are active internet users, ~~232~~399.96 million are active social media users, and ~~199~~366.7 9 million are active mobile social media users. The Company believes the penetration of digital use in ASEAN creates opportunity and demand for digital education systems the Company intends to offer to the ASEAN community.

Education Systems in ASEAN

To promote human resource development, ASEAN countries have launched the Education Objective, which aims to: (i) achieve universal access to primary education; (ii) develop education networks at various levels within institutions; and (iii) establish research clusters to improve the quality of education throughout the region. ASEAN countries present very diverse levels of educational standard, institutional development, and education policy. Singapore, for example, presents a fully internationalized hub of higher education, while Cambodia’s system of higher education is only 30 years old.

3Accreditation mechanisms are vital in establishing the basis for a regional labour mobility market. The Asia Pacific Accreditation and Certification Commission (APACC), one such mechanism, has begun harmonizing education and training systems, aiming to certify institutions to common shared standards of quality. Promoting the use of the English language is another key issue within the AEC. Language barriers within member countries, and the increasing internationalization of the job market even within each country, make English-language fluency ever more necessary.

Accreditation mechanisms are vital in establishing the basis for a regional labour mobility market. The Asia Pacific Accreditation and Certification Commission (APACC), one such mechanism, has begun harmonizing education and training systems, aiming to certify institutions to common shared standards of quality. Promoting the use of the English language is another key issue within the AEC. Language barriers within member countries, and the increasing internationalization of the job market even within each country, make English-language fluency ever more necessary.3

SWOT Analysis

The Company’s strengths are denoted by founder Lin Wei-Hsien’s 30+ years of experience as an established network industry leader and successful entrepreneur with experience offering educational seminars throughout Asia. The Company also believes the company is strengthened by its recognition of locations in fast-growing startup communities in ASEAN.

The Company will have to overcome certain weaknesses, particularly with regards to DOERS’ limited business management experience in the ASEAN region. The Company also currently has only a limited number of current staff to deploy and funds will be required to deploy a comprehensive international market expansion.

The opportunity for success is ripe as new emerging markets grow and as political stability in ASEAN communities increases. Perhaps more importantly, there are already several existing startup communities with no current training nor education system in place.

There is always the threat however that political stabilizing trends in ASEAN communities could reverse or worsen. In addition, competitors with similar training or educational programs may enter the region and compete with the Company.

Competition

Industry establishments face both internal and external competition. Because the industry is fairly fragmented with a large number of owner operators, competition occurs mainly at a regional level.

●

Internal competition is denoted by businesses within the industry that compete on the basis of quality, reputation, industry-specific knowledge, price, flexibility and marketing ability. Because most clients of this industry are in higher-level positions in their organizations, they are typically seeking a high-quality educational service with a short duration. This fact is influenced not only by the standard of course content, but also by the quality of trainers. Trainers need to be highly knowledgeable and respected in their teaching fields. Reputation is an important factor and can include both the reputation of the training provider and of the content of the course. Specific industry knowledge creates another basis of competition between providers. For instance, a good understanding of a client’s particular industry may give an education provider a competitive advantage over others.

Establishments within this industry also compete on the basis of price. Although prices may be difficult to compare because of the range of different courses offered in terms of the topics covered, the length of the training course and the level of course support before and after training.

Effective marketing strategies can be a point of competition; therefore, businesses undertake a range of marketing and advertising activities to attract both corporate and individual clients.

Flexibility in terms of course design and scheduling will give establishments within this industry a competitive advantage. Industry operators provide set courses and customize their training to suit the needs of the client.

Flexibility in the scheduling of courses is important because the vast majority of participants in training offered by this industry are full-time employees, often in senior-level positions. As a result, a number of establishments in this industry offer self-paced programs or online courses.

●

External competition within the industry is denoted by participants that are facing increasing external competition from other education operators involved in the Colleges and Universities industry and the For-Profit University industry. This competition is evident in the large increases in Masters of Business Administration degrees, which involve similar content to some of the courses delivered through the Business Coaching industry. Industry operators also face competition from internal training and development departments of larger corporations. Internal training providers benefit from higher knowledge of the workings of the company.

DOERS anticipates competition from the local incubators and accelerators in the local ASEAN countries. Nonetheless, the existing providers have a sole focus on providing networking events and workspace sharing and offer very limited training program. Dr. Lin has seen a tremendous opportunity in the ASEAN market due to the nascent development of startups in these countries and the wide education gap between the existing workforce and required qualifications by companies. DOERS will thus offer its high-quality business education and training program at the new incubators along with the workspaces, networking events and other services.

Market Segmentation

DOERS Education ASEAN Ltd is an incubator and accelerator that offers shared workspaces, and office space. In addition, DOERS offers various class-room and online training programs to students, entrepreneurs and corporations. Its flagship training and education programs include the following:

Money & You

Money & You offers the following product proposition that appeals to its students:

● Global international network of contacts and opportunities for business expansion ● Strengthen interpersonal communication skills ● Understanding of the best path to sustainable wealth creation ● Recognition of relationship between money and people, creating holistic approach to achieving wealth and happiness ● Understanding of methods to obtain true wealth

~~Doers’s Founder,~~● ~~Lin~~Strengthen ~~Wei-Hsien,~~interpersonal ~~formulated~~communication his program based on his nuanced understanding of money and its influence on human relations. He has studied with some of the world’s most highly-ranking and profile people, and based on these studies, Mr. Hsien has summed up the most practical methods and strategies to help participants create both happiness and wealth, modeled after Mr. Hsien’s understandings from those he studied with.skills

~~MONEY &~~● ~~YOU’s~~Understanding ~~unique approach to teaching involves 15%~~ of lecture-based teaching, 60% of students-led activities and 25% of sharing activities. The curriculum’s effectiveness hinges on creating interests that evoke personalized learning experiences for maximized learning outcome. Each participant is expected to experience accelerated learning and share their experience as the ~~building~~best ~~blocks~~path to ~~their~~sustainable ~~future~~wealth ~~support system.~~creation

~~MONEY &~~● ~~YOU’s~~Recognition ~~concept~~of isrelationship ~~built~~between onmoney ~~the~~and ~~premises that~~ people, ~~will~~creating goholistic approach to ~~extremes~~achieving ~~in the pursuit of~~ wealth ~~that ultimately will cost them their happiness. MONEY & YOU carefully balances the pursuit of money~~ and happiness ~~and teaches that concept, borrowing philosophies and insights from the world’s leaders.~~

~~MONEY &~~● ~~YOU~~Understanding is an accumulated 30-year learning. The entire learning ecosystem from class schedules, meal times, group interactive planning, classroom posters, furniture arrangement, materials design, activities, computerized analysis, and even room temperature and the size of ~~the~~methods ~~classroom are controlled~~ to ~~help~~obtain ~~participants~~true ~~to achieve the objective of the curriculum.~~wealth

~~MONEY~~Doers’s Founder, Lin Wei-Hsien, formulated &his ~~YOU~~program ~~selects~~based ~~only~~on ~~the~~his ~~most~~nuanced ~~prominent~~understanding ~~instructors~~of money and its influence on human relations. He has studied with ~~ample~~some ~~teaching~~of ~~experience~~the world’s most highly-ranking and ~~degree~~profile ~~qualifications~~people, asand ~~well~~based ason ~~personal integrity.~~these ~~Moreover~~studies, ~~instructors~~Mr. ~~are~~Hsien ~~seasoned~~has ~~entrepreneurs~~summed ~~who~~up ~~are~~the ~~able~~most topractical ~~teach~~methods ~~Chinese-based~~and ~~curriculum~~strategies to ~~worldwide.~~help ~~DOERS~~participants ~~applies a~~create ~~rigorous~~both ~~screening~~happiness ~~process~~and wealth, ~~extended~~modeled ~~interview~~after ~~and~~Mr. ~~communication~~Hsien’s ~~period~~understandings from those he studied with.

MONEY & YOU’s ~~offers~~unique anapproach to ~~interactive~~teaching ~~web~~involves ~~platform~~15% onof ~~which~~lecture-based ~~outstanding~~teaching, ~~leaders~~60% of students-led activities and ~~senior~~25% ~~executives~~of ~~from~~sharing ~~around~~activities. ~~the~~The ~~world~~curriculum’s effectiveness ~~digitally~~hinges on creating interests that evoke personalized learning experiences for maximized learning outcome. Each participant ~~share~~is ~~their~~expected ~~insights~~to experience accelerated learning and share their experience ~~that~~as ~~create~~the abuilding ~~wealth~~blocks ofto ~~resources~~their onfuture ~~the~~support ~~platform~~system.

USMONEY & YOU’s concept is built ~~BSE~~on ~~Entrepreneur~~the ~~Business~~premises ~~School~~that people will go to extremes in the pursuit of wealth that ultimately will cost them their happiness. MONEY & YOU carefully balances the pursuit of money and happiness and teaches that concept, borrowing philosophies and insights from the world’s leaders.

~~US BSE~~MONEY ~~Entrepreneur~~& ~~Business~~YOU ~~School~~is ~~(“BSE”)~~an ~~was~~accumulated ~~founded~~30-year learning. inThe ~~1978.~~entire ~~Over~~learning ~~the~~ecosystem ~~past~~from ~~three~~class ~~decades~~schedules, ~~the~~meal ~~School~~times, ~~has~~group ~~experienced steady~~interactive ~~growth~~planning, ~~and~~classroom ~~has~~posters, ~~become~~furniture arrangement, anmaterials ~~international~~design, ~~business~~activities, ~~education~~computerized ~~organization.~~analysis, ~~BSE~~and ~~was~~even ~~created~~room ~~for~~temperature ~~entrepreneurs~~ and ~~others~~the ~~who seek~~size ~~out~~of ~~life-changing~~the ~~learning.~~classroom ~~BSE~~are ~~is distinct from other business schools in that it abandons pure academic research system.~~controlled ~~The~~to ~~curriculum~~help ~~explores~~participants ~~and~~to ~~analyzes~~achieve the ~~interactions~~objective ~~between~~of ~~industry~~the ~~players, consumers and communities~~curriculum.

5MONEY & YOU selects only the most prominent instructors with ample teaching experience and degree qualifications, as well as personal integrity. Moreover, instructors are seasoned entrepreneurs who are able to teach Chinese-based curriculum worldwide. DOERS applies a rigorous screening process, extended interview and communication period.

~~Marketing~~MONEY & YOU offers an interactive web ~~Plan~~platform on which outstanding leaders and senior executives from around the world digitally share their insights and experience that create a wealth of resources on the platform.

~~As an~~US ~~incubator~~BSE ~~and~~Entrepreneur ~~management~~Business training program, DOERS heavily relies on its reputation as management thought leader in propagating the brand presence in ASEAN countries. DOER will highlight its reputation as well as that of Founder and instructors to promote the organization’s capabilities and benefits to prospective students / participants. DOERS specifically targets corporations with corporate development agenda and start-ups seeking for shared office space.School

~~DOERS’~~US BSE Entrepreneur Business School (“BSE”) ~~marketing~~was ~~campaign~~founded ~~will~~in be1978. ~~comprised~~Over ofthe past three decades, the ~~following:~~School has experienced steady growth and has become an international business education organization. BSE was created for entrepreneurs and others who seek out life-changing learning. BSE is distinct from other business schools in that it abandons pure academic research system. The curriculum explores and analyzes the interactions between industry players, consumers and communities.

● Direct Sales to Start-ups by direct mailing, cold-calling and in-person meeting to offer the curriculum that best suits their corporate development program. ● Inbound Marketing Campaign. DOERS Group e-commerce websites will be heavily promoted by inbound marketing campaign. A well optimized and feature-rich web and mobile site will optimize viewers’ engagement on the website. The easy navigation and appealing design will appeal to customers to browse and make purchases. The website will have embedded SEO for ensuring maximum search engine placement and saturation. ● Sponsorships at educational trade shows. This is ideal for raising brand awareness among prospective business students. ● Press Media. DOERS will announce any new program and curriculum as well as newsworthy announcements that raise awareness among general public. ● Educational Exhibitions /Road Shows. Educational exhibitions will allow management to communicate directly with prospective students.5

~~Description of~~Marketing ~~Property~~Plan

~~The~~As an incubator and management training ~~Company~~program, ~~owns~~DOERS noheavily ~~real~~relies ~~estate. Its~~on ~~corporate~~its ~~office~~reputation isas inmanagement ~~Jiangsu~~thought ~~Province,~~leader ~~Peoples~~in ~~Republic~~propagating ofthe ~~China,~~brand ispresence ~~approximately~~in ~~2,000 sq~~ASEAN countries.~~ft.~~ DOER inwill ~~size~~highlight ~~and~~its isreputation ~~provided~~as well as that of Founder and instructors to promote the ~~Company,~~organization’s atcapabilities and nobenefits ~~cost,~~to byprospective Mrstudents / participants. ~~Wei~~DOERS specifically targets corporations with corporate development agenda and start-~~Hsien,~~ups ~~the~~seeking ~~Company’s~~for ~~president~~shared office space.

~~Employees~~DOERS’ marketing campaign will be comprised of the following:

~~Currently the~~● ~~Company~~Direct ~~has~~Sales noto ~~employees~~Start-ups ~~other~~by ~~than~~direct ~~its~~mailing, ~~executive~~cold-calling ~~officer~~ and ~~director~~in-person ~~who~~meeting ~~devotes~~to ~~approximately~~offer ~~90%~~the ofcurriculum ~~his~~that ~~time~~best tosuits ~~the~~their ~~business of~~corporate ~~the~~development ~~Company~~program.

~~ITEM 1A~~● Inbound Marketing Campaign. ~~RISK FACTORS~~ DOERS Group e-commerce websites will be heavily promoted by inbound marketing campaign. A well optimized and feature-rich web and mobile site will optimize viewers’ engagement on the website. The easy navigation and appealing design will appeal to customers to browse and make purchases. The website will have embedded SEO for ensuring maximum search engine placement and saturation.

~~We are~~● aSponsorships ~~smaller~~at ~~reporting~~educational ~~company~~trade asshows. ~~defined~~This byis ~~Rule~~ideal ~~12b-2~~for ofraising ~~the~~brand ~~Securities~~awareness ~~Exchange~~among ~~Act~~prospective ofbusiness ~~1934 and are not required to provide the information under this item~~students.

~~ITEM 1B~~● Press Media. ~~UNRESOLVED STAFF~~ ~~COMMENTS~~DOERS will announce any new program and curriculum as well as newsworthy announcements that raise awareness among general public.

~~None~~● Educational Exhibitions /Road Shows. Educational exhibitions will allow management to communicate directly with prospective students.

~~Item 2.~~Description ~~Properties~~of Property

The Company ~~has~~owns no ~~properties~~real ~~and~~estate. Its atcorporate ~~the~~office ~~period~~is ~~covered~~in byJiangsu ~~this~~Province, ~~Report~~Peoples ~~has~~Republic noof ~~agreements~~China, tois ~~acquire~~approximately ~~any~~2,000 ~~properties~~sq.ft. ~~The~~in ~~Company~~size ~~currently uses~~and ~~the~~is ~~offices~~provided ofto the ~~Management~~Company, at no cost, toby Mr. Wei-Hsien, the Company’s president.

~~Item 3. Legal Proceedings~~Employees

~~There is~~Currently ~~no litigation pending or threatened by or against~~ the Company. ~~Management~~has isno ~~aware that certain current and prior blank check~~employees ~~companies~~other ofthan ~~which~~its ~~Messrs.~~executive ~~Cassidy~~officer and ~~McKillop~~director ~~were~~who ~~the~~devotes ~~officers~~approximately ~~and~~90% ~~directors~~of ~~have~~his ~~received~~time ~~subpoenas for documents in regard~~ to ~~a formal investigation by~~ the ~~Securities~~business ~~and Exchange Commission (In the matter HO-12590 ) requesting documentation regarding the share ownership~~ of ~~those companies. Management has no independent knowledge or information regarding these subpoenas but believes it is part of a wider review by~~ the ~~SEC concerning the filing of management ownership reports~~Company.

~~Item 4~~ITEM 1A. ~~Mine~~RISK ~~Safety Disclosures.~~FACTORS

~~Not~~We are a smaller reporting company as defined ~~applicable~~by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

6ITEM 1B. UNRESOLVED STAFF COMMENTS

~~PART II~~None.

Item 5 2. ~~Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities~~Properties

~~There is~~The ~~currently~~Company has no ~~public~~properties ~~market~~and ~~for~~at the period covered by this Report has no agreements to acquire any properties. The Company’s ~~securities~~currently uses the offices of Management at no cost to the Company.

~~Following a~~Item ~~business combination, a target company will normally wish to cause the Company’s common stock to trade in one or more United States securities markets~~3. ~~The~~Legal ~~target company may elect to take the steps required for such admission to quotation following the business combination or at some later time.~~Proceedings

~~At such~~There ~~time~~is asno itlitigation ~~qualifies,~~pending or threatened by or against the Company. ~~may~~Management ~~choose~~is toaware ~~apply~~that certain current and prior blank check companies of which Messrs. Cassidy and McKillop were the officers and directors have received subpoenas for ~~quotation~~documents in regard to a formal investigation by the Securities and Exchange Commission (In the matter HO-12590 ) requesting documentation regarding the share ownership of ~~its~~those ~~securities~~companies. Management onhas no independent knowledge or information regarding these subpoenas but believes it is part of a wider review by the SEC ~~OTC~~concerning ~~Bulletin~~the ~~Board~~filing of management ownership reports.

~~The OTC~~Item ~~Bulletin Board is a dealer-driven quotation service~~4. ~~Unlike~~Mine ~~the~~Safety Nasdaq Stock Market, companies cannot directly apply to be quoted on the OTC Bulletin Board, only market makers can initiate quotes, and quoted companies do not have to meet any quantitative financial requirementsDisclosures. ~~Any equity security of a reporting company not listed on the Nasdaq Stock Market or on a national securities exchange is eligible.~~

~~As such~~Not ~~time as it qualifies, the Company may choose to apply for quotation of its securities on the Nasdaq Capital Market~~applicable.

In general there is greatest liquidity for traded securities on the Nasdaq Capital Market and less on the OTC Bulletin Board. It is not possible to predict where, if at all, the securities of the Company will be traded following a business combination.6

~~Since inception,~~PART ~~the Company has sold securities which were not registered as follows:~~II

Date	Name	Number of Shares			Shares Outstanding
April 4, 2016	two directors and officers		20,000,000			20,000,000
July 24, 2016	Redemption		19,500,000			500,000
July 25, 2016	Lin Wei-Hsien		19,000,000			19,500,000
July 25, 2016	DazMc Securities		500,000			20,000,000
September 30, 2016	38 stockholders		640,000			20,640,000
March 6, 2018	Cancellation		250,000	*		20,390,000

*There Onis ~~March~~currently 6,no ~~2018,~~public ~~the~~market ~~Company repurchased 250,000 shares from its stockholder~~ for ~~$25.~~the ~~The 250,000 shares were canceled~~Company’s securities.

~~Item~~Following a business combination, a target 6company will normally wish to cause the Company’s common stock to trade in one or more United States securities markets. The ~~Selected~~target ~~Financial~~company ~~Data~~may elect to take the steps required for such admission to quotation following the business combination or at some later time.

~~There is~~At nosuch ~~selected~~time ~~financial~~as ~~data~~it ~~required~~qualifies, tothe beCompany may ~~filed~~choose to apply for aquotation ~~smaller~~of ~~reporting~~its ~~company~~securities on the OTC Bulletin Board.

~~Item~~The OTC Bulletin Board is a dealer-driven 7quotation service. ~~Management’s~~Unlike ~~Discussion~~the ~~and~~Nasdaq ~~Analysis~~Stock ofMarket, ~~Financial~~companies ~~Condition~~cannot directly apply to be quoted on the OTC Bulletin Board, only market makers can initiate quotes, and ~~Results~~quoted companies do not have to meet any quantitative financial requirements. Any equity security of ~~Operations~~a reporting company not listed on the Nasdaq Stock Market or on a national securities exchange is eligible.

~~Doers Education~~As ~~Asean~~such ~~Ltd.~~time ~~(formerly~~as ~~“Collins~~it ~~Island Acquisition Corporation”) was incorporated on April 4~~qualifies, ~~2016 under~~ the Company ~~laws~~may ofchoose ~~the State of Delaware~~ to ~~engage~~apply infor ~~any~~quotation ~~lawful~~of ~~corporate~~its ~~undertaking,~~securities ~~including,~~on ~~but not limited to, selected mergers and acquisitions. Doers Education Asean Ltd. (“Doers” or~~ the ~~“Company”)~~Nasdaq isCapital ~~a blank check company and qualifies as an “emerging growth company” as defined in the Jumpstart Our Business Startups Act which became law in April 2012~~Market.

~~Since inception~~In ~~Doers’~~general ~~operations~~there tois ~~date~~greatest ofliquidity for ~~the~~traded ~~period~~securities ~~covered~~on bythe ~~this~~Nasdaq ~~report~~Capital ~~have~~Market ~~been limited to issuing shares of common stock to its original stockholders~~ and ~~filing~~less ~~a registration statement~~ on ~~Form~~the 10OTC onBulletin ~~May~~Board. 2,It ~~2016~~is ~~with~~not ~~the~~possible ~~Securities~~to ~~and~~predict ~~Exchange~~where, ~~Commission~~if ~~pursuant~~at toall, the ~~Securities~~securities ~~Exchange Act~~ of ~~1934~~the asCompany ~~amended~~will tobe ~~register~~traded ~~its~~following ~~class~~a ofbusiness ~~common stock~~combination.

~~Doers~~Since ~~has no operations nor does it currently engage in any business activities generating revenues. Subsequent to the change of control which occurred in July 2016~~inception, the Company ~~anticipates~~has ~~that~~sold itsecurities ~~will~~which were ~~effect~~not aregistered ~~business~~as ~~combination to develop its business plan focused on business education and development.~~follows:

Date	Name	Number of Shares			Shares Outstanding
April 4, 2016	two directors and officers		20,000,000			20,000,000
July 24, 2016	Redemption		19,500,000			500,000
July 25, 2016	Lin Wei-Hsien		19,000,000			19,500,000
July 25, 2016	DazMc Securities		500,000			20,000,000
September 30, 2016	38 stockholders		640,000			20,640,000
March 6, 2018	Cancellation		250,000	*		20,390,000
June 8, 2020	Cancellation		250,000	*		20,140,000

~~A combination~~* ~~will~~On ~~normally~~March ~~take~~6, 2018, the ~~form~~Company ofrepurchased ~~a merger~~250,000 ~~stock-for-stock~~shares ~~exchange~~from orits ~~stock-~~stockholder for~~-assets~~ ~~exchange~~$25. InThe ~~most~~250,000 ~~instances the~~shares ~~target~~were ~~company~~canceled. ~~will~~On ~~wish~~June to8, ~~structure~~2020, ~~the business combination to be within the definition of~~ a ~~tax-free~~shareholder ~~reorganization~~canceled ~~under Section~~250,000 ~~351~~shares ~~or Section 368~~ of ~~the~~common ~~Internal~~stock ~~Revenue~~for ~~Code~~no ~~of 1986, as amended.~~consideration

~~No assurances~~Item ~~can~~6. beSelected ~~given~~Financial ~~that the Company will be successful in locating or negotiating with any target company~~Data.

~~As of~~There ~~December~~is ~~31, 2019, Doers had not generated revenues and had~~ no ~~income~~selected orfinancial ~~cash~~data ~~flows~~required ~~from~~to ~~operations~~be ~~since~~filed ~~inception. Doers had sustained net loss of $21,660~~ for ~~the year ended December 31, 2019 and has an accumulated deficit of $100,390 and $78,730~~ asa ofsmaller ~~December~~reporting ~~31, 2019 and 2018, respectively~~company.

~~The Company~~Item ~~generated $14,970 cash inflows from financing activities for the year ended December 31, 2019~~7. ~~Total~~Management’s ~~$14,970~~Discussion ~~net proceeds~~and ~~from~~Analysis ~~a related party were payments made by a related party on behalf~~ of ~~the~~Financial ~~Company~~Condition ~~for~~and ~~operating~~Results expenses purposes. The Company generated $36,985 cash inflows from financing activities for the year ended December 31, 2018. Total $37,010 net proceeds from a related party were payments made by a related party on behalf of ~~the Company for operating expenses purposes.~~ Operations

~~The Company’s~~Doers ~~independent~~Education ~~auditors~~Asean ~~have~~Ltd. ~~issued~~(formerly a“Collins Island ~~report~~Acquisition ~~raising~~Corporation”) ~~substantial~~was ~~doubt~~incorporated ~~about~~on ~~the~~April ~~Company’s~~4, ~~ability~~2016 tounder ~~continue as~~the alaws ~~going~~of ~~concern. At present,~~ the ~~Company~~State ~~has~~of noDelaware ~~operations~~to ~~and~~engage ~~the~~in ~~continuation~~any lawful ofcorporate ~~the~~undertaking, ~~Company~~including, asbut anot ~~going~~limited ~~concern~~to, isselected ~~dependent upon~~mergers ~~financial~~and ~~support~~acquisitions. ~~from~~Doers ~~its~~Education ~~stockholders,~~Asean ~~its~~Ltd. ~~ability~~(“Doers” or tothe ~~obtain~~“Company”) ~~necessary~~is ~~equity~~a ~~financing~~blank tocheck ~~continue~~company ~~operations~~ and~~/or~~ ~~to successfully~~qualifies ~~locate~~as ~~and~~an ~~negotiate~~“emerging ~~with~~growth acompany” ~~business~~as ~~entity~~defined ~~for~~ in the ~~combination~~Jumpstart ofOur ~~that~~Business ~~target~~Startups ~~company~~Act ~~with~~which ~~the~~became ~~Company~~law in April 2012.

~~Management~~Since inception Doers’ operations ~~pays~~to ~~all~~date ~~expenses~~of ~~incurred~~the period covered by this report have been limited to issuing shares of common stock to its original stockholders and filing a registration statement on Form 10 on May 2, 2016 with the ~~Company.~~Securities ~~There~~and isExchange noCommission ~~expectation~~pursuant to the Securities Exchange Act of ~~repayment~~1934 ~~for~~as ~~such~~amended ~~expenses~~to register its class of common stock.

~~Item~~Doers has no operations nor does it currently 8engage in any business activities generating revenues. ~~Financial~~Subsequent ~~Statements~~to ~~and~~the ~~Supplementary~~change ~~Data~~of control which occurred in July 2016, the Company anticipates that it will effect a business combination to develop its business plan focused on business education and development.

~~The financial statements for the year ended December 31, 2019 and 2018 are attached hereto.~~7

~~Item~~A combination will normally take the form 9of a merger, stock-for-stock exchange or stock-for-assets exchange. ~~Changes~~In inmost ~~and~~instances ~~Disagreements~~the ~~with~~target ~~Accountants~~company onwill ~~Accounting~~wish ~~and~~to ~~Financial~~structure the ~~Disclosure~~business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended.

~~During the~~In ~~year~~December ~~ended~~2019, ~~December~~a 31novel strain of coronavirus (COVID-19) emerged in Wuhan, ~~2019~~Hubei Province, weChina. ~~have~~While ~~had~~initially nothe ~~disagreements~~outbreak ~~with~~was ~~our~~largely ~~accountants~~concentrated onin ~~accounting~~China and ~~financial~~caused ~~disclosure~~significant disruptions to its economy, it has now spread to several other countries and infections have been reported globally.

~~Item~~Because COVID-19 infections have been reported 9Athroughout the United States, certain federal, state and local governmental authorities have issued stay-at-home orders, proclamations and/or directives aimed at minimizing the spread of COVID-19. ~~Controls~~Additional, more restrictive proclamations and/or ~~Procedures~~directives may be issued in the future.

~~Pursuant to Rules adopted by the Securities and Exchange Commission.~~ The ~~Company~~ultimate ~~carried~~impact ~~out an evaluation~~ of the ~~effectiveness~~COVID-19 ofpandemic ~~the~~on ~~design~~the ~~and~~Company’s ~~operation~~operations ofis ~~its~~unknown ~~disclosure~~and ~~controls~~will ~~and~~depend ~~procedures~~on ~~pursuant~~future todevelopments, ~~Exchange~~which ~~Act~~are ~~Rules.~~highly ~~This~~uncertain ~~evaluation~~and ~~was~~cannot ~~done~~be aspredicted ofwith confidence, including the ~~end~~duration of the ~~fiscal~~COVID-19 ~~year~~outbreak, ~~under~~new ~~the~~information ~~supervision~~which ~~and~~may ~~with~~emerge concerning the ~~participation~~severity of the ~~Company’s principal executive officer~~COVID-19 ~~(who~~pandemic, isand ~~also~~any ~~the~~additional ~~principal~~preventative ~~financial~~and ~~officer).~~protective ~~There~~actions ~~have~~that ~~been~~governments, noor ~~significant~~the ~~changes~~Company, inmay ~~internal~~direct, ~~controls~~which ormay result in ~~other factors~~an ~~that~~extended ~~could~~period ~~significantly affect internal controls subsequent to the date~~ of ~~the~~continued ~~evaluation.~~business ~~Based upon that evaluation~~disruption, hereduced ~~believes that~~customer ~~the~~traffic ~~Company’s disclosure controls~~ and ~~procedures~~reduced ~~are~~operations. ~~effective~~Any inresulting ~~gathering,~~financial ~~analyzing~~impact ~~and disclosing information needed~~cannot ~~to ensure that the information required to~~ be ~~disclosed~~reasonably byestimated ~~the~~at ~~Company~~this intime ~~its~~but ~~periodic reports~~ is ~~recorded,~~anticipated ~~summarized~~to ~~and~~have ~~processed timely.~~a ~~The~~material ~~principal~~adverse ~~executive~~impact ~~officer~~on isour ~~directly~~business, ~~involved~~financial incondition ~~the~~and ~~day-to-day operations~~ results of ~~the Company~~operations.

~~Management~~The measures taken to date will impact the Company’s business ~~Report~~for the fiscal year and potentially beyond. Management expects that all of ~~Internal~~its ~~Control~~business ~~over~~segments, ~~Financial~~across ~~Reporting~~all of its geographies, will be impacted to some degree, but the significance of the impact of the COVID-19 outbreak on the Company’s business and the duration for which it may have an impact cannot be determined at this time.

~~The~~No ~~Company~~assurances iscan ~~responsible~~be ~~for~~given ~~establishing~~that ~~and maintaining adequate internal control over financial reporting in accordance with~~ the ~~Rule 13a-15 of the Securities Exchange Act of 1934. The~~ Company’s ~~officer,~~will ~~its~~be ~~president,~~successful ~~conducted an evaluation of the effectiveness of the Company’s internal control over financial reporting as of December 31, 2019, based on the criteria establish~~ in ~~Internal~~locating ~~Control~~or ~~Integrated~~negotiating ~~Framework~~with ~~issued~~any bytarget ~~the Committee of Sponsoring Organizations of the Treadway Commission~~company. Based on this evaluation, management concluded that the Company’s internal control over financial reporting was not effective as of December 31, 2019, based on those criteria. A control system can provide only reasonably, not absolute, assurance that the objectives of the control system are met and no evaluation of controls can provide absolute assurance that all control issues have been detected.

~~The independent~~Results ~~registered public accounting firm for the Company, has not issued an attestation report on the effectiveness~~ of ~~the Company’s internal control over financial reporting.~~Operations

~~Changes~~As inof ~~Internal~~December ~~Control~~31, ~~Over~~2020, ~~Financial~~Doers ~~Reporting~~had not generated revenues and had no income or cash flows from operations since inception. Doers had sustained net loss of $17,547 for the year ended December 31, 2020 and has an accumulated deficit of $117,937 and $100,390 as of December 31, 2020 and 2019, respectively.

There were no changes in the Company’s internal controls over financial reporting during its fourth fiscal quarter that have materially affected, or are reasonably likely to materially affect, its internal control over financial reporting.8

~~Item 9B.~~Liquidity ~~Other~~and ~~information~~Capital Resources

~~Not~~The Company generated $16,859 cash inflows from ~~applicable~~financing activities for the year ended December 31, 2020. Total $16,859 net proceeds from a related party were payments made by a related party on behalf of the Company for operating expenses purposes. The Company generated $14,970 cash inflows from financing activities for the year ended December 31, 2019. Total $14,970 net proceeds from a related party were payments made by a related party on behalf of the Company for operating expenses purposes.

8The Company’s independent auditors have issued a report raising substantial doubt about the Company’s ability to continue as a going concern. At present, the Company has no operations and the continuation of the Company as a going concern is dependent upon financial support from its stockholders, its ability to obtain necessary equity financing to continue operations and/or to successfully locate and negotiate with a business entity for the combination of that target company with the Company.

~~PART~~Management pays all expenses incurred by the Company. There ~~III~~is no expectation of repayment for such expenses.

~~Item~~Significant ~~10.~~Accounting ~~Directors,~~Estimates ~~Executive Officers,~~ and ~~Corporate Governance;~~Policies

~~The following~~See ~~table~~Note ~~sets~~1 ~~forth~~to our ~~information~~2020 ~~regarding~~financial ~~the~~statements ~~member~~for ofsignificant ~~the~~accounting ~~Company’s~~policies ~~board~~affecting ofour ~~directors~~financial ~~and its executive officer:~~statements.

Name		Age		Position		Year Commenced
Lin Wei-Hsien		55		President, Treasurer and Secretary		2016

Item 8. Financial Statements and Supplementary Data

Lin Wei-Hsien serves as the sole officer and director of the Registrant. Mr. Lin serves as the executive chairman and CEO of Doers Education Group in Taiwan. Mr. Lin has a successful career in business training and publishing and speaking. He is the founder of the Chinese version of international courses including “BSE (The ~~Accelerated~~financial ~~Business~~statements ~~School of Entrepreneurs”, “Money and You” and “Winning~~ for ~~Life”. He was honored with “Top 10 Chinese International Speaker Award” in 2016 by~~ the ~~International~~years ~~Professional~~ended ~~Training~~December ~~Business Society~~31, ~~Asia’s~~2020 ~~Top 10 Corporate Trainer in 2016 by HKXW Newspaper~~ and ~~“The Best Chinese Speaker of the Year” in 2007 by Learning Mode China Century Success Forum.~~ ~~Throughout~~2019 ~~his~~are ~~career,~~attached Mrhereto. Lin has been very active in charitable activities. He was an originator of the successful “30 Hour Famine” for World Vision in 1990 and “Reserve Purest Land” for Tzu Chi Foundation from 1991 which he worked for King Car Education Foundation. He has worked extensively in disaster relief efforts and fundraising throughout China.

~~Director Independence~~Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

~~Pursuant to~~During ~~Rule 4200 of The NASDAQ Stock Market one of~~ the ~~definitions~~year ofended anDecember ~~independent~~31, ~~director~~2020, iswe ahave ~~person~~had ~~other~~no ~~than an executive~~disagreements ~~officer or employee of a company. The Company’s board of directors has reviewed the materiality of any relationship that each of the directors has~~ with ~~the~~our ~~Company,~~accountants ~~either directly or indirectly. Based~~ on ~~this~~accounting ~~review,~~and ~~the~~financial ~~board has determined that there are no independent directors~~disclosure.

~~Committees and Terms~~9

~~The Board~~Item of9A. ~~Directors~~Controls ~~(the~~and ~~“Board”) has not established any committees.~~Procedures

~~Legal~~Pursuant to Rules adopted by the Securities ~~Proceedings~~and Exchange Commission. The Company carried out an evaluation of the effectiveness of the design and operation of its disclosure controls and procedures pursuant to Exchange Act Rules. This evaluation was done as of the end of the fiscal year under the supervision and with the participation of the Company’s principal executive officer (who is also the principal financial officer). There have been no significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of the evaluation. Based upon that evaluation, he believes that the Company’s disclosure controls and procedures are effective in gathering, analyzing and disclosing information needed to ensure that the information required to be disclosed by the Company in its periodic reports is recorded, summarized and processed timely. The principal executive officer is directly involved in the day-to-day operations of the Company.

~~There are~~Management’s ~~currently~~Report noof ~~pending,~~Internal ~~threatened~~Control orover ~~actual~~Financial ~~legal proceedings in which the Company or any subsidiary is a party.~~Reporting

~~There~~The Company is responsible for establishing ~~are~~and nomaintaining ~~agreements~~adequate orinternal ~~understandings~~control ~~for~~over financial reporting in accordance with the ~~above~~Rule 13a-~~named~~15 ~~officers~~of orthe ~~directors~~Securities toExchange Act ~~resign~~of at1934. The Company’s officer, its president, conducted an evaluation of the ~~request~~effectiveness of ~~another~~the ~~person~~Company’s ~~and~~internal control over financial reporting as of December 31, 2020, based on the criteria establish in Internal Control Integrated Framework ~~above-named~~issued ~~officers~~by ~~and~~the ~~directors~~Committee ~~are~~of ~~not~~Sponsoring ~~acting~~Organizations of the Treadway Commission. Based on ~~behalf~~this evaluation, management concluded that the Company’s internal control over financial reporting was not effective as of ~~nor~~December ~~will~~31, ~~act~~2020, atbased on those criteria. A control system can provide only reasonably, not absolute, assurance that the ~~direction~~objectives of ~~any~~the ~~other~~control ~~person~~system are met and no evaluation of controls can provide absolute assurance that all control issues have been detected.

~~Conflicts~~The independent registered public accounting firm for the Company, has not issued an attestation report on the effectiveness of ~~Interest~~the Company’s internal control over financial reporting.

~~The officers~~Changes ~~and~~in ~~directors~~Internal ofControl ~~the~~Over ~~Company~~Financial have organized and expect to organize other companies with an identical structure, purpose, officers, directors and stockholders. As such management believes there is no conflict of interest in these companies.Reporting

~~The blank~~There ~~check~~were ~~companies~~no ~~with~~changes ~~which~~in ~~prior management (including~~ the ~~directors) is involved are identical except for the name. As~~Company’s ~~and~~internal ~~when~~controls ~~created,~~over nofinancial ~~one~~reporting ~~blank~~during ~~check~~its ~~company~~fourth ~~offers~~fiscal ~~management~~quarter ~~any~~that ~~more~~have ~~favorable~~materially ~~terms~~affected, ~~than~~or ~~the~~are ~~others.~~reasonably ~~Thus no conflict of interest~~likely ~~arises~~to ~~for~~materially ~~management~~affect, ~~between~~its ~~any~~internal ofcontrol ~~the~~over ~~blank~~financial ~~check companies~~reporting.

~~There are~~Item ~~no binding guidelines or procedures for resolving potential conflicts of interest~~9B. ~~Failure~~Other by management to resolve conflicts of interest in favor of the Company could result in liability of management to the Company. However, any attempt by stockholders to enforce a liability of management to the Company would most likely be prohibitively expensive and time consuming.information

~~Code of~~Not ~~Ethics~~applicable.

The Company has not at this time adopted a Code of Ethics pursuant to rules described in Regulation S-K. The Company has no operations or business and does not receive any revenues or investment capital. The adoption of an Ethical Code at this time would not serve the primary purpose of such a code to provide a manner of conduct as the development, execution and enforcement of such a code would be by the same persons and only persons to whom such code applied. Furthermore, the Company does not have any activities or transactions that would be subject to this code. At the time the Company enters into a business combination or other corporate transaction, the current officers and directors will recommend to any new management that such a code be adopted. The Company does not maintain an Internet website on which to post a code of ethics. 10

9PART III

Item 10. Directors, Executive Officers, and Corporate Governance;

~~For reasons~~The ~~similar~~following totable ~~those~~sets ~~described~~forth ~~above,~~information ~~the~~regarding ~~Company does not have a nominating nor audit committee of~~ the ~~board~~ member of ~~directors. At~~ the ~~period covered by this Report, the~~ Company’s ~~consists~~board of ~~two stockholders who serve as the corporate~~ directors and ~~officers. The~~its ~~Company~~executive ~~has no activities and receives no revenues.~~officer:

At such time that the Company enters into a business combination and/or has additional stockholders and a larger board of directors and commences activities, the Company will propose creating committees of its board of directors, including both a nominating and an audit committee. There is no established process by which stockholders to the Company can nominate members to the Company’s board of directors. Similarly, however, at such time as the Company has more stockholders and an expanded board of directors, the new management of the Company may review and implement, as necessary, procedures for stockholder nomination of members to the Company’s board of directors.

Name		Age		Position		Year Commenced
Lin Wei-Hsien		56		President, Treasurer and Secretary		2016

~~Item~~Lin Wei-Hsien serves as the sole officer and 11director of the Registrant. ~~Executive~~Mr. ~~Compensation~~Lin serves as the executive chairman and CEO of Doers Education Group in Taiwan. Mr. Lin has a successful career in business training and publishing and speaking. He is the founder of the Chinese version of international courses including “BSE (The Accelerated Business School of Entrepreneurs”, “Money and You” and “Winning for Life”. He was honored with “Top 10 Chinese International Speaker Award” in 2016 by the International Professional Training Business Society, Asia’s Top 10 Corporate Trainer in 2016 by HKXW Newspaper and “The Best Chinese Speaker of the Year” in 2007 by Learning Mode China Century Success Forum. Throughout his career, Mr. Lin has been very active in charitable activities. He was an originator of the successful “30 Hour Famine” for World Vision in 1990 and “Reserve Purest Land” for Tzu Chi Foundation from 1991 which he worked for King Car Education Foundation. He has worked extensively in disaster relief efforts and fundraising throughout China.

~~Discussion of~~Director ~~Compensation Table~~Independence

Pursuant to Rule 4200 of The NASDAQ Stock Market ~~Company~~one ~~has~~of ~~not~~the ~~paid~~definitions ~~any~~of ~~compensation~~an toindependent ~~date~~director is a person other than an executive officer or employee of a company. The Company’s board ~~anticipates~~of ~~that~~directors ithas ~~will~~reviewed ~~commence~~the ~~payment~~materiality of ~~compensation.~~any Norelationship ~~officer~~that each of the directors has with the Company, either directly or ~~director~~indirectly. ~~received~~Based ~~any~~on ~~salary~~this orreview, ~~stock~~the orboard ~~stock~~has ~~awards~~determined inthat ~~2019~~there are no independent directors.

~~Employment Agreements~~Committees and Terms

The ~~Company~~ ~~has~~Board ~~not~~of ~~entered~~Directors ~~into~~(the ~~employment~~“Board”) has ~~agreements~~not ~~with~~established any ~~of its employees or officers~~committees.

~~Anticipated Officer~~Legal ~~and Director Remuneration~~Proceedings

~~The Company~~There ~~has~~are ~~not~~currently tono date paid any compensation to any officer or director nor is any compensation owned to any officer or director as of date hereto. The Company intends to begin to pay annual salaries to all its officers and will pay an annual stipend to its directors whenpending, ~~and if, it completes a primary public offering for the sale of securities and/or the Company reaches profitability,~~threatened ~~experiences positive cash flow and/~~or ~~obtains~~actual ~~additional~~legal ~~funding.~~proceedings Atin ~~such~~which ~~time,~~ the Company anticipates offering cash and non-cash compensation to officers and directors. In addition, although not presently offered, the Company anticipates that its officers and directors will be provided with a group health, vision and dental insurance program at subsidizes rates, or atany ~~the~~subsidiary ~~sole~~is ~~expense of the Company, as may be determined on~~ a ~~case-by-case basis by the Company in its sole discretion~~party.

~~Item~~There are no agreements or understandings for ~~12.~~the ~~Security~~above-named ~~Ownership~~officers ofor ~~Certain~~directors ~~Beneficial~~to ~~Owners~~resign at the request of another person and ~~Management~~the above-named officers and ~~Related~~directors ~~Stockholder~~are not ~~Matters~~acting on behalf of nor will act at the direction of any other person.

~~The following~~Conflicts ~~table sets forth information as~~ of the date of this prospectus regarding the beneficial ownership of the Company’s common stock by each of its executive officers and directors, individually and as a group and by each person who beneficially owns in excess of five percent of the common stock after giving effect to any exercise of warrants or options held by that person.Interest

Name of Beneficial Owner		Position		Amount of Shares Beneficial Owned				Percent of class (1)
Wei-Hsien, Lin		President, Secretary and Treasurer			19,000,000				93.18	%

The officers and directors of the Company have organized and expect to organize other companies with an identical structure, purpose, officers, directors and stockholders. As such management believes there is no conflict of interest in these companies.

The blank check companies with which prior management (1including the directors) ~~Based upon~~ 20is involved are identical except for the name. As and when created,~~390,000~~ ~~shares~~no ~~outstanding~~one asblank ofcheck company offers management any more favorable terms than the ~~date~~others. Thus no conflict of ~~this~~interest ~~offering~~arises for management between any of the blank check companies.

10There are no binding guidelines or procedures for resolving potential conflicts of interest. Failure by management to resolve conflicts of interest in favor of the Company could result in liability of management to the Company. However, any attempt by stockholders to enforce a liability of management to the Company would most likely be prohibitively expensive and time consuming.

~~Item 13. Certain Relationships and Related Transactions and Director Independence~~11

~~As of~~Code ~~December 31, 2019, the Company issued a total~~ of ~~20,390,000 shares of common stock pursuant to Section 4(2) of the Securities Act at a discount of $2,000.~~Ethics

~~In accordance~~The ~~with~~Company anhas ~~April~~not ~~29,~~at ~~2016~~this ~~Board~~time adopted a Code of ~~Directors~~Ethics ~~meeting,~~pursuant ~~Mr.~~to ~~Wei~~rules described in Regulation S-~~Hsien~~K. –The ~~President~~Company ofhas ~~the~~no ~~company~~operations ~~agreed~~or tobusiness ~~pay~~and ~~all~~does not receive any ~~operation~~revenues ~~expenses~~or ~~for~~investment ~~the~~capital. ~~Company~~The asadoption ~~Director’s~~of ~~loan~~an ~~with~~Ethical noCode ~~interest~~at ~~calculated~~this ~~until~~time would not serve the ~~Company~~primary ~~can~~purpose ~~raise~~of ~~sufficient~~such a code ~~funds~~to ~~for~~provide ~~its~~a ~~operation~~manner ~~and~~of ~~project~~conduct as the development., ~~This~~execution ~~was~~and anenforcement ~~oral~~of ~~agreement~~such ~~between~~a code would be by the ~~Company~~same persons and ~~Mr.~~only persons ~~Wei-Hsien.~~to Aswhom ofsuch ~~December 31~~code applied. Furthermore, ~~2019~~the ~~and~~Company ~~2018,~~does ~~due~~not have any activities or transactions that would be subject to Mrthis code. ~~Wei-Hsien~~At ~~amounted~~the totime ~~$94~~the Company enters into a business combination or other corporate transaction,~~869~~ the current officers and directors ~~$79,899~~will ~~representing~~recommend ~~professional~~to ~~fees~~any ~~paid~~new onmanagement ~~behalf~~that ofsuch ~~the~~a code be adopted. The Company does not maintain an Internet website on which to post a code of ethics.

~~The Company~~Corporate is not currently required to maintain an independent director as defined by Rule 4200 of the Nasdaq Capital Market nor does it anticipate that it will be applying for listing of its securities on an exchange in which an independent directorship is required. It is likely that neither of the officers and directors would be considered independent directors if it were to do so.Governance

~~Item~~For reasons similar to those described above, 14the Company does not have a nominating nor audit committee of the board of directors. ~~Principal~~At ~~Accounting~~the ~~Fees~~period covered by this Report, the Company consists of two stockholders who serve as the corporate directors and ~~Services~~officers. The Company has no activities and receives no revenues.

~~The~~ At such time that the Company enters into a business combination and/or has noadditional stockholders and a larger board of directors and commences activities, ~~except~~the ~~for~~Company ~~independent~~will propose creating committees of its board of directors, including both a nominating and an audit committee. There is no established process by which stockholders to the Company can nominate members to the Company’s board of directors. Similarly, however, at such time as the Company has more stockholders and ~~Delaware~~an ~~state~~expanded ~~fees~~board of directors, the new management of the Company may review and implement, as necessary, procedures for stockholder nomination of members to the Company’s board of directors.

~~Audit Fees~~Item consist of fees billed for professional services rendered for the audit of our company’s financial statements and review of our interim financial statements included in quarterly reports and services that are normally provided by our auditors in connection with statutory and regulatory filings or engagements11. ~~The~~Executive ~~following table represents audit fees for the years ended December 31, 2019 and 2018, respectively.~~Compensation

		2019				2018
Audit Fees		$	7,000			$	7,000

Discussion of Compensation Table

The Company ~~does~~has not ~~currently~~paid ~~have~~any ancompensation ~~audit committee serving and as a result its board of directors performs the duties of an audit~~to ~~committee~~date. The ~~board~~Company ofanticipates ~~directors~~that it will ~~evaluate~~commence ~~and~~payment ~~approve~~of incompensation. ~~advance,~~No ~~the~~officer ~~scope~~or ~~and~~director ~~cost~~received ofany ~~the~~salary ~~engagement~~or ~~of an auditor before~~stock ~~the~~or ~~auditor~~stock ~~renders~~awards ~~audit~~in ~~and non-audit services~~2020. ~~The Company does not rely on pre-approval policies and procedures.~~

11Employment Agreements

~~PART~~The Company has not entered into employment IVagreements with any of its employees or officers.

~~Item 15.~~Anticipated ~~Exhibits,~~Officer ~~Financial~~and ~~Statement~~Director ~~Schedules~~Remuneration

1)The Company has not to date paid any compensation ~~Financial~~to ~~Statements:~~any officer or director nor is any compensation owned to any officer or director as of date hereto. The ~~financial~~Company ~~statements,~~intends ~~related~~to ~~notes~~begin to pay annual salaries to all its officers and ~~report~~will ofpay ~~independent~~an ~~registered~~annual ~~public~~stipend ~~accounting~~to ~~firm~~its ~~are~~directors when, and if, it completes a primary ~~included~~public inoffering ~~Item~~for 8the sale of ~~Part~~securities IIand/or the Company reaches profitability, experiences positive cash flow and/or obtains additional funding. At such time, the Company anticipates offering cash and non-cash compensation to officers and directors. In addition, although not presently offered, the Company anticipates that its officers and directors will be provided with a group health, vision and dental insurance program at subsidizes rates, or at the sole expense of ~~this~~the ~~2018~~Company, ~~Annual~~as ~~Report~~may be determined on a ~~Form 10~~case-Kby-case basis by the Company in its sole discretion.

~~2) Financial~~Item ~~Statement~~12. ~~Schedules:~~Security ~~All~~Ownership ~~schedules~~of ~~have~~Certain ~~been~~Beneficial ~~omitted~~Owners ~~because~~and ~~they~~Management ~~are~~and ~~not~~Related ~~applicable~~Stockholder ~~or not required, or the required information is included in the financial statements or notes thereto.~~Matters

3)The following table sets forth information ~~Exhibits:~~as of the date of this prospectus regarding the beneficial ownership of the Company’s common stock by each of its executive officers and directors, individually and as a group and by each person who beneficially owns in excess of five percent of the common stock after giving effect to any exercise of warrants or options held by that person.

31.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a)/15d-14(a)
Name of Beneficial Owner	Position	Amount of Shares Beneficial Owned		Percent of class (1)
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350
Wei-Hsien, Lin	President, Secretary and Treasurer		19,000,000		94.34	%
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

12(1) Based upon 20,140,000 shares outstanding as of the date of this offering.

~~FINANCIAL STATEMENTS~~12

Report of Independent Registered Public Accounting Firm	F-2
Balance Sheets as of December 31, 2019 and 2018	F-3
Statements of Operations for the Years ended December 31, 2019 and 2018	F-4
Statements of Changes in Stockholders’ Deficit for the Years ended December 31, 2019 and 2018	F-5
Statements of Cash Flows for the Years ended December 31, 2019 and 2018	F-6
Notes to Financial Statements	F-7 - F-9

~~F-1~~As of December 31, 2020, the Company issued a total of 20,140,000 shares of common stock pursuant to Section 4(2) of the Securities Act at a discount of $2,000.

~~REPORT~~In OFaccordance ~~INDEPENDENT~~with ~~REGISTERED~~an ~~PUBLIC~~April ~~ACCOUNTING~~29, ~~FIRM~~2016 Board of Directors meeting, Mr. Wei-Hsien – President of the Company agreed to pay all operation expenses for the Company as Director’s loan with no interest calculated until the Company can raise sufficient funds for its operation and project development. This was an oral agreement between the Company and Mr. Wei-Hsien. As of December 31, 2020 and 2019, due to Mr. Wei-Hsien amounted to $111,728 and $94,869 representing professional fees paid on behalf of the Company.

ToThe Company is not currently required to maintain an independent director as defined by Rule 4200 of the ~~Board~~Nasdaq Capital Market nor does it anticipate that it will be applying for listing of ~~Directors~~its securities on an exchange in which an independent directorship is required. It is likely that neither of the officers and directors would be considered independent directors if it were to do so.

~~Stockholders of~~Item ~~Doers~~14. ~~Education~~Principal ~~Asean~~Accounting ~~Limited~~Fees and Services.

~~Opinion on~~The ~~the~~Company ~~Financial~~has ~~Statements~~no activities except for independent audit and Delaware state fees.

WeAudit ~~have~~Fees ~~audited~~consist ~~the accompanying balance sheets~~ of ~~Doers~~fees ~~Education~~billed ~~Asean~~for ~~Limited (the “Company”) as of December 31, 2019 and 2018, the related statements of operations,~~professional ~~stockholders’~~services ~~deficit,~~rendered ~~and cash flows~~ for the ~~years~~audit ~~ended~~of ~~December~~our ~~31,~~company’s ~~2019~~financial ~~and~~statements ~~2018,~~ and ~~the~~review ~~related~~of ~~notes (collectively referred to as the “financial statements”). In~~ our ~~opinion,~~interim ~~the~~ financial statements ~~present fairly,~~ included in ~~all~~quarterly ~~material respects,~~reports ~~the~~and ~~financial~~services ~~position~~that ofare ~~the~~normally ~~Company~~provided asby ofour ~~December~~auditors ~~31,~~in ~~2019~~connection ~~and~~with ~~2018,~~statutory and ~~the~~regulatory ~~results~~filings or ofengagements. ~~its~~The ~~operations~~following ~~and~~table ~~its~~represents ~~cash flows~~audit fees for the years ended December 31, ~~2019~~2020 and ~~2018~~2019, ~~in conformity with accounting principles generally accepted in the United States of America~~respectively.

Going Concern

		2020				2019
Audit Fees		$	7,000			$	7,000

The ~~accompanying~~ ~~financial~~Company ~~statements~~does ~~have~~not ~~been~~currently ~~prepared~~have ~~assuming~~an ~~that~~audit committee ~~the~~serving ~~Company~~and ~~will continue~~ as a ~~going~~result ~~concern.~~its Asboard ~~discussed in~~of ~~Note~~directors 2performs to the ~~financial~~duties ~~statements,~~of ~~the~~an ~~Company~~audit ~~has~~committee. ~~had~~The noboard ~~revenues~~of ~~and~~directors ~~income~~will evaluate ~~since~~and ~~inception.~~approve ~~These~~in ~~conditions~~advance, ~~among others, raise substantial doubt about~~ the ~~Company’s~~scope ~~ability~~and tocost ~~continue~~of ~~as a going concern. Management’s plans concerning these matters are also described in Note 2, which includes~~ the ~~raising~~engagement of ~~additional~~an ~~equity~~auditor ~~financing~~before orthe ~~merger~~auditor ~~with~~renders ~~another~~audit ~~entity.~~and non-audit services. The ~~financial~~Company ~~statements~~does do not ~~include~~rely ~~any~~on ~~adjustments~~pre-approval ~~that~~policies ~~might~~and ~~result from the outcome of this uncertainty~~procedures.

~~Basis for Opinion~~13

~~These financial~~PART statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.IV

~~We conducted~~Item ~~our audits in accordance with the standards of the PCAOB~~15. ~~Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement~~Exhibits, ~~whether~~Financial ~~due~~Statement to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting 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.Schedules

~~Our audits~~1) ~~included~~Financial ~~performing~~Statements: ~~procedures~~The ~~to assess the risks of material misstatement of the~~ financial statements, ~~whether due to~~ ~~error~~related ornotes ~~fraud,~~ and ~~performing~~report ~~procedures~~of ~~that~~independent ~~respond~~registered topublic ~~those~~accounting ~~risks.~~firm ~~Such~~are ~~procedures~~ included ~~examining, on a test basis, evidence regarding the amounts and disclosures~~ in ~~the~~Item ~~financial~~8 ~~statements.~~of ~~Our~~Part ~~audits~~II ~~also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation~~ of ~~the~~this ~~financial~~2018 ~~statements.~~Annual WeReport ~~believe~~on ~~that our audits provide a reasonable basis for our opinion~~Form 10-K.

~~/s/~~2) Financial Statement Schedules: All schedules ~~KCCW~~have ~~Accountancy~~been ~~Corp~~omitted because they are not applicable or not required, or the required information is included in the financial statements or notes thereto.

~~We have~~3) ~~served as the Company’s auditor since 2016.~~Exhibits:

Los Angeles, California

31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a)/15d-14(a)
32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

~~March 25, 2020~~14

~~F-2~~FINANCIAL STATEMENTS

DOERS EDUCATION ASEAN LIMITED

Report of Independent Registered Public Accounting Firm	F-2

Balance Sheets as of December 31, 2020 and 2019	F-3

Statements of Operations for the Years ended December 31, 2020 and 2019	F-4

Statements of Changes in Stockholders’ Deficit for the Years ended December 31, 2020 and 2019	F-5

Statements of Cash Flows for the Years ended December 31, 2020 and 2019	F-6

Notes to Financial Statements	F-7 - F-11

~~BALANCE SHEETS~~F-1

	December 31, 2019			December 31, 2018
ASSETS
Current Assets
Cash and cash equivalents	$	3,374		$	6,989
Total Assets	$	3,374		$	6,989
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Accrued liabilities	$	7,250		$	4,175
Due to a related party		94,869			79,899
Total Liabilities		102,119			84,074
Stockholders’ Deficit
Preferred stock, $0.0001 par value 20,000,000 shares authorized; none issued and outstanding at December 31, 2019 and 2018, respectively		-			-
Common stock, $0.0001 par value, 10,000,000,000 shares authorized; 20,390,000 and 20,390,000 shares issued and outstanding at December 31, 2019 and 2018, respectively		2,039			2,039
Discount on common stock		(2,000	)		(2,000	)
Additional paid-in capital		1,606			1,606
Accumulated deficit		(100,390	)		(78,730	)
Total stockholders’ deficit		(98,745	)		(77,085	)
Total Liabilities and Stockholders’ Deficit	$	3,374		$	6,989

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

~~The accompanying~~To ~~notes~~the ~~are~~Board ~~an integral part~~ of ~~these~~Directors ~~financial statements.~~and

~~F-3~~Stockholders of Doers Education Asean Limited

~~DOERS EDUCATION~~Opinion ~~ASEAN~~on ~~LIMITED~~the Financial Statements

~~STATEMENTS~~We have audited the accompanying balance sheets OFof ~~OPERATIONS~~Doers Education Asean Limited (the “Company”) as of December 31, 2020 and 2019, the related statements of operations, stockholders’ deficit, and cash flows for the years ended December 31, 2020 and 2019, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2020 and 2019, and the results of its operations and its cash flows for the years ended December 31, 2020 and 2019, in conformity with accounting principles generally accepted in the United States of America.

~~FOR THE~~Going ~~YEARS ENDED DECEMBER 31, 2019 AND 2018~~Concern

	For the years ended December 31,
	2019			2018
Revenue	$	-		$	-
Cost of Revenues		-			-
Gross Profit		-			-
Operating expenses		21,668			23,706
Other Income		(8	)		(21	)
Loss before income taxes		(21,660	)		(23,685	)
Income Tax Expense		-			-
Net loss	$	(21,660	)	$	(23,685	)
Loss per share - basic and diluted	$	(0.00	)	$	(0.00	)
Weighted average shares- basic and diluted		20,390,000			20,433,836

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has had no revenues and income since inception. These conditions, among others, raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans concerning these matters are also described in Note 2, which includes the raising of additional equity financing or merger with another entity. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~The accompanying~~Basis ~~notes~~for ~~are an integral part of these financial statements.~~Opinion

~~F-4~~These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

~~DOERS~~We conducted our audits in accordance with ~~EDUCATION~~the ~~ASEAN~~standards ~~LIMITED~~of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting 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.

~~STATEMENTS~~Our audits included performing procedures to OFassess ~~STOCKHOLDERS’~~the ~~DEFICIT~~risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

~~FOR THE~~/s/ ~~YEARS~~KCCW ~~ENDED~~Accountancy ~~DECEMBER 31, 2019 and 2018~~Corp.

							Discount on			Additional					Total
	Common Stock						Common			Paid-in		Accumulated			Stockholders’
	Shares			Amount			Stock			Capital		Deficit			Deficit
Balance December 31, 2017		20,640,000		$	2,064		$	(2,000	)	$	1,606	$	(55,045	)	$	(53,375	)
Redemption of common stock		(250,000	)		(25	)		-			-		-			(25	)
Net loss		-			-			-			-		(23,685	)		(23,685	)
Balance December 31, 2018		20,390,000			2,039			(2,000	)		1,606		(78,730	)		(77,085	)
Net loss		-			-			-			-		(21,660	)		(21,660	)
Balance December 31, 2019		20,390,000		$	2,039		$	(2,000	)	$	1,606	$	(100,390	)	$	(98,745	)

We have served as the Company’s auditor since 2016.

~~The accompanying~~Los ~~notes~~Angeles, ~~are an integral part of these financial statements.~~California

~~F-5~~April 1, 2021

~~DOERS EDUCATION ASEAN LIMITED~~F-2

~~STATEMENTS OF~~DOERS ~~CASH~~EDUCATION ~~FLOWS~~ASEAN LIMITED

~~FOR THE~~BALANCE ~~YEARS ENDED DECEMBER 31, 2019 AND 2018~~SHEETS

	For the years ended December 31,
	December 31, 2020			December 31, 2019
	2019			2018
ASSETS
OPERATING ACTIVITIES
Current Assets
Net loss	$	(21,660	)	$	(23,685	)
Cash	$	3,376		$	3,374
Changes in Operating Assets and Liabilities:
Total Assets	$	3,376		$	3,374
Accrued liabilities		3,075			(6,375	)
LIABILITIES AND STOCKHOLDERS' EQUITY
Net cash used in operating activities		(18,585	)		(30,060	)
Current Liabilities
FINANCING ACTIVITIES
Accrued liabilities	$	7,940		$	7,250
Net proceeds from a related party		14,970			37,010
Due to a related party		111,728			94,869
Payments made to a stockholder to redeem common stock		-			(25	)
Total Liabilities		119,668			102,119
Net cash provided by financing activities		14,970			36,985
Commitments and Contingencies
Net (decrease) increase in cash		(3,615	)		6,925
Stockholders' Equity
Cash, beginning of period		6,989			64
Preferred stock, $0.0001 par value 20,000,000 shares authorized;
Cash, end of period	$	3,374		$	6,989
none issued and outstanding at December 31, 2020 and 2019, respectively		-			-
SUPPLEMENTAL DISCLOSURES:
Common stock, $0.0001 par value, 10,000,000,000 shares authorized;
Cash paid during the period for:
20,140,000 and 20,390,000 shares issued and outstanding at December 31, 2020 and 2019, respectively		2,014			2,039
Income tax	$	-		$	-
Discount on common stock		(2,000	)		(2,000	)
Interest	$	-		$	-
Additional paid-in capital		1,631			1,606
Accumulated deficit		(117,937	)		(100,390	)
Total stockholders' deficit		(116,292	)		(98,745	)
Total Liabilities and Stockholders' Deficit	$	3,376		$	3,374

The accompanying notes are an integral part of these financial statements.

F-63

DOERS EDUCATION ASEAN LIMITED

~~NOTES TO~~STATEMENTS ~~FINANCIAL~~OF ~~STATEMENTS~~OPERATIONS

~~NOTE 1~~FOR -THE ~~NATURE~~YEARS OFENDED ~~OPERATIONS~~DECEMBER ~~AND~~31, ~~SUMMARY~~2020 ~~OF SIGNIFICANT ACCOUNTING POLICIES~~and 2019

NATURE OF OPERATIONS

	For the years ended December 31,
	2020			2019

Revenue	$	-		$	-
Cost of revenues		-			-
Gross profit		-			-

Operating expenses		17,549			21,668

Other income		(2	)		(8	)

Loss before income taxes		(17,547	)		(21,660	)

Income tax expense		-			-

Net loss	$	(17,547	)	$	(21,660	)

Loss per share - basic and diluted	$	(0.00	)	$	(0.00	)

Weighted average shares - basic and diluted		20,248,904			20,390,000

Doers Education Asean Limited (the “Company”) was incorporated on April 4, 2016 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The ~~Company~~accompanying ~~has been~~notes inare ~~the~~an ~~developmental~~integral ~~stage since inception and its operations to date have been limited to issuing shares to its original~~part ~~stockholders. The Company will attempt to locate and negotiate with a business entity for the combination~~ of ~~that~~these ~~target~~financial ~~company with the Company~~statements. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.

~~BASIS OF PRESENTATION~~F-4

~~The summary~~DOERS ofEDUCATION ~~significant~~ASEAN accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects and have been consistently applied in preparing the accompanying financial statements.LIMITED

~~USE~~ STATEMENTS OF ~~ESTIMATES~~STOCKHOLDERS’ DEFICIT

~~The preparation~~FOR ofTHE ~~financial~~YEARS ~~statements~~ENDED inDECEMBER conformity with 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 statements31, ~~and~~2020 ~~the reported amounts of revenues~~ and ~~expenses during the reporting periods. Actual results could differ from those~~ ~~estimates.~~2019

CASH AND CASH EQUIVALENTS

							Discount on			Additional
	Common Stock						Common			Paid-in		Accumulated			Stockholders'
	Shares			Amount			Stock			Capital		Deficit			Equity

Balance December 31, 2019		20,390,000			2,039			(2,000	)		1,606		(100,390	)	$	(98,745	)
Cancellation of stock		(250,000	)		(25	)		-			25		-			-
Net loss		-			-			-			-		(17,547	)		(17,547	)

Balance December 31, 2020		20,140,000		$	2,014		$	(2,000	)	$	1,631	$	(117,937	)	$	(116,292	)

Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of December 31, 2019 and 2018, the Company had cash on hand and in bank of $3,374 and $6,989, respectively.

					Discount on			Additional
	Common Stock				Common			Paid-in		Accumulated			Stockholders'
	Shares		Amount		Stock			Capital		Deficit			Equity

Balance December 31, 2018		20,390,000		2,039		(2,000	)		1,606		(78,730	)	$	(77,085	)

Net loss		-		-		-			-		(21,660	)		(21,660	)

Balance December 31, 2019		20,390,000	$	2,039	$	(2,000	)	$	1,606	$	(100,390	)	$	(98,745	)

~~CONCENTRATION~~The OFaccompanying ~~CREDIT~~notes ~~RISK~~are an integral part of these financial statements.

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company maintains its cash in bank in Taiwan where the standard deposit insurance coverage limit is approximately $100,627 (NT$3 million). The Company’s bank balance did not exceed the insured amounts as of December 31, 2019 and 2018, respectively.F-5

~~INCOME TAXES~~DOERS EDUCATION ASEAN LIMITED

~~Under ASC~~STATEMENTS ~~740,~~OF ~~“Income~~CASH Taxes,” deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. 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. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2019 and 2018, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.FLOWS

~~LOSS PER~~FOR ~~COMMON~~THE ~~SHARE~~YEARS ENDED DECEMBER 31, 2020 and 2019

Basic loss per common share excludes dilution and is computed by dividing net loss with the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2019 and 2018, there are no outstanding dilutive securities.

	For the years ended December 31,
	2020			2019
OPERATING ACTIVITIES
Net Loss	$	(17,547	)	$	(21,660	)
Changes in Operating Assets and Liabilities:
Accrued liability		690			3,075
Net cash used in operating activities		(16,857	)		(18,585	)

FINANCING ACTIVITIES
Net proceeds from a related party		16,859			14,970
Net cash provided by financing activities		16,859			14,970

Net (decrease) increase in cash		2			(3,615	)

Cash, beginning of period		3,374			6,989

Cash, end of period	$	3,376		$	3,374

SUPPLEMENTAL DISCLOSURES:
Cash paid during the period for:
Income tax	$	-		$	-
Interest	$	-		$	-

~~F-7~~The accompanying notes are an integral part of these financial statements.

~~FAIR VALUE OF FINANCIAL INSTRUMENTS~~F-6

~~The Company~~DOERS ~~follows~~EDUCATION ~~guidance~~ASEAN for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.LIMITED

~~The hierarchy~~NOTES ~~gives~~TO ~~the~~FINANCIAL highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:STATEMENTS

~~Level~~ NOTE 1 ~~inputs~~- ~~are~~NATURE ~~quoted~~OF ~~prices~~OPERATIONS ~~(unadjusted)~~AND inSUMMARY ~~active markets for identical assets or liabilities that the Company has the ability~~OF toSIGNIFICANT ~~access~~ACCOUNTING ~~at the measurement date.~~POLICIES

~~Level 2~~NATURE ~~inputs~~OF ~~are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.~~OPERATIONS

~~Level~~Doers 3Education ~~unobservable~~Asean ~~inputs~~Limited ~~that~~(the ~~are~~“Company”) was ~~supported~~incorporated byon ~~little~~April 4, 2016 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, orbut nonot ~~market~~limited ~~activity~~to, selected mergers and acquisitions. The Company has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original stockholders. The Company will attempt to locate and negotiate with a business entity for the combination of that ~~are~~target ~~significant~~company with the Company. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the ~~fair~~business ~~value~~combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the ~~assets~~Internal Revenue ~~and~~Code ~~liabilities~~of 1986, as amended. ~~This~~No ~~includes~~assurances ~~certain~~can ~~pricing~~be ~~models,~~given that the Company will be successful in locating or negotiating with ~~discounted~~any ~~cash~~target ~~flow~~company. ~~methodologies~~The ~~and~~Company ~~similar~~has ~~techniques~~been ~~that~~formed ~~use~~to ~~significant~~provide ~~unobservable~~a ~~inputs~~method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.

The ~~Company~~outbreak ~~considers~~of ~~the~~COVID19 ~~recorded~~coronavirus ~~value of~~worldwide ~~its~~starting ~~financial~~from ~~assets~~the ~~and~~beginning ~~liabilities,~~of ~~which~~2020. ~~consist~~The ~~primarily~~Company ofhas ~~cash~~no operation, ~~accrued~~no ~~expenses~~sales, and ~~due~~no toemployees. aThe ~~related~~recent ~~party~~developments toof ~~approximate~~COVID ~~the~~19 ~~fair~~are ~~value~~not ofexpected ~~the~~to ~~respective~~have ~~assets~~any ~~and~~impact ~~liabilities~~to atour ~~December~~business. ~~31,~~Other ~~2019~~financial ~~and~~impact ~~2018~~could ~~based~~occur ~~upon~~though ~~the~~such ~~short-term~~potential ~~nature~~impact ofis ~~the assets~~unknown ~~and~~at ~~liabilities~~this time.

~~RECENT ACCOUNTING~~BASIS ~~PRONOUNCEMENTS~~OF PRESENTATION

The summary of significant accounting policies ~~management~~presented ~~believe~~below is designed to assist in understanding the ~~recently~~Company’s ~~issued~~financial ~~but~~statements. ~~not~~Such ~~yet~~financial ~~adopted~~statements ~~accounting~~and accompanying ~~pronouncements~~notes ~~will~~are ~~not~~the ~~have~~representations aof ~~material~~the ~~impact~~Company’s onmanagement, ~~its~~who ~~financial~~are responsible for their integrity and objectivity. ~~position~~These ~~results~~accounting policies conform to accounting principles generally accepted in the United States of ~~operations~~America or(“GAAP”) in ~~cash~~all ~~flows~~material respects and have been consistently applied in preparing the accompanying financial statements.

~~NOTE 2~~USE -OF ~~GOING CONCERN~~ESTIMATES

The ~~Company~~ ~~has~~preparation ~~not yet generated any revenue since inception to date and has sustained operating loss~~ of ~~$21,660~~financial ~~and~~statements ~~$23,685 during~~in ~~the~~conformity ~~years~~with ~~ended~~GAAP ~~December~~requires ~~31,~~management ~~2019~~to ~~and~~make ~~2018,~~estimates ~~respectively.~~and ~~The~~assumptions ~~Company~~that ~~had~~affect athe ~~working~~reported ~~capital~~amounts ~~deficit~~ of ~~$98,745~~assets and ~~an accumulated~~liabilities ~~deficit~~and ofdisclosure ~~$100,390 as~~ of ~~December~~contingent ~~31,~~assets ~~2019~~ and aliabilities ~~working~~at ~~capital~~the ~~deficit~~date of ~~$77~~the financial statements,~~085~~ and anthe ~~accumulated~~reported ~~deficit~~amounts of ~~$78,730~~revenues asand ofexpenses ~~December~~during ~~31,~~the ~~2018~~reporting periods. ~~The~~Actual ~~Company’s~~results ~~continuation~~could asdiffer ~~a going concern is dependent on its ability to generate sufficient cash flows~~ from ~~operations~~those ~~to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required~~estimates.

~~The accompanying~~CASH ~~financial~~AND ~~statements~~CASH have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.EQUIVALENTS

~~In order~~Cash toand ~~maintain~~cash ~~its~~equivalents ~~current~~include ~~level of operations, the Company will require additional working capital from either~~ cash ~~flow~~on ~~from~~hand ~~operations~~and oron ~~from~~deposit ~~the~~at ~~sale~~banking ofinstitutions ~~its~~as ~~equity.~~well ~~However,~~as ~~the~~all ~~Company~~highly ~~currently~~liquid ~~has~~short-term noinvestments ~~commitments~~with ~~from~~original ~~any~~maturities ~~third~~of ~~parties~~90 ~~for the purchase~~days ofor ~~its equity~~less. IfAs ~~the~~of ~~Company~~December is31, ~~unable~~2020 toand ~~acquire~~2019, ~~additional~~the ~~working~~Company ~~capital,~~had itcash ~~will~~on behand ~~required~~and toin ~~significantly~~bank ~~reduce~~of ~~its current~~$3,376 ~~level~~and of$3,374, ~~operations~~respectively.

~~NOTE 3~~ F- ~~ACCRUED LIABILITIES~~7

~~As of~~CONCENTRATION ~~December~~OF ~~31,~~CREDIT ~~2019 and 2018, the Company had accrued professional fees of $7,250 and $4,175, respectively.~~RISK

~~F-8~~Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company maintains its cash in bank in Taiwan where the standard deposit insurance coverage limit is approximately $106,838 (NT$3 million). The Company’s bank balance did not exceed the insured amounts as of December 31, 2020 and 2019, respectively.

~~NOTE 4~~INCOME ~~- DUE TO A RELATED PARTY~~TAXES

~~Due~~Under ASC 740, “Income Taxes,” todeferred atax ~~related~~assets ~~party~~and ~~amounted~~liabilities are recognized for the future tax consequences attributable to ~~$94,869~~temporary ~~and~~differences ~~$79,899~~between the asfinancial statement carrying amounts of ~~December~~existing ~~31,~~assets ~~2019~~and liabilities and ~~2018~~their ~~was~~respective ~~due~~tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to ~~Lin~~apply ~~Wei-Hsien,~~to taxable income in the ~~director~~years ~~and~~in which those temporary ~~major~~differences ~~stockholder~~are ofexpected ~~the~~to ~~Company~~be recovered or settled. ~~The~~Valuation ~~amount~~allowances ~~due~~are toestablished ~~related~~when ~~party~~it is ~~interest~~more ~~free,~~likely ~~with~~than nonot ~~collateral~~that some or all of the deferred tax assets will not be realized. As of December 31, 2020 and 2019, there were no deferred taxes due to onthe ~~demand~~uncertainty of the realization of net operating loss or carry forward prior to expiration.

~~NOTE 5~~LOSS -PER ~~STOCKHOLDERS’~~COMMON ~~DEFICIT~~ SHARE

~~The~~Basic loss per common share excludes dilution ~~Company~~and is ~~authorized~~computed toby ~~issue~~dividing ~~10,000,000,000~~net ~~shares~~loss ofwith ~~common~~the ~~stock~~weighted ~~and~~average ~~20,000,000~~number of common shares ofoutstanding ~~preferred~~during ~~stock~~the period. OnDiluted ~~March~~loss per ~~21,~~common ~~2017,~~ share reflect the ~~Company~~potential ~~increased~~dilution ~~its~~that ~~authorized~~could ~~shares~~occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock ~~from~~that ~~100,000,000~~then ~~shares~~shared toin 10the loss of the entity. As of December 31,~~000~~ 2020 and 2019,~~000,000.~~ there are no outstanding dilutive securities.

~~On April~~FAIR 4,VALUE ~~2016,~~OF ~~the~~FINANCIAL ~~Company issued 20,000,000 founders common stock to two directors and officers at par and at discount of $2,000.~~INSTRUMENTS

~~On July~~The ~~24,~~Company ~~2016,~~follows ~~the~~guidance ~~Company~~for ~~redeemed~~accounting for anfair ~~aggregate~~value measurements of ~~19,500,000~~financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the ~~then~~financial 20statements on a recurring basis. Additionally,~~000,000~~ ~~shares~~the ofCompany ~~outstanding~~adopted guidance ~~stock~~for fair value measurement related to nonfinancial items that are recognized and disclosed at afair ~~redemption~~value in the financial ~~price~~statements ofon $a nonrecurring basis.~~0001~~ ~~per~~The ~~share~~guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value.

~~On July~~The ~~25,~~hierarchy ~~2016,~~gives the ~~Company~~highest ~~issued~~priority ~~19,500,000 shares of its common stock pursuant~~ to unadjusted ~~Section~~quoted ~~4(2)~~prices ofin ~~the~~active ~~Securities~~markets ~~Act~~for ofidentical ~~1933 at~~assets ~~par~~or ~~and~~liabilities at(Level ~~a discount of $~~1~~,950~~ ~~representing~~measurements) ~~97.5%~~and of the ~~total~~lowest ~~outstanding~~priority ~~19,000,000 shares of common stock~~ to measurements ~~Lin~~involving ~~Wei-Hsien and~~significant ~~500,000~~unobservable ~~shares~~inputs to(Level ~~DazMc~~3 ~~Securities~~measurements). ~~DazMc~~The ~~Securities~~three ~~works~~levels ~~with~~of ~~Lin~~the ~~Wei-Hsien~~fair ~~together~~value ashierarchy ~~stockholders and management of the~~are ~~Company.~~as follows:

OnLevel 1 inputs are quoted prices ~~September~~(unadjusted) ~~30,~~in ~~2016,~~active ~~the~~markets ~~Company~~for ~~issued~~identical ~~640,000~~assets ~~shares~~or ofliabilities ~~its~~that ~~common~~the ~~stock~~Company tohas 38the ~~stockholders~~ability ~~for~~to ~~$64~~access at ~~par~~the ~~value~~measurement date.

~~On March~~Level 6,2 ~~2018,~~inputs ~~the~~are ~~Company~~inputs ~~repurchased~~other ~~250,000~~than quoted ~~shares~~prices ~~from~~included ~~its~~within ~~stockholder~~Level 1 that are observable for ~~$25.~~the ~~The~~asset ~~250~~or liability,~~000~~ ~~shares~~either ~~were~~directly ~~cancelled~~or indirectly.

AsLevel of3 ~~December~~unobservable ~~31,~~inputs ~~2019,~~that ~~20,390,000~~are ~~shares~~supported by little or no market activity and that are significant to the fair value of ~~common~~the ~~stock~~assets and noliabilities. ~~preferred~~This ~~stock~~includes certain ~~were~~pricing ~~issued~~models, discounted cash flow methodologies and ~~outstanding~~similar techniques that use significant unobservable inputs.

~~NOTE 6~~ F- ~~SUBSEQUENT EVENT~~8

~~Management~~The ~~has~~Company ~~evaluated~~considers ~~subsequent~~the ~~events~~recorded ~~through~~value ~~March 25, 2020,~~of ~~the~~its ~~date~~financial ~~that~~assets ~~the~~and ~~financial~~liabilities, ~~statements~~which ~~were~~consist ~~issued.~~primarily ~~All~~of ~~subsequent~~cash, ~~events~~accrued ~~requiring~~expenses ~~recognition~~and asdue ofto ~~December~~a ~~31,~~related ~~2019~~party ~~have~~to ~~been~~approximate ~~incorporated~~the ~~into~~fair ~~these~~value ~~financial~~of ~~statements~~the respective assets and ~~there~~liabilities ~~are~~at noDecember ~~subsequent~~31, ~~events~~2020 ~~that~~and ~~require~~2019 ~~disclosure~~based inupon the ~~financial~~short-term ~~statements~~nature of the assets and liabilities.

~~F-9~~RECENT ACCOUNTING PRONOUNCEMENTS

~~SIGNATURES~~The management believe the recently issued but not yet adopted accounting pronouncements will not have a material impact on its financial position results of operations or cash flows.

~~Pursuant to~~NOTE ~~the~~2 ~~requirements~~- ofGOING ~~the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~CONCERN

	DOERS EDUCATION ASEAN LIMITED
Date: March 25, 2020	By:	/s/ Lin Wei-Hsien
		Lin Wei-Hsien
		President and Chief Financial Officer

The Company has not yet generated any revenue since inception to date and has sustained operating loss of $17,547 and $21,660 during the years ended December 31, 2020 and 2019, respectively. The Company had a working capital deficit of $116,292 and an accumulated deficit of $117,937 as of December 31, 2020 and a working capital deficit of $98,745 and an accumulated deficit of $100,390 as of December 31, 2019. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required.

~~Pursuant~~The accompanying financial statements have tobeen prepared assuming that the ~~Securities~~Company ~~Exchange~~will ~~Act~~continue ofas ~~1934,~~a ~~this~~going ~~report~~concern; ~~has~~however, ~~been~~the ~~signed~~above ~~below~~condition byraises substantial doubt about the ~~following~~Company’s ~~persons~~ability onto ~~behalf~~do ofso. The financial statements do not include any adjustments to reflect the ~~registrant~~possible future effects on the recoverability and inclassification of assets or the ~~capacities~~amounts and onclassifications of liabilities that may result should the ~~dates~~Company ~~indicated~~be unable to continue as a going concern.

NAME		OFFICE		DATE
/s/ Lin Wei-Hsien		President and Chief Financial Officer		March 25, 2020

In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

13NOTE 3 - ACCRUED LIABILITIES

As of December 31, 2020 and 2019, the Company had accrued professional fees of $7,940 and $7,250, respectively.

NOTE 4 - DUE TO A RELATED PARTY

Due to a related party amounted to $111,728 and $94,869 as of December 31, 2020 and 2019 was due to Lin Wei-Hsien, the director and major stockholder of the Company. The amount due to related party is interest free, with no collateral, and due on demand.

NOTE 5 - STOCKHOLDERS’ DEFICIT

The Company is authorized to issue 10,000,000,000 shares of common stock and 20,000,000 shares of preferred stock. On March 21, 2017, the Company increased its authorized shares of common stock from 100,000,000 shares to 10,000,000,000.

On June 8, 2020, a shareholder canceled 250,000 shares of common stock for no consideration.

As of December 31, 2020 and 2019, 20,140,000 and 20,390,000 shares of common stock and no preferred stock were issued and outstanding, respectively.

F-9

NOTE 6 – INCOME TAXES

Income tax expense for the year ended December 31, 2020 and 2019 is summarized as follows.

	December 31, 2020		December 31, 2019
Deferred:
Federal	$	-	$	-
State		-		-
Change in valuation allowance		-		-
Income tax expense (benefit)	$	-	$	-

The following is a reconciliation of the provision for income taxes at the U.S. federal income tax rate to the income taxes reflected in the Statement of Operations:

	December 31, 2020			December 31, 2019
Tax at statutory tax rate		21	%		21	%
State taxes		-			-
Other permanent items		-			-
Valuation allowance		(21	)%		(21	)%
Income tax expense		-			—

The tax effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities at December 31, 2020 and 2019 are as follows:

	December 31, 2020			December 31, 2019
Deferred tax assets:
Net operating loss carry forward	$	24,767		$	21,082
Total gross deferred tax assets		24,767			21,082
Less: valuation allowance		(24,767	)		(21,082	)
Net deferred tax assets	$	—		$	—

F-10

Deferred income taxes are provided for the tax effects of transactions reported in the financial statements and consist of deferred taxes related primarily to differences between the bases of certain assets and liabilities for financial and tax reporting. The deferred taxes represent the future tax return consequences of those differences, which will either be deductible or taxable when the assets and liabilities are recovered or settled.

At December 31, 2020 and 2019, the Company had accumulated net operating losses of $117,937 and $100,390, respectively, for U.S. federal and Delaware income tax purposes available to offset future taxable incomes. The net operating losses generated in tax years prior to December 31, 2017, can be carry forward for twenty years, whereas the net operating losses generated after December 31, 2017 can be carry forward indefinitely. Management determined that it was unlikely that the Company’s deferred tax assets would be realized and have provided for a full valuation allowance associated with the net deferred tax assets.

As of December 31, 2020 and 2019, the Company’s deferred income tax assets and valuation allowance were $24,767 and $21,082, respectively.

In the ordinary course of business, the Company’s income tax returns are subject to examination by various taxing authorities. Such examinations may result in future tax and interest assessment by these taxing authorities. Accordingly, the Company believes that it is more likely than not that it will realize the benefits of tax positions it has taken in its tax returns or for the amount of any tax benefit that exceeds the cumulative probability threshold in accordance with FASB ASC 740. Differences between the estimated and actual amounts determined upon ultimate resolution, individually or in the aggregate, are not expected to have a material adverse effect on the Company’s financial position. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of December 31, 2020, tax years 2019, 2018 and 2017 remain open for examination by the Internal Revenue Service and the Delaware Division of Revenue. The Company has received no notice of audit from the Internal Revenue Service or the Delaware Division of Revenue for any of the open tax years.

NOTE 7 - SUBSEQUENT EVENT

Management has evaluated subsequent events through April 1, 2021, the date that the financial statements were issued. All subsequent events requiring recognition as of December 31, 2020 have been incorporated into these financial statements and there are no subsequent events that require disclosure in the financial statements.

F-11

SIGNATURES

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

	DOERS EDUCATION ASEAN LIMITED

Date: April 1, 2021	By:	/s/ Lin Wei-Hsien
		Lin Wei-Hsien
		President and Chief Financial Officer

Pursuant to the Securities Exchange Act of 1934, 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	OFFICE	DATE

*/s/* Lin Wei-Hsien	President and Chief Financial Officer	April 1, 2021

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