A Checklist outlining key legal issues for a corporate entity, incorporated in another jurisdiction, to consider when acquiring a private commercial company or its business and assets in China (PRC). It includes preliminary structuring and process issues, regulatory issues (including competition law and foreign direct investment), putting in place any pre-acquisition agreements (such as confidentiality agreements, heads of terms, and exclusivity agreements), coordinating the due diligence exercise, documenting the transaction, and managing the signing and closing process.