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 UNITED
STATES

 SECURITIES
AND EXCHANGE COMMISSION

 Washington,
D.C. 20549

 FORM

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

 For
the fiscal year ended October 31, 2023

 OR

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

 For
the transition period from_________to_________

 Commission
File No. 000-56557

 (Exact
name of registrant as specified in its charter)

 Nevada

 None

 (State
 or other jurisdiction

 of
 incorporation or organization)

 (I.R.S.
 Employer

 Identification
 No.)

 Units
2613-18, 26/F., Shui On Centre

 6-8
Harbour Road, Wanchai

 Hong
Kong

 (Address
of principal executive offices, zip code)

 Tel:
 (852) 8102 3633

 (Registrant's
telephone number, including area code)

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

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

by check mark whether the issuer (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

by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data
File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§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

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

 Large
Accelerated Filer Accelerated Filer Non-accelerated Filer 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.

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

 If
securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant
included in the filing reflect the correction of an error to previously issued financial statements.

by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation
received by an of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12,13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes. No

 APPLICABLE
ONLY TO CORPORATE ISSUERS

 There
is no public trading market for the shares of Common Stock of Global Leaders Corp. As a result, the aggregate market value of the common
units held by non-affiliates of Global Leaders Corp. cannot be determined.

 As
of January 26, 2024, there were 154,394,750 shares of Common Stock, $0.0001 par value per share, outstanding.

 FORM

 FOR
THE FISCAL YEAR ENDED OCTOBER 31, 2023

 Page
 #

 Item
 1.

 Business

 Item
 1A.

 Risk Factors

 Item
 1B.

 Unresolved Staff Comments

 Item
 2.

 Properties

 Item
 3.

 Legal Proceedings

 Item
 4.

 Mine Safety Disclosure

 Item
 5.

 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 Item
 6.

 Selected Financial Data

 Item
 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operations

 Item
 7A.

 Quantitative and Qualitative Disclosures About Market Risk

 Item
 8.

 Financial Statements and Supplementary Data

 Item
 9.

 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

 Item
 9A.

 Controls and Procedures

 Item
 9B.

 Other Information

 Item
 10.

 Directors, Executive Officers and Corporate Governance

 Item
 11.

 Executive Compensation

 Item
 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 Item
 13.

 Certain Relationships and Related Transactions, and Director Independence

 Item
 14.

 Principal Accounting Fees and Services

 Item
 15.

 Exhibits, Financial Statement Schedules

 SIGNATURES

 CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS

 This
Annual Report on Form 10-K of Global Leaders Corp., a Nevada corporation (the "Company"), contains "forward-looking
statements," as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify
forward-looking statements by terminology such as "may", "will", "should", "could", "expects",
"plans", "intends", "anticipates", "believes", "estimates", "predicts",
"potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking
statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and
expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements.
Actual results may differ materially from the predictions discussed in these forward-looking statements. The economic environment within
which we operate could materially affect our actual results.

 Our
management has included projections and estimates in this Form 10-K, which are based primarily on management's experience in the
industry, assessments of our results of operations, discussions, and negotiations with third parties and a review of information filed
by our competitors with the SEC or otherwise publicly available. We caution readers not to place undue reliance on any such forward-looking
statements, which speak only as of the date made. We disclaim any obligation subsequently to revise any forward - looking statements
to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

 PART
I

 ITEM
1. BUSINESS

 CORPORATE
HISTORY

 We
are a company with a focus on start-up advisory and corporate consulting services, targeting start-up companies and young entrepreneurs
in the Asia-Pacific Region.

 Global
Leaders Corporation, a Nevada corporation (the "Company"), was incorporated in the State of Nevada on July 20, 2020.

 On
August 25, 2020, the Company acquired 100% of the equity interests of Global Leaders Corporation, an Anguilla company ("GLC
Anguilla"). On August 25, 2020, GLC Anguilla acquired 100% of the equity interests of Global Leaders Academy Limited
("GLA"), a Hong Kong company, which was sold o n
May 1, 2022 to an unrelated party due to continuing losses incurred by
GLA.

 Mr.
Yip Hoi Hing Peter ("Mr. Peter Yip"), founder of the Company, currently holds the positions of Chief Executive Officer, Chief
Financial Officer, President, Secretary, Treasurer and Director of the Company, respectively.

 DESCRIPTION
OF BUSINESS

 We
are principally engaged in provision of consultancy services to management executives of small and medium enterprises (SMEs) and startup
companies in Hong Kong. We aspire to assist our clients in creating high-performance management teams while simultaneously improving
the mindset of our clients' management executives. Through our customized consultancy services, we also seek to improve our clients'
management efficiency, as well as to analyze and promote a positive work culture.

 Three-stage
Formula

 Although
the exact details of our consultancy services vary based upon the needs and aspirations of our clients, the method through which we evaluate
and implement our services follows a three-stage formula: (1) Diagnosis Stage; (2) Execution of Solutions Stage; and (3) Follow-up Stage.

 (1)

 Diagnosis
 Stage

 During
the initial diagnosis stage, to provide tailor-made solutions to our clients, we conduct interviews and meetings with our clients'
management executives, which can be conducted face-to-face or online. Our face-to-face meetings are normally held at the clients'
office, and if our discussions are conducted online, we will use a platform of our clients' choice. The interviews and meetings,
which are based more on discussion rather than standardized questions, help us to understand and analyze the client company's culture
and management style. Our goal during the diagnosis stage is to gain a better understanding of the client companies as a whole and to
identify any critical problems and challenges, internally or externally, our clients are facing.

 Subsequently,
we prepare a diagnosis report, in which we analyze the client's business strategies and identify any perceived gaps in their talents
and capabilities. In this report, we also provide solutions that are tailor-made for our clients to overcome their challenges, which
includes follow up workshops, personal management training and meetings. In providing this information, we provide an experienced, third-party
perspective to provide blueprints for the Company's future development by providing what we believe to be the right direction for
increased performance, improved management mindset, and a more robust company culture.

 Under
normal circumstances, we conduct approximately three rounds of interviews and meetings, and it takes approximately one to three months
to complete the diagnosis stage. This may vary based upon the specifics of each client.

 (2)

 Execution
 of Solutions Stage

 After
the presentation of our diagnosis report to our clients there is a period of review where we follow up with any questions/comments they
may have and ultimately work towards providing follow up services, as delineated in each individualized diagnosis report. Upon reaching
an agreement with the client for these services, we execute the recommendations as advised in the diagnosis report. Typically, this will
be performed through workshops and training that will be conducted by our outsourced management trainers and/or our staff.

 To
better facilitate the effectiveness of the workshop, the workshop will usually consist of two main parts: (i) Pre-workshop questionnaire;
and (ii) Half-day workshop.

 (i)

 Pre-Workshop
 Questionnaire

 All
participants must complete a questionnaire, which will be customized based on the needs/goals of each client, prior to the workshop itself.
The purpose of the questionnaire is to gather the opinions, and gain a greater understanding, of the workshop participants. This will
primarily be focused upon, but not exclusively pertain to, their management mindsets and current company culture. Through this information,
our outsourced trainers and/or staff are better able to prepare for the workshop and can home in on the specific training needs of each
client.

 (ii)

 Half-Day
 Workshop

 Our
half-day workshops, comparable to our meetings during the diagnosis stage, can be conducted at the workplace of our client or through
an online communication platform of their choice. The goal of the tailor-made workshop is to engage participants in discussion of different
aspects of their business, which includes, but is not strictly limited to, the identification of corporate challenges, strategic review,
identification of company and management capabilities, talent matching and departmental applications. The overall content of the workshop
will be fine-tuned based on the feedback gathered in the previous questionnaire conducted before the workshop. Although we anticipate
that each workshop will take place over half a business day, this may be longer or shorter depending on the specific needs of each client.

 (3)

 Follow-up
 Stage

 Following
the completion of training workshops, we maintain ongoing engagement with clients through regular meetings with participants and management.
These follow-ups provide continuous guidance, enabling clients to identify successes, address challenges, and optimize their training
outcomes.

 Management
Trainers and Corporate Partners

 To
execute our consultancy solutions, we partner with management trainers for the preparation and delivery of workshops to our clients.
The management trainers are identified and selected after the initial engagement of a client, whereupon we can determine what skill set/experience
would be necessary to provide management training and workshops most competently to clients. In an ideal scenario, we hope to identify
and engage management trainers with specific experiences in the same industry as a client. Currently, management trainers are identified
through the personal and professional relationships of our executive team, and we do not presently have any other method of identification.
All management trainers are engaged under a trainer's agreement.

 Environmental,
Social, and Governance (ESG) and Sustainability Programs

 In
response to the growing importance of sustainability, the Company has initiated a comprehensive range of environmental, social, and governance
(ESG) and sustainability programs and solutions tailored to the needs of small and medium-sized enterprises (SMEs) in the Greater Bay
Area (GBA) in the last quarter of 2023.

 PLAN
OF OPERATION

 Our
planned operations may be hindered by factors beyond our control, such as general market conditions, our ability to attract qualified
employees, government policies relevant to our industry, our ability to maintain our existing competitive advantages and new market entrants.

 Our
anticipated future growth will likely place significant demand on our management and operational efficiency. Our success in managing
our growth will depend, to a significant degree, on our ability to attract new clients and retain existing clients and launch new services
to increase our revenue. In addition, we will adapt our existing services to changing industry and user conditions, and expand, train,
and manage our employees. The market in which we operate is highly dynamic and may not develop as expected. If we are unable to manage
our operations properly and prudently as we continue to grow in this evolving market, or if the quality of our services deteriorates
due to mismanagement, our brand name and reputation could be severely harmed, which would materially and adversely affect our business,
financial condition, and results of operations.

 ITEM
1A. RISK FACTORS

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

 ITEM
1B. UNRESOLVED STAFF COMMENTS

 None

 ITEM
2. PROPERTIES

 Our
current business office is located at Units 2613-18, 26/F., Shui On Centre, 6-8 Harbour Road, Wanchai, Hong Kong. The office space is
provided by the Chief Executive Officer at no charge.

 ITEM
3. LEGAL PROCEEDINGS

 The
Company is not a party to any threatened or pending legal proceedings.

 ITEM
4. MINE SAFETY DISCLOSURES

 Not
applicable.

 PART
II

 ITEM
5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 We
have authorized capital stock consisting of 600,000,000 shares of Common Stock, $0.0001 par value per share ("Common Stock")
and 200,000,000 shares of preferred stock, $0.0001 par value per share ("Preferred Stock"). As of October 31, 2023 and 2022,
154,394,750 and 153,726,000 shares of our Common Stock were issued and outstanding, respectively.

 On
May 25, 2021, we received a notice of effectiveness from SEC.

 On
December 20, 2023, a trading symbol GLCP is assigned to the Company by FINRA's Department of Market Operations, and thus, as of
December 20, 2023, the Company's Common Stock may be quoted and traded in the over-the counter ("OTC") market.

 ISSUANCE
OF SHARES AND HOLDERS

 In
November 2022, the Company sold 668,750 shares of restricted Common Stock to eighteen (18) individuals in a private placement at a price
of $0.80 per share, for total proceeds of $535,000:

 Name

 Number of Shares

 Ho Ching

 25,000

 Tsui Hok Hoi Eddie

 25,000

 Lee Suk Man

 125,000

 Ng Wing Yee

 31,250

 Tang Choi Ying

 Tsui Lam Oi Kwan Sandy

 Wong Hou Yan Norman

 Tsui Tai Hoi Raymond

 200,000

 Tsui Wong Dig Hong Betty

 62,500

 Tsui Shuk Yee Irene

 Yau Kwai Ching Maggie

 Tong Hing Yam Carie

 37,500

 Ho Kwan Ming

 Szeto Yiu Kwai

 Wong Kwai Ling Lucy

 37,500

 Leung Yuk Kuen

 Leung Mei Yee Isabella

 Leung Chuen Yee

 Total

 668,750

 During
the year ended October 31, 2022, the Company did not issue any shares of Common Stock.

 At
October 31, 2022, our Chief Executive Officer, Chief Financial Officer and Director, Mr. Yip Hoi Hing Peter ("Mr. Peter Yip")
beneficially owns 68.54% or 105,350,000 shares of Common Stock of the Company, comprised of his individual ownership of Common Stock
of 30,100,000 shares, as well as 30,000,000 shares held by each of CSG Global Holdings Limited and CS Global Consultancy Limited, which
are both controlled entirely by Mr. Peter Yip, and 15,250,000 shares of Common Stock owned by his wife, Ms. Law Mo Ching.

 After
the issuance of 668,750 shares of Common Stock in November 2022, Mr. Peter Yip's beneficial ownership changed from 68.54% to 68.23%
accordingly.

 As
of the date of this filing, we have 154,394,750 shares of Common Stock issued and outstanding and no shares of Preferred Stock are issued
and outstanding.

 TRANSFER
AGENT AND REGISTRAR

 As
of the date of this filing, we do not have a transfer agent.

 PENNY
STOCK REGULATIONS

 The
Securities and Exchange Commission has adopted regulations which generally define "penny stock" to be an equity security
that has a market price of less than $5.00 per share. Our Common Stock, when and if a trading market develops, may fall within the definition
of penny stock and be subject to rules that impose additional sales practice requirements on broker-dealers who sell such securities
to persons other than established customers and accredited investors (generally those with assets more than $1,000,000, or annual incomes
exceeding $200,000 individually, or $300,000, together with their spouse).

 For
transactions covered by these rules, the broker-dealer must make a special suitability determination for the purchase of such securities
and have received the purchaser's prior written consent to the transaction. Additionally, for any transaction, other than exempt
transactions, involving a penny stock, the rules require the delivery, prior to the transaction, of a risk disclosure document mandated
by the Securities and Exchange Commission relating to the penny stock market. The broker-dealer also must disclose the commissions payable
to both the broker-dealer and the registered representative, current quotations for the securities and, if the broker-dealer is the sole
market-maker, the broker-dealer must disclose this fact and the broker-dealer's presumed control over the market. Finally, monthly
statements must be sent disclosing recent price information for the penny stock held in the account and information on the limited market
in penny stocks. Consequently, the "penny stock" rules may restrict the ability of broker-dealers to sell our Common Stock
and may affect the ability of investors to sell their Common Stock in the secondary market.

 In
addition to the "penny stock" rules promulgated by the Securities and Exchange Commission, the Financial Industry Regulatory
Authority ("FINRA") has adopted rules that require that in recommending an investment to a customer, a broker-dealer must
have reasonable grounds for believing that the investment is suitable for that customer. Prior to recommending speculative low-priced
securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about the customer's
financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA believes that
there is a high probability that speculative low-priced securities will not be suitable for at least some customers. The FINRA requirements
make it more difficult for broker-dealers to recommend that their customers buy our Common Stock, which may limit the investors'
ability to buy and sell our stock.

 DIVIDEND
POLICY

 Any
future determination as to the declaration and payment of dividends on shares of our Common Stock will be made at the discretion of our
Board of Directors out of funds legally available for such purpose. We are under no contractual obligations or restrictions to declare
or pay dividends on our shares of Common Stock. In addition, we currently have no plans to pay such dividends. Our Board of Directors
currently intends to retain all earnings for use in the business for the foreseeable future.

 SECURITIES
AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

 We
have not established any compensation plans under which equity securities are authorized for issuance.

 RECENT
SALES OF UNREGISTERED SECURITIES

 None

 PURCHASES
OF EQUITY SECURITIES BY THE REGISTRANT AND AFFILIATED PURCHASERS

 We
have not repurchased any shares of our Common Stock during the fiscal year ended October 31, 2023.

 ITEM
6. SELECTED FINANCIAL DATA

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

 ITEM
7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 OVERVIEW

 Global
Leaders Corp. (the "Company" or "we") was incorporated in the State of Nevada on July 20, 2020 and has a fiscal
year end of October 31.

 GOING
CONCERN

 For
the year ended October 31, 2023, the Company incurred a net loss of $500,444 and used cash in operations of $503,189, and at October
31, 2023, the Company had a stockholders' deficit of $28,903. These factors, among others, raise substantial doubt about the Company's
ability to continue as a going concern within one year of the date that its financial statements are issued. In addition, the Company's
independent registered public accounting firm, in their report on the Company's October 31, 2023, audited financial statements,
raised substantial doubt about the Company's ability to continue as a going concern. The Company's financial statements included
elsewhere in this Annual Report do not include any adjustments that might be necessary should the Company be unable to continue as a
going concern.

 As
of October 31, 2023, the Company's cash balance was $1,874. Management estimates that the current funds on hand will be sufficient
to continue operations through the next three months. The Company's ability to continue as a going concern is dependent upon the
Company's ability to implement its business plans and continue receiving financial support from its officers and shareholders.
No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are
satisfactory to the Company. Even if the Company can obtain additional financing, if needed, it may contain undue restrictions on its
operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity financing.

 CRITICAL
ACCOUNTING POLICIES AND ESTIMATES

 USE
OF ESTIMATES

 The
preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date
of the financial statements, and the reported amounts of revenues and expenses during the reporting year. Actual results could differ
from those estimates. Significant estimates include estimates for the accruals of potential liabilities.

 REVENUE
RECOGNITION

 The
Company recognizes revenues when its customer obtains control of promised services, in an amount that reflects the consideration the
Company expects to receive in exchange for those services. The Company recognizes revenue following the five-step model prescribed by
Accounting Standards Codification (ASC) 606, "Revenue from Contracts", which includes (1) identifying the contracts
or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction
price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance
obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect
the consideration it is entitled to in exchange for the services it transfers to its clients.

 RECENT
ACCOUNTING PRONOUNCEMENTS

 See
Note 1 to the Consolidated Financial Statements.

 RESULTS
OF OPERATIONS

 Years
ended October 31, 2023 and 2022:

 For
the year ended October 31, 2023, our revenue was $14,061.

 We
recorded no revenues for the year ended October 31, 2022.

 For
the years ended October 31, 2023 and 2022, general and administrative (G&A) expenses were $514,505 and $105,905, respectively,
and included $370,607 and $54,691 of G&A expenses to related parties,
respectively.

 Liquidity
and Capital Resources

 For
the year ended October 31, 2023, the Company incurred a net loss of $500,444 and used cash in operations of $503,189, and at October
31, 2023, the Company had a stockholders' deficit of $28,903. These factors, among others, raise substantial doubt about the Company's
ability to continue as a going concern within one year of the date that its financial statements are issued.

 As
of October 31, 2023, the Company's cash balance was $1,874. Management estimates that the current funds on hand will be sufficient
to continue operations through the next three months. The Company's ability to continue as a going concern is dependent upon the
Company's ability to implement its business plans and continue receiving financial support from its officers and shareholders.
No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are
satisfactory to the Company. Even if the Company can obtain additional financing, if needed, it may contain undue restrictions on its
operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity financing.

 OFF-BALANCE
SHEET ARRANGEMENTS

 As
of October 31, 2023, we have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future
effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital
expenditures or capital resources that are material to our stockholders.

 ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

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

 ITEM
8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 The
financial statements required by this item are in PART IV of this Annual Report.

 ITEM
9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 None.

 ITEM
9A. CONTROLS AND PROCEDURES

 DISCLOSURE
CONTROLS AND PROCEDURES

 Under
the supervision and with the participation of our management, including our principal executive and financial officer, we are responsible
for conducting an evaluation of the effectiveness of the design and operation of our internal controls and procedures, as defined in
Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of the end of the fiscal year covered by this report. Disclosure
controls and procedures means that the material information required to be included in our Securities and Exchange Commission ("SEC")
reports is recorded, processed, summarized, and reported within the time periods specified in SEC rules and forms relating to our company,
including any consolidating subsidiaries, and was made known to us by others within those entities, particularly during the period when
this report was being prepared. Based on this evaluation, our principal executive and financial officer concluded as of the evaluation
date that our disclosure controls and procedures were not effective as of October 31, 2023, due to material weaknesses in our internal
control over financial reporting as described below.

 MANAGEMENT'S
ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

 Management
is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Exchange Act Rule 13a-15.
Internal control over financial reporting is defined in Rule 13a-15(f) and 15(d)-15(f) under the Exchange Act as a process designed to
provide reasonable assurance to the Company's management and Board of Directors regarding the preparation and fair presentation
of published financial statements. Management assessed the Company's internal control over financial reporting as of October 31,
2023, based on the framework and criteria established by the Committee of Sponsoring Organizations of the Treadway Commission in Internal
Control-Integrated Framework (2013) (COSO). Based on the assessment, management concluded that, as of October 31, 2023, the Company's
internal controls over financial reporting were not effective.

 We
identified material weaknesses in our internal controls over financial reporting. A material weakness is a deficiency, or a combination
of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement
of our financial statements will not be prevented or detected on a timely basis.

 The
material weaknesses identified include (i) the Company did not maintain a functioning independent audit committee and did not maintain
an independent board; (ii) the Company had inadequate segregation of duties; and (iii) the Company had an insufficient number of personnel
with an appropriate level of U.S. GAAP knowledge and experience and ongoing training in the application of U.S. GAAP and SEC disclosure
requirements commensurate with the Company's financial reporting requirements.

 The
material weaknesses were identified by our President, Chief Executive Officer, and Director, who also serves as our principal financial
officer and principal accounting officer, in connection with the review of our financial statements as of October 31, 2023.

 Notwithstanding
the identified material weaknesses, management has concluded that the Financial Statements included in this Annual Report on Form 10-K
present fairly, in all material respects, the Company's financial position, results of operations and cash flows for the periods
disclosed in conformity with U.S. GAAP.

 CHANGES
IN INTERNAL CONTROLS OVER FINANCIAL REPORTING

 There
was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially
affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

 This
Annual Report does not include an attestation report of the Company's registered independent public accounting firm regarding internal
control over financial reporting. Management's report was not subject to attestation by the Company's registered independent
public accounting firm pursuant to rules of the Securities and Exchange Commission that permit the Company to provide only management's
report in this Annual Report on Form 10-K.

 ITEM
9B. OTHER INFORMATION

 None.

 PART
III

 ITEM
10. DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE

 Biographical
information regarding the executive officer and director of the Company is as follows:

 NAME

 AGE

 POSITION

 Yip
 Hoi Hing Peter

 President,
 Chief Executive Officer, Chief Financial Officer, Chairman of Board of Directors

 The
executive officer and director named above will serve until the next annual meeting of the stockholders or until their respective resignation
or removal from office. Thereafter, directors are anticipated to be elected for one-year terms at the annual stockholders' meeting.
Officers will hold their positions at the pleasure of the Board of Directors, absent any employment agreement, of which none currently
exists or is contemplated.

 Set
forth below is a brief description of the background and business experience of our executive officer and director.

 Yip
Hoi Hing Peter, 66, is the President, Chief Executive Officer, Chief Financial Officer, and Chairman of the Board of Directors of
the Company. Mr. Yip graduated from banking in Association of Chartered Institute of Bankers London and Master of Business Administration
degree in Hong Kong Polytechnic University, Mr. Yip has held various senior positions in ABN AMRO, Standard Chartered Bank, JPMorgan
Chase and CSG Group Holdings Limited in the last 30 years. He was the regional training manager in ABN AMRO from 1982 to 1992, spearheading
the training function in Asia Pacific region. In 1993, he took up the position of Regional Training Consultant in Standard Chartered
Bank to develop corporate bankers' relationship management competencies. From 1994 to 2003, Mr. Yip was the Head of Learning &
Development, North Asia in JPMorgan Chase, specializing in organizational integration, leadership alignment, change management, culture
development, performance management and feedback management. After 20 years' career in banking, Mr. Yip started his entrepreneurship
as the Founder & CEO of CSG Group Holdings Limited in 2003. In the past 20 years, he has set up a diversified business in Asia Pacific,
ranging from market research, business consulting to corporate advisory.

 Mr.
Yip brings to the board of directors his business leadership, corporate strategy, and talent development expertise.

 TERM
OF OFFICE

 All
directors hold office until the next annual meeting of the stockholders of the Company and until their successors have been duly elected
and qualified. The Company's Bylaws provide that the Board of Directors will consist of no less than three members. Officers are
elected by and serve at the discretion of the Board of Directors.

 DIRECTOR
INDEPENDENCE

 Our
Board of Directors is currently composed of one member who does not qualify as an independent director in accordance with the published
listing requirements of the NASDAQ Global Market (though the Company may have a plan to list on the NASDAQ Global Market later). The
NASDAQ independence definition includes a series of objective tests, such as that the director is not, and has not been for at least
three years, one of our employees and that neither the director, nor any of his family members has engaged in various types of business
dealings with us. In addition, our Board of Directors has not made a subjective determination as to our director that no relationships
exist which, in the opinion of our Board of Directors, would interfere with the exercise of independent judgment in carrying out the
responsibilities of a director, though such subjective determination is required by the NASDAQ rules. Had our Board of Directors made
these determinations, our Board of Directors would have reviewed and discussed information provided by our director and us regarding
to our director's business and personal activities and relationships as they may relate to us and our management.

 CERTAIN
LEGAL PROCEEDINGS

 No
director, nominee for director, or executive officer of the Company has appeared as a party in any legal proceeding material to an evaluation
of his ability or integrity during the past five years.

 SIGNIFICANT
EMPLOYEES AND CONSULTANTS

 Other
than our sole officer and director, we currently have no other significant employees.

 AUDIT
COMMITTEE AND CONFLICTS OF INTEREST

 Since
we do not have an audit or compensation committee comprised of independent directors, the functions that would have been performed by
such committees are performed by our directors. The Board of Directors has not established an audit committee and does not have an audit
committee financial expert, nor has the Board of Directors established a nominating committee. The Board is of the opinion that such
committees are not necessary since the Company is an early exploration stage company and has only one director, and to date, such director
has been performing the functions of such committees. Thus, there is a potential conflict of interest in that our sole officer and director
has the authority to determine issues concerning management compensation, nominations, and audit issues that may affect management decisions.

 There
are no family relationships among our officers or directors. Other than as described above, we are not aware of any other conflicts of
interest with any of our executive officers or directors, as currently only sole officer and director serves the Company and as well
as the Board.

 SECTION
16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

 Section
16(a) of the Securities Exchange Act of 1934 requires our executive officers and directors, and persons who own more than ten percent
of a registered class of our equity securities, file reports of ownership and changes in ownership with the SEC. Executive officers,
directors and greater-than-ten percent stockholders are required by SEC regulations to furnish us with all Section 16(a) forms they file.
Specific due dates for these reports have been established and the Company is required to report in this report any failure to file by
these dates.

 All
filing requirements were satisfied by the Company's Officers, Directors, and ten-percent holders.

 In
making these statements, we have relied on the written representation of our Officers and Directors or copies of the reports that they
have filed with the Commission.

 CODE
OF ETHICS

 We
have not adopted a formal Code of Ethics. The Board of Directors evaluated the business of the Company and the number of employees and
determined that since the business is operated by a small number of persons, general rules of fiduciary duty and federal and state criminal,
business conduct and securities laws are adequate ethical guidelines. In the event our operations, employees and/or Directors expand
in the future, we may take actions to adopt a formal Code of Ethics.

 SHAREHOLDER
PROPOSALS

 Our
Company does not have any defined policy or procedural requirements for shareholders to submit recommendations or nominations for Directors.
The Board of Directors believes that, given the stage of our development, a specific nominating policy would be premature and of little
assistance until our business operations develop to a more advanced level. Our Company does not currently have any specific or minimum
criteria for the election of nominees to the Board of Directors and we do not have any specific process or procedure for evaluating such
nominees. The Board of Directors will assess all candidates, whether submitted by management or shareholders, and make recommendations
for election or appointment.

 A
shareholder who wishes to communicate with our Board of Directors may do so by directing a written request addressed to our President,
at the address appearing on the cover page of this Annual Report.

 ITEM
11. EXECUTIVE COMPENSATION

 The
following tables set forth certain information about compensation paid, earned, or accrued for services by our Chief Executive Officer
and Chief Financial Officer in the fiscal years ended October 31, 2023, and 2022:

 SUMMARY
COMPENSATION TABLE

 Name
 and

 principal

 position

 Year

 Salary

 ($)

 Bonus

 ($)

 Stock

 ($)

 Option

 Awards

 ($)

 Non-Equity

 Incentive

 Plan

 ($)

 Nonqualified

 Deferred

 Earnings

 ($)

 All
 Other

 ($)

 Total

 ($)

 Yip
 Hoi Hing Peter (1)

 2023

 -

 -

 -

 -

 -

 -

 -

 $

 -

 Chief
 Executive Officer, Chief Financial Officer

 Yip
 Hoi Hing Peter (1)

 2022

 -

 -

 -

 -

 -

 -

 -

 $

 -

 Chief
 Executive Officer, Chief Financial Officer

 (1)
Mr. Yip Hoi Hing Peter ("Mr. Peter Yip"), our Chief Executive Officer, Chief Financial Officer, and Director, was not compensated
for his services provided to the Company during the years ended October 31, 2023, and 2022, respectively.

 STOCK
OPTION GRANTS

 We
have not granted any stock options to our executive officers or directors since our incorporation.

 EMPLOYMENT
AGREEMENTS

 We
do not have an employment or consulting agreement with any officers or directors.

 DIRECTOR'S
COMPENSATION

 The
following table sets forth our director's compensation for the year ended October 31, 2023 (2022: Nil).

 Name

 Salary

 ($)

 Bonus

 ($)

 Stock

 ($)

 Option

 Awards

 ($)

 Non-Equity

 Incentive

 Plan

 ($)

 Nonqualified

 Deferred

 Earnings

 ($)

 All Other

 ($)

 Total

 ($)

 Yip
 Hoi Hing Peter (1)

 -

 -

 -

 -

 -

 -

 -

 $

 -

 (1)
On July 20, 2020, Mr. Yip Hoi Hing Peter ("Mr. Peter Yip") was appointed as Chief Executive Officer, President, and Director
of the Company. Mr. Peter Yip currently holds the positions of Chief Executive Officer, Chief Financial Officer, President, Secretary,
Treasurer and Director of the Company, respectively.

 None
of our directors have received monetary compensation since our inception to the date of this Annual Report on Form 10-K. We currently
do not pay any compensation to our director serving on the Board of Directors.

 COMPENSATION
DISCUSSION AND ANALYSIS

 DIRECTOR
COMPENSATION

 Our
Board of Directors does not currently receive any consideration as a member serving the Board of Directors. The Board of Directors reserves
the right in the future to award the members of the Board of Directors cash or stock-based consideration for their services to the Company,
which awards, if granted shall be in the sole determination of the Board of Directors.

 EXECUTIVE
COMPENSATION PHILOSOPHY

 Our
Board of Directors determines the compensation given to our executive officers in their sole determination. Our Board of Directors reserves
the right to pay our executive or any future executives a salary, and/or issue them shares of Common Stock in consideration for services
rendered and/or to award incentive bonuses which are linked to our performance, as well as to the individual executive officer's
performance. This package may also include long-term stock-based compensation to certain executives, which is intended to align the performance
of our executives with our long-term business strategies. Additionally, while our Board of Directors has not granted any performance
base stock options to date, the Board of Directors reserves the right to grant such options in the future, if the Board in its sole determination
believes such grants would be in the best interests of the Company.

 INCENTIVE
BONUS

 The
Board of Directors may grant incentive bonuses to our executive officer and/or future executive officers in its sole discretion, if the
Board of Directors believes such bonuses are in the Company's best interest, after analyzing our current business objectives and
growth, if any, and the amount of revenue we are able to generate each month, which revenue is a direct result of the actions and ability
of such executives.

 LONG-TERM,
STOCK BASED COMPENSATION

 To
attract, retain and motivate executive talent necessary to support the Company's long-term business strategy we may award our executive
and any future executives with long-term, stock-based compensation in the future, at the sole discretion of our Board of Directors, which
we do not currently have any immediate plans to award.

 ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

 Information
relating to beneficial ownership of Common Stock by our principal shareholders and management is based upon information furnished by
each person using "beneficial ownership" concepts under the rules of the Securities and Exchange Commission. Under these
rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power
to vote or direct the voting of the security, or investment power, which includes the power to vote or direct the voting of the security.
The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within
60 days. Under the Securities and Exchange Commission rules, more than one person may be deemed to be a beneficial owner of the same
securities, and a person may be deemed to be a beneficial owner of securities as to which he or she may not have any pecuniary beneficial
interest. Except as noted below, each person has sole voting and investment power.

 The
following table lists, as of October 31, 2023, the number of shares of Common Stock of the Company that are beneficially owned by (i)
each person or entity known to the Company to be the beneficial owner of more than 5% of our outstanding Common Stock; (ii) each officer
and director of the Company; and (iii) all officers and directors if any as a group.

 The
percentages below are calculated based on 154,394,750 shares of our Common Stock issued and outstanding as of October 31, 2023. We do
not have any outstanding warrant, options, or other securities exercisable for or convertible into shares of our Common Stock.

 Name of Beneficial Owner

 Number of Common Stock Owned

 Percentage of Ownership

 Yip Hoi Hing Peter (1)

 105,350,000

 68.23
 %

 Yip Sau Fong (2)

 10,000,000

 6.48
 %

 Yip Sau Fan Fanny (2)

 10,000,000

 6.48
 %

 Greenpro Venture Capital Limited (3)

 9,000,000

 5.83
 %

 Lee Chong Kuang (4)

 8,000,000

 5.18
 %

 (1)

 Mr.
 Yip Hoi Hing Peter (Mr. Peter Yip), Chief Executive Officer, Chief Financial Officer and Director of the Company, his 68.23% shareholdings
 or ownership of 105,350,000 shares comprises his individual ownership of Common Stock of 30,100,000 shares as well as 30,000,000
 shares held by each of CSG Global Holdings Limited and CS Global Consultancy Limited, which are both controlled entirely by Mr. Peter
 Yip, and the 15,250,000 shares of Common Stock owned by his wife, Ms. Law Mo Ching.

 (2)

 Ms.
 Yip Sau Fong and Ms. Yip Sau Fan Fanny are sisters of Mr. Peter Yip.

 (3)

 Greenpro
 Venture Capital Limited is owned and controlled entirely by Greenpro Capital Corp. or "GRNQ," a NASDAQ listed Company.

 (4)

 Mr.
 Lee Chong Kuang is Chief Executive Officer and Director of Greenpro Capital Corp.

 ITEM
13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE

 None.

 ITEM
14. PRINCIPAL ACCOUNTING FEES AND SERVICES

 Below
is the aggregate amount of fees billed for professional services rendered by our principal accountant with respect to our last two fiscal
years:

 2023

 2022

 Audit fees (1)

 $
 49,445

 $
 43,375

 Audit related fees (2)

 -

 -

 Total

 $
 49,445

 $
 43,375

 (1)
 The
 category of "Audit fees" includes fees for our annual audit, quarterly reviews
 and services rendered in connection with regulatory filings with the SEC, such as the issuance
 of comfort letters and consents.

 Audit
fees were comprised of annual audit fee of $10,000 and quarterly review fees of 39,445 for the year ended October 31, 2023, and annual
audit fee of $10,000 and quarterly review fees of $33,375 for the year ended October 31, 2022, respectively.

 (2)
 The
 category of "Audit-related fees" includes employee benefit plan audits, internal
 control reviews and accounting consultation.

 During
the years ended October 31, 2023 and 2022, neither audit related services were rendered by our principal accountant nor audit related
fees were incurred by the Company.

 All
the professional services rendered by principal accountant for the audit of our annual financial statements that are normally provided
by the accountant in connection with statutory and regulatory filings or engagements by Weinberg & Company, P.A. (2023 and 2022)
were approved by our Board of Directors.

 PART
IV

 ITEM
15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

 (a)
Exhibits

 The
following exhibits are filed or "furnished" herewith:

 Number

 Description

 3.1

 Articles of Incorporation (1)

 3.2

 Bylaws (1)

 17.1

 Departure of Director and Appointment of Officer dated June 4, 2021 (2)

 17.2

 Departure of Director and Appointment of Officer dated June 22, 2021 (3)

 17.3

 Departure of Director and Appointment of Officer dated September 23, 2021 (4)

 31.1

 Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*

 32.1

 Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*

 101.INS

 101.SCH

 101.CAL

 101.DEF

 101.LAB

 101.PRE

 Cover

 *
Filed herewith.

 (1)

 Previously
 filed and incorporated in the Company's Registration Statement, Amendment No.3 to Form S-1 (File No. 333-251324) with the Securities
 and Exchange Commission on May 7, 2021.

 (2)

 Previously
 filed as an exhibit to the Company's Current Report on Form 8-K with SEC on June 4, 2021.

 (3)

 Previously
 filed as an exhibit to the Company's Current Report on Form 8-K with SEC on June 23, 2021.

 (4)

 Previously
 filed as an exhibit to the Company's Current Report on Form 8-K with SEC on September 24, 2021.

 (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus
for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

 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.

 (Name
 of Registrant)

 Date:
 January 26, 2024

 By:

 /s/
 Yip Hoi Hing Peter

 Name:

 Yip
 Hoi Hing Peter

 Title:

 Chief
 Executive Officer and Chief Financial Officer (Principal Executive Officer and Principal Financial and Accounting Officer)

TO CONSOLIDATED FINANCIAL STATEMENTS

 Page
 #

 Consolidated
 Financial Statements

 Report of Independent Registered Public Accounting Firm (PCAOB ID: 572)

 Consolidated Balance Sheets as of October 31, 2023, and 2022

 Consolidated Statements of Operations and Comprehensive Loss for the years ended October 31, 2023 and 2022

 Consolidated Statements of Stockholders' Deficit for the years ended October 31, 2023 and 2022

 Consolidated Statements of Cash Flows for the years ended October 31, 2023 and 2022

 Notes to Consolidated Financial Statements

 – F-10

 F- 1

 Report
of Independent Registered Public Accounting Firm

 To
the Stockholders and the Board of Directors of Global Leaders Corp.

 Opinion
on the Financial Statements

 We
have audited the accompanying consolidated balance sheets of Global Leaders Corp. (the "Company") as of October 31, 2023
and 2022, the related consolidated statements of operations and comprehensive loss, stockholders' deficit, and cash flows
for the years then ended, 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 October 31, 2023 and 2022,
and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted
in the United States of America.

 Going
Concern

 The
accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in
Note 1 to the financial statements, during the year ended October 31, 2023, the Company incurred a net loss and had negative cash
flows from operating activities, and at October 31, 2023, had a stockholders' deficit. These conditions raise substantial doubt about
the Company's ability to continue as a going concern. Management's plans in relation to these matters are also described
in Note 1. The financial statements do not include any adjustments that might result from the outcome of this
uncertainty.

 Basis
for Opinion

 These
financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial
statements based on our audits. We are a public accounting firm registered with the Public 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.

 We
conducted our audits in accordance with the standards 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.

 Our
audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error
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.

 We
have served as the Company's auditor since 2020.

 /s/ Weinberg
& Company, P.A.

 Los
Angeles, California

 January
26, 2024

 F- 2

 CONSOLIDATED
BALANCE SHEETS

 AS
OF OCTOBER 31, 2023, AND 2022

 October 31, 2023

 October 31, 2022

 ASSETS

 Current assets

 Cash

 $
 1,874

 $

 Prepaid expenses

 2,871

 2,041

 Prepaid expense to related party

 1,915

 -

 Total currents assets

 6,660

 2,838

 TOTAL ASSETS

 $
 6,660

 $
 2,838

 LIABILITIES AND STOCKHOLDERS' DEFICIT

 Current liabilities

 Accrued liabilities

 $
 10,000

 $
 10,000

 Due to officer/principal shareholder

 25,563

 56,297

 Total current liabilities

 35,563

 66,297

 Commitments and Contingencies

 -

 -

 STOCKHOLDERS' DEFICIT

 Preferred stock, $ 0.0001 par value; 200,000,000 shares authorized; no shares issued and outstanding at October 31, 2023 and 2022

 -

 -

 Common stock, $ 0.0001 par value, 600,000,000 shares authorized; 154,394,750 and 153,726,000 shares issued and outstanding at October 31, 2023 and 2022, respectively

 15,439

 15,372

 Additional paid in capital

 1,424,320

 889,387

 Accumulated other comprehensive income

 3,332

 3,332

 Accumulated deficit

 ( 1,471,994
)

 ( 971,550
)

 Total stockholders' deficit

 ( 28,903
)

 ( 63,459
)

 TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

 $
 6,660

 $
 2,838

 See
accompanying notes to the consolidated financial statements.

 F- 3

 CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

 FOR
THE YEARS ENDED OCTOBER 31, 2023 AND 2022

 2023

 2022

 2023

 2022

 Revenues:

 Service revenue

 $
 14,061

 $
 -

 Total revenue

 14,061

 -

 Operating expenses:

 General and administrative-related parties

 370,607

 54,691

 General and administrative-other

 143,898

 51,214

 Total operating expenses

 514,505

 105,905

 Loss from continuing operations

)

 ( 105,905
)

 Discontinued operations:

 Loss from discontinued operations

 -

 ( 1,959
)

 Loss on sale of discontinued operations

 -

 ( 1,457
)

 Discontinued operations

 -

 ( 3,416
)

 Net loss

)

 ( 109,321
)

 Other comprehensive income:

 -Foreign currency translation income

 -

 3,173

 Comprehensive loss

 $
)

 $
 ( 106,148
)

 Net loss per common share - basic and diluted

 $
 ( 0.00
)

 $
 ( 0.00
)

 Weighted average common shares outstanding - basic and diluted

 154,365,315

 153,726,000

 See
accompanying notes to the consolidated financial statements.

 F- 4

 CONSOLIDATED
STATEMENTS OF STOCKHOLDERS' DEFICIT

 FOR
THE YEARS ENDED OCTOBER 31, 2023 AND 2022

 Number

 Amount

 Capital

 Income

 Deficit

 Deficit

 Common Stock

 Additional

 Paid-in

 Accumulated

 Other

 Comprehensive

 Accumulated

 Total

 Stockholders'

 Number

 Amount

 Capital

 Income

 Deficit

 Deficit

 Balance, October 31, 2021

 153,726,000

 $
 15,372

 $
 752,338

 $

 $
 ( 862,229
)

 $
 ( 94,360
)

 Capital contribution due to forgiveness of debt from officer/principal shareholder

 -

 -

 137,049

 -

 -

 137,049

 Foreign currency transaction

 -

 -

 -

 3,173

 -

 3,173

 Net loss

 -

 -

 -

 -

 ( 109,321
)

 ( 109,321
)

 Balance, October 31, 2022

 153,726,000

 15,372

 889,387

 3,332

 ( 971,550
)

 ( 63,459
)

 Beginning balance value

 153,726,000

 15,372

 889,387

 3,332

 ( 971,550
)

 ( 63,459
)

 Common Stock issued for cash in a private placement

 668,750

 534,933

 -

 -

 535,000

 Net loss

 -

 -

 -

 -

)

)

 Balance, October 31, 2023

 154,394,750

 $
 15,439

 $
 1,424,320

 $
 3,332

 $
 ( 1,471,994
)

 $
 ( 28,903
)

 Ending balance value

 154,394,750

 $
 15,439

 $
 1,424,320

 $
 3,332

 $
 ( 1,471,994
)

 $
 ( 28,903
)

 See
accompanying notes to the consolidated financial statements.

 F- 5

 CONSOLIDATED
STATEMENTS OF CASH FLOWS

 FOR
THE YEARS ENDED OCTOBER 31, 2023 AND 2022

 2023

 2022

 2023

 2022

 Cash Flows From Operating Activities

 Net loss

 $
)

 $
 ( 109,321
)

 Adjustments to reconcile net loss to net cash used in operating activities:

 Loss from discontinued operations

 -

 1,959

 Loss from sale of discontinued operations

 -

 1,457

 Change in operating assets and liabilities:

 Prepaid expenses

 ( 830
)

 ( 2,041
)

 Prepaid expense to related party

 ( 1,915
)

 -

 Accrued liabilities

 -

 ( 1,863
)

 Accounts payable due to related party

 -

 ( 50,000
)

 Net cash used in operations - continuing operations

 ( 503,189
)

 ( 159,809
)

 Net cash used in operating activities - discontinued operations

 -

 ( 22,176
)

 Net cash used in operating activities

 ( 503,189
)

 ( 181,985
)

 Cash Flows From Investing Activities

 Disposal of subsidiary, net of cash disposed of

 -

 ( 2,094
)

 Net cash used in investing activities - continuing operations

 -

 ( 2,094
)

 Cash Flows From Financing Activities

 (Repayment to) advances from an officer/principal shareholder

 ( 30,734
)

 56,074

 Proceeds from shares issued for cash in a private placement

 535,000

 -

 Net cash provided by financing activities - continuing operations

 504,266

 56,074

 Net cash provided by financing activities - discontinued operations

 -

 114,444

 Net cash provided by financing activities

 504,266

 170,518

 Effect of exchange rate changes in cash and cash equivalents

 -

 2,536

 Net increase (decrease) in cash

 1,077

 ( 11,025
)

 Cash beginning of year

 11,822

 Cash end of year

 $
 1,874

 $

 Supplementary Cash Flow Information

 Cash paid for:

 Interest

 $
 -

 $
 -

 Income taxes

 -

 -

 Non-cash investing and financing activities:

 Capital contribution due to forgiveness of debt from officer/principal shareholder

 $
 -

 $
 137,049

 See
accompanying notes to the consolidated financial statements.

 F- 6

 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

 FOR
THE YEARS ENDED OCTOBER 31, 2023 AND 2022

 1.
 BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 Description
of business

 Global
Leaders Corporation, a Nevada corporation (the "Company"), was incorporated in the State of Nevada on July 20, 2020.

 On
August 25, 2020, the Company acquired 100 %
of the equity interests of Global Leaders Corporation, an Anguilla company ("GLC Anguilla"). Also on August 25, 2020,
GLC Anguilla acquired 100 %
of the equity interests of Global Leaders Academy Limited ("GLA"), a Hong Kong company. On May 1, 2022, GLC Anguilla
sold its entire 100 %
interest in GLA to an unrelated party due to continuing losses incurred by GLA.

 Mr.
Yip Hoi Hing Peter ("Mr. Peter Yip"), founder of the Company, currently holds the positions of Chief Executive Officer, Chief
Financial Officer, President, Secretary, Treasurer and Director of the Company, respectively.

 The
Company is principally engaged in provision of consultancy services to management executives of small and medium enterprises (SMEs) and
startup companies in Hong Kong. In the last quarter of 2023, the Company has initiated a comprehensive range of environmental, social,
and governance (ESG) and sustainability programs and solutions tailored to the needs of SMEs in the Greater Bay Area (GBA), in response
to the growing importance of sustainability.

 COVID-19
pandemic and other global risks

 As
a result of the COVID-19 pandemic and actions taken to slow its spread, the ongoing military conflict between Russia and Ukraine, the
armed conflict in Sudan, and other geopolitical and macroeconomic factors beyond our control, the global credit and financial markets
have experienced extreme volatility, including diminished liquidity and credit availability, declines in consumer confidence, declines
in economic growth, increases in unemployment rates and uncertainty about economic stability.

 Higher inflation, the actions by the Federal Reserve Bank to address inflation, most notably continuing increases
in interest rates, and rising food and energy prices in combination with higher labor costs create uncertainty about the future economic
environment. The implications of higher government deficits and debt, tighter monetary policy, and higher long-term interest rates may
drive a higher cost of capital for the business and an increase in the Company's operating expenses. It is
possible that deterioration in credit and financial markets and confidence in economic conditions will occur. If equity and credit
markets deteriorate, it may affect our ability to raise equity capital, borrow on our existing facilities, access our existing cash,
or make any additional necessary debt or equity financing more difficult to obtain, more costly and/or more dilutive.

 Going
concern

 The
accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets
and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying consolidated financial
statements, for the year ended October 31, 2023, the Company incurred a net loss of $ 500,444 and used cash in operating activities of
$ 503,189 and at October 31, 2023, the Company had a stockholders' deficit of $ 28,903. These factors, among others, raise substantial
doubt about the Company's ability to continue as a going concern within one year of the date that these financial statements are
issued. These financial statements do not include any adjustments that might be necessary should the Company be unable to continue as
a going concern.

 As
of October 31, 2023, the Company's cash balance was $ 1,874. Management estimates that the current funds on hand will be sufficient
to continue operations through the next three months. The Company's ability to continue as a going concern is dependent upon the Company's ability
to implement its business plans and continue receiving
financial support from its officers and shareholders. No assurance can be given that any future financing, if needed, will be available
or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company can obtain additional financing,
if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its
stockholders, in the case of equity financing.

 Basis
of presentation and consolidation

 The
accompanying consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted
in the United States of America ("US GAAP").

 The
consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Global Leaders Corporation, a
company incorporated in Anguilla ("GLC Anguilla"). Intercompany accounts and transactions have been eliminated in consolidation.

 Use
of estimates

 The
preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date
of the financial statements, and the reported amounts of revenues and expenses during the reporting year. Actual results could differ
from those estimates. Significant estimates include estimates for the accrual of potential liabilities.

 Revenue
recognition

 The
Company recognizes revenue following the five-step model prescribed by Accounting Standards Codification (ASC) 606, "Revenue from
Contracts", which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance
obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate
performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step
model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services
it transfers to its clients.

 The Company's revenue consists of revenue from providing educational services ("service revenue"). Revenue is recognized
in the period in which the services are delivered, in an amount that reflects the consideration the Company expects to be entitled to
in exchange for those services. The Company offers no discounts, rebates, rights of return, or other allowances to clients which would
result in the establishment of reserves against service revenue. Additionally, to date, the Company has not incurred incremental costs
in obtaining a client contract.

 F- 7

 Cash

 Cash
consists of funds on hand and held in bank accounts. Cash equivalents includes demand deposits placed with banks or other financial institutions
and all highly liquid investments with original maturities of three months or less, including money market funds. The Company had no
cash equivalents as at October 31, 2023 or 2022.

 SCHEDULE
OF CASH AND CASH EQUIVALENTS

 As of
 October 31,

 2023

 2022

 Cash

 Denominated in United States Dollars

 $

 $

 Denominated in Hong Kong Dollars

 1,167

 Cash

 $
 1,874

 $

 Financial
instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash. As of October
31, 2023, substantially all the Company's cash was held by a major financial institution located in Hong Kong, which management
believes is of high credit quality.

 Fair
value measurements

 The
Company follows the guidance of ASC 820-10, "Fair Value Measurements and Disclosures", with respect to financial assets and
liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used
in measuring fair value as follows:

 Level
1: Observable inputs such as quoted prices in active markets;

 Level
2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and

 Level
3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions

 The
Company believes the carrying amount reported in the balance sheet for cash, prepaid expenses, accrued liabilities, and due to an officer/principal shareholder, approximate their fair values because of the
short-term nature of these financial instruments.

 Foreign
currency translation

 The
reporting currency of the Company is the United States Dollars ("US$") and the accompanying consolidated financial statements
have been expressed in US$. In addition, the Company's operating subsidiary maintains its books and records in its functional currency,
Hong Kong Dollars ("HK$").

 In
general, for consolidation purposes, assets and liabilities of the Company's subsidiaries whose functional currency is not the
US$, are translated into US$ using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates
prevailing during the year. The gains and losses resulting from translation of financial statements of a foreign subsidiary are recorded
as a separate component of accumulated other comprehensive income or loss within stockholders' equity or deficit.

 Translation
of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods:

 SCHEDULE
OF FOREIGN CURRENCY TRANSLATION

 As of and for the years ended
 October 31,

 2023

 2022

 Period-end HK$: US$1 exchange rate

 7.82

 7.85

 Period-average HK$: US$1 exchange rate

 7.83

 7.83

 Net
income or loss per share

 The
Company calculates net income or loss per share in accordance with ASC Topic 260, "Earnings per Share." Basic net income
or loss per share is computed by dividing the net income or loss by the weighted-average number of common shares outstanding during the
period. Diluted net income or loss per share is computed like basic net income or loss per share except that the denominator is increased
to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been
issued and if the additional common shares were dilutive. As of October 31, 2023, the Company has no potentially dilutive securities,
such as options or warrants, outstanding.

 Concentrations

 For
the year ended October 31, 2023, five customers accounted for 100 %
(one customer for 28 %,
and four customers for 18 %
each) of the Company's revenue, while no
revenue was recorded for the year ended October 31, 2022.

 For
the years ended October 31, 2023, and 2022, two vendors accounted for 75 % ( 65 % and 10 %) and 93 % ( 52 % and 41 %) of the Company's
operating expenses, respectively.

 F- 8

 Recent
Accounting Pronouncements

 In
August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and
Hedging – Contracts in Entity's Own Equity (Subtopic 815-40) ("ASU"). This ASU reduces the number of accounting models for
convertible debt instruments and convertible preferred stock and amends the guidance for the derivatives scope exception for
contracts in an entity's own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves
and amends the related earnings per share guidance. This standard became effective for the Company beginning on January 1, 2023.
Adoption is either a modified retrospective method or a fully retrospective method of transition. The Company adopted this guidance
effective January 1, 2023, and the adoption of this standard did not have a material impact on its consolidated financial
statements.

 Other
recent accounting guidance issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public
Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's
present or future financial statements.

 NOTE
2 - DISCONTINUED OPERATIONS

 In
May 2022, the Company's Anguilla subsidiary, GLC Anguilla finalized the sale of its entire 100 % interest in its subsidiary, GLA to
an unrelated party for HK$ 1 (approximately $ 0.13), due to continuing losses incurred by GLA.

 GLA
was deconsolidated from the Company's financial statements effective May 1, 2022. After the deconsolidation, the Company did not
have any continuing involvement in the operations of the disposed subsidiary. The disposal is accounted for as discontinued operations
and, accordingly, all prior periods presented in the accompanying consolidated balance sheets, statements of operations and statements
of cash flows have been adjusted to conform to this presentation; no adjustment has been made to the prior period consolidated balance
sheet as a result of the disposal.

 On
May 1, 2022, prior to the disposal, GLA had net assets of $ 2,094 and net liabilities of $ 637. As a result, the Company recorded a loss
on sale of discontinued operations of $ 1,457:

 SCHEDULE
OF SALE OF DISCONTINUED OPERATIONS

 Carrying value of assets disposed

 $
 ( 2,094
)

 Carrying value of liabilities disposed

 Carrying value of net assets disposed

 ( 1,457
)

 Sales proceeds

 -

 Loss on sale of discontinued operations

 $
 ( 1,457
)

 The
following table summarizes certain selected components of discontinued operations for the disposed subsidiary for the years ended October
31, 2023 and 2022:

 SUMMARY
OF COMPONENTS OF DISCONTINUED OPERATIONS FOR DISPOSED SUBSIDIARY

 2023

 2022

 2023

 2022

 Revenues

 $
 -

 $
 2,560

 Loss from discontinued operations

 $
 -

 $
 ( 1,959
)

 Loss per share from discontinued operations - Basic and Diluted

 $
 -

 $
 ( 0.00
)

 Current and total assets

 $
 -

 $
 -

 Current and total liabilities

 $
 -

 $
 -

 NOTE
3 – STOCKHOLDERS' DEFICIT

 Shares
issued for cash in a private placement

 During
the year ended October 31, 2023, the Company sold 668,750 shares of restricted Common Stock to eighteen (18) individuals in a private
placement at a price of $ 0.80 per share, for total proceeds of $ 535,000. The proceeds are used to fund expansion of the Company's
operations.

 For
the year ended October 31, 2022, the Company did not issue any shares of its Common Stock.

 F- 9

 NOTE
4 - INCOME TAXES

 The
Company had no income tax expense for the years ended October 31, 2023 and 2022, respectively. The following is a reconciliation of the
statutory federal income tax rate to the Company's effective tax rate:

 SCHEDULE
OF RECONCILIATION OF THE STATUTORY FEDERAL INCOME TAX RATE

 2023

 2022

 2023

 2022

 Loss from continuing operations before income tax:

 $
)

 $
 ( 105,905
)

 U.S. Federal statutory tax rate

 %

 %

 Income tax benefit at statutory rate

 ( 105,093
)

 ( 22,240
)

 Foreign tax rate difference

 -

 -

 Change in valuation allowance

 105,093

 22,240

 Income tax provision

 $
 -

 $
 -

 SCHEDULE OF COMPONENTS OF DEFERRED
TAX ASSETS

 2023

 2022

 As of
 October 31,

 2023

 2022

 Components of deferred tax assets:

 Net operating loss carryforwards

 $
 254,659

 $
 149,566

 Gross deferred tax assets

 254,659

 149,566

 Less: valuation allowance

 ( 254,659
)

 ( 149,566
)

 Net deferred tax asset

 $
 -

 $
 -

 The
provisions of ASC Topic 740, Accounting for Income Taxes, require an assessment of both positive and negative evidence when determining
whether it is more likely than not that deferred tax assets are recoverable. As of October 31, 2023 and 2022, based on all available
objective evidence, including the existence of cumulative losses, the Company determined that it was more likely than not that the net
deferred tax assets were not fully realizable. Accordingly, the Company established a full valuation allowance against its net deferred
tax assets. The Company intends to maintain a full valuation allowance on net deferred tax assets until sufficient positive evidence
exists to support reversal of the valuation allowance.

 The
Company adopted the provisions of ASC 740, which requires companies to determine whether it is "more likely than not" that
a tax position will be sustained upon examination by the appropriate taxing authorities before any tax benefit can be recorded in the
financial statements. ASC 740 also provides guidance on the recognition, measurement, classification and interest and penalties related
to uncertain tax positions. As of October 31, 2023 and 2022, no liability for unrecognized tax benefits was required to be recorded or
disclosed.

 NOTE
5 - RELATED PARTY TRANSACTIONS

 Mr.
Yip Hoi Hing Peter ("Mr. Peter Yip"), our Chief Executive Officer, Chief Financial Officer, and Director, and his spouse
control 68.23 % of the Company's restricted Common Stock. In September 2020, Mr. Peter Yip purchased 30,100,000
shares of the Company's restricted Common Stock as a founder for $ 3,010
and is currently a 19.50 %
shareholder of the Company and his spouse purchased 15,250,000 shares of the Company's C ommon
Stock
for $ 1,525 and is currently a 9.87 % shareholder of the Company. In addition, in October 2020, two companies owned by Mr. Peter Yip, CS Global Consultancy Limited
("CS Global") and CSG Group Holdings Limited, each purchased 30,000,000
shares of the Company's restricted Common Stock issued to founders for $ 3,000
and are each currently a 19.43 %
shareholder of the Company, respectively.

 As of October 31, 2023 and 2022, the
Company owed Mr. Peter Yip $ 25,563
and $ 56,297 for
advances which were for the Company's operations. The advances are due on demand, are unsecured, and are non-interest
bearing.

 For the year ended October 31, 2023,
fees paid to CS Global totaled $ 336,828
 including management fees of $ 89,621,
and office usage and manpower support of $ 247,207,
while for the year ended October 31, 2022, the Company did not incur any fees to CS Global.

 In
April 2022, Mr. Peter Yip forgave liabilities due to him by the Company's former subsidiary, GLA of $ 137,049. As a result, the
Company recorded a capital contribution to the Company of $ 137,049 during the year ended October 31, 2022.

 Greenpro Capital Corp., through its
wholly owned subsidiaries (collectively "Greenpro"), holds 9,000,000 shares
of the Company's Common Stock, and is currently a 5.83 %
shareholder of the Company. In addition, three executives of Greenpro who collectively hold 16,000,000 shares
of the Company's Common Stock, are currently 10.36 %
shareholders of the Company.

 For
the year ended October 31, 2023, the Company incurred total fees to Greenpro of $ 33,779, including accounting fees of $ 28,299, administration
fees of $ 640, advisory fees of $ 800 and company secretarial fees of $ 4,040, respectively. For the year ended October 31, 2022, the Company
incurred total fees to Greenpro of $ 54,691, including accounting fees of $ 50,496 and company secretarial fees of $ 4,195, respectively.

 F- 10