Structure · 01
Deal structure
Structure is the first transaction question. Do not treat entity labels as a substitute for the deal thesis.
First job Clarify the commercial objective and viable transaction structure.
Start here
Key considerations
- What is being bought or reorganised?
- Share deal, asset deal or a new vehicle?
- Which constraints already limit the structure?
Decision map
Keep the question bounded.
- State the commercial objectiveControl, asset isolation, speed or licence continuity.
- Test viable routesShare, asset and vehicle options against those constraints.
- Hand off gates earlyFDI, merger control and sector licences belong on the approvals route.
Quick answers
Need the short version? Start with one narrow question.
These explainers answer one question. They do not replace this topic route or a deep guide.
Quick AnswerChina M&A & Equity Transfer Basics for FIEsBasics of China M&A and equity transfers for foreign-invested enterprises: SPA structure, SAMR filing, NSR screens, and closing steps.Quick AnswerPrivate Equity & Venture Capital in China � BasicsBasics of PE/VC investment into China targets: structure choices, foreign investment screens, and governance themes for foreign sponsors.
Curated resources
Open the asset that matches this job.
Helpful to prepare
Facts that make the next conversation clearer.
These items are orientation aids, not a legal requirement list.
- Target perimeter and desired end-state
- Known licence, shareholding or negative-list limits
- Whether a China vehicle must be formed or used
Local context
Add local registration only when it changes the filing.
AMR, SAMR and sector authorities can differ in practice after the national gate is identified.
Open city and province guidesCounsel hand-off
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This hub organises deal stages and gates. It does not decide structure, clearance or closing on your facts.
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