Subsequent Events (Details Narrative) |
12 Months Ended | ||||||
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May 08, 2020
USD ($)
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Apr. 20, 2020 |
Apr. 02, 2020 |
Mar. 31, 2021
USD ($)
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Mar. 31, 2021
GBP (£)
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May 04, 2020
GBP (£)
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Mar. 31, 2020 |
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| Quarterly average exchange rate | 1.281097 | ||||||
| Subsequent Event [Member] | |||||||
| Payments reimbursable employee wages percentage | Under the "Corona Virus Job Retention Scheme", the furloughed employees will be paid through the Company, reimbursable in an amount equal to 80% of the employees' wages thru the UK government until June 30, 2020. | ||||||
| Loans payable | $ | $ 20,832 | ||||||
| Proceeds from loans | $ | $ 16,941 | ||||||
| Debt instrument, description | The loan is for $20,832 and has a term of 2 years, of which the first 6 months are deferred, at an interest rate of 1%. | ||||||
| Debt instrument, interest rate | 1.00% | ||||||
| Subsequent Event [Member] | GBP [Member] | |||||||
| Proceeds from loans | £ | £ 13,224 | ||||||
| Subsequent Event [Member] | Global Telesat Communications Limited [Member] | GBP [Member] | |||||||
| Loans payable | £ | £ 25,000 | ||||||
| Subsequent Event [Member] | Board of Directors [Member] | Promissory Agreements [Member] | Global Telesat Communications Limited [Member] | |||||||
| Owned employee stock | The Board of Directors of Orbsat Corp approved for the Corporation's wholly owned UK subsidiary, Global Telesat Communications Limited, "GTCL", to enter into a promissory agreement, "COVID Loan", as offered by the UK government, Coronavirus Business Interruption Loan Scheme, "CBILS" for working capital assistance, for a six year term, with no payments and 0% interest in the first twelve months, interest thereafter at 4% of the Bank of England Base Rate or which is currently 0.10%. | ||||||
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- Definition Payments reimbursable employees wages percentage. No definition available.
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- Definition Identification of the lender and information about a contractual promise to repay a short-term or long-term obligation, which includes borrowings under lines of credit, notes payable, commercial paper, bonds payable, debentures, and other contractual obligations for payment. This may include rationale for entering into the arrangement, significant terms of the arrangement, which may include amount, repayment terms, priority, collateral required, debt covenants, borrowing capacity, call features, participation rights, conversion provisions, sinking-fund requirements, voting rights, basis for conversion if convertible and remarketing provisions. The description may be provided for individual debt instruments, rational groupings of debt instruments, or by debt in total. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Average contractual rate at which a foreign currency can be purchased or sold. No definition available.
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- Definition Description of the plan, including the basis for determining contributions, the employee groups covered, and the nature and effect of significant matters affecting comparability of information for all periods presented. For leveraged ESOPs and pension reversion ESOPs, the description generally includes the basis for releasing shares and how dividends on allocated and unallocated shares are used. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, aggregate carrying value as of the balance sheet date of loans payable (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Cash received from principal payments made on loans related to operating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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