DOING BUSINESS REPORT

Company Name: Dragonglass

Product Manufactured: Augmented Reality Glasses

Industry Focused: Digital

Vision: To Accelerate Today’s Digital Transformation

Key Business Area: To Turn Data into Actionable Insights

Initiative:

Since Indian government abolished the filing fees for the company incorporation form,
electronic memorandum of association, and articles of association. starting a business is
easier.

Construction Permits:

The government streamlined the process, reduced the time and cost of obtaining
construction permits, and improved building quality control by strengthening professional
certification requirements.

Patent will be filed,

Raw materials: Processing chips from intel or any other companies in Silicon Valley at US.
Product body: From Samsung and European manufactures and the production of display
glasses and assembling will be done on this plant.

Registration:

the common license

a) Registered as Private Limited Company or LLP or OPC or Solo or Partnership.

b) GST registration

c) Factory license or Shop act License anyone

d) Excise Registration

Electricity: Commercial Electricity for heavy machines, Adoption Green energy techniques
such as solar as the government gives subsidies for such implements.
Getting Credit:

For capital Calling for investments 30% from companies from outside India, Loan proposal,
Debentures and Rest by shares.

Securing Minority Investors: By passing various Investment policies.

Tax: Registered with GST to pay taxes eventually, Identifying Tax issues and tax breaks,
exemption.

Strategies to Launch my product:

• Focus on the People, Not the Product

• Use Influencer Marketing
• Collect Feedback Before the Product Go Viral
• Leveraging the Internet
• Keeping check the Lifecycle of Your Product
• Distinguishing myself from the Competition
• Complying with Regulations, Labor Law and Intellectual Property Law
• Growing Your Business with Exports

Trading across borders (EXIM):

Ares of selling products can be deciphered by researching various marketing channels.

Indian Government made trading across borders easier by enabling post clearance audits,
integrating trade stakeholders in a single electronic platform, upgrading port
infrastructures, and enhancing the electronic submission of documents.

Focusing on countries which encourages technology. Making some Contracts with tech
companies such as apple, google, intel to get my product updated.

Resolving insolvency:

Indian government made resolving insolvency easier by promoting reorganization

proceedings in practice. India also made resolving insolvency more difficult by not allowing
dissenting creditors to receive as much under reorganization as they would receive in
liquidation. Assets and Reserve Funds liable as the last resort.