Attached files

                                                                    Exhibit 10.3

LEASE AGREEMENT

We have signed the lease  agreement as of 12/01/2014  with  CRISTOUDIAS  KOSTAS,
Nicosia,  Cyprus,  where we have located our first candle  making  machine.  The
premise allows us to place five candle making machines.

Material terms of agreement are as following:

1.   Leased premises area covers approximately 40 (forty) square meters.  Leased
     premises  are  located on the first floor of the  building at 32  Enotitos,
     Nicosia, Cyprus.
2.   Term of  Agreement  makes two (2) years,  starting  December  01,  2014 and
     ending December 01, 2016
3.   BETAFOX CORP is given an option to renew the Lease for an  additional  term
     of one year by giving the lesser  written  notice  ninety  (90) days before
     expiration  of the primary term of this lease.  The renewal  lease is to be
     upon  the  same  terms  and  conditions  contained  in  the  primary  Lease
     Agreement, besides rental fee as provided in Paragraph 5 of the Agreement.
4.   For the first year of the Agreement, the annual rental fee will be $6,000.
5.   For the second year of the Agreement, the annual rental fee will be $5,400.
6.   Default interest of $10 per day shall be paid an additional payment for any
     rental fee  delivered or received  more than three (3) days after the first
     day of any calendar month during the term of this lease.
7.   Lesser  agrees to  provide at his  expense  for the  premises  electricity,
     water,  air  conditioning,  ventilation,  light  tubes  replacement,  trash
     removal service and sewage disposal  service in such quantities and at such
     times  necessary for the Lessee's  comfortable  and  reasonable  use of the
     premises.
8.   Any holding over after the  expiration of the lease term shall be deemed to
     constitute  a  tenancy  from  month to month  only and shall be on the same
     terms and conditions as specified in this Lease Agreement.
9.   The leased premises area covers approximately 40 (forty) square meters. The
     leased  premises  are  located  on the first  floor of the  building  at 32
     Enotitos, Nicosia, Cyprus.
10.  Term of  Agreement  makes two (2) years,  starting  December  01,  2014 and
     ending December 01, 2016
11.  BETAFOX CORP. is given an option to renew the Lease for an additional  term
     of one year by giving the lesser  written  notice  ninety  (90) days before
     expiration  of the primary term of this lease.  The renewal  lease is to be
     upon  the  same  terms  and  conditions  contained  in  the  primary  Lease
     Agreement, besides rental fee as provided in Paragraph 5 of the Agreement.
12.  For the first year of the Agreement, the annual rental fee will be $6,000.
13.  For the second year of the Agreement, the annual rental fee will be $5,400.
14.  Default interest of $10 per day shall be paid an additional payment for any
     rental fee  delivered or received  more than three (3) days after the first
     day of any calendar month during the term of this lease.
15.  Lesser  agrees to  provide at his  expense  for the  premises  electricity,
     water,  air  conditioning,  ventilation,  light  tubes  replacement,  trash
     removal service and sewage disposal  service in such quantities and at such
     times  necessary for the Lessee's  comfortable  and  reasonable  use of the
     premises.
16.  Any holding over after the  expiration of the lease term shall be deemed to
     constitute  a  tenancy  from  month to month  only and shall be on the same
     terms and conditions as specified in this Lease Agreement