VIP Class Notes (Tibo) [S+W]

Homework


Review the email template file from last lessons
+
Add some emails you had difficulties with in the HW section

Next Class Focus


review past tense

Today we focused on:

refining professional expression

Speaking exercise

Our company is like consulting research and design service.
We can design products or we can design apps or websites.
If a car or a small thing like a coat, everything. just the client need / ask.
This company is I with a friend. we are partners. She is very professional for this kind of business, My work more for administration or with accountant.


Our company provides consulting, research and design services.
We can design products or we can design apps or websites.
For example a car or a small things like a coat, everything the client needs / asks for / requires.
This company is a partnership between a friend and myself. we are partners. She has a lot of experience/ she is very experienced for this kind of business, My work is more about administration and dealing with accountants.

Speaking exercise

roleplay:

contract for design (2 copies)

could you send me the contract project B ?

It is better if I can get it before end of this week.

did you get any news about the tax refund for this year
I didn’t hear any news about that but I can check it with our accountant.

We also need to do the annual audit very soon
We are not ready for that, we still need some data


contract for design (2 copies)

could you send me the contract for/about / related to project B ? / could you send me project b’s contract?

It is better if I can get it before end of this week.

did you get/receive any news about the tax refund for this year?
I didn’t hear any news/anything about that but I can check it with our accountant.
We also need to do the annual audit very soon
We are not ready for that, we still need some data / we are missing some data.

Writing exercise

Overseas payment process and documents:
  • Record on taxation administration website
  • Waiting for approve, usually need to waiting for one day
  • After approval, deduct tax amount payable, Next month accountant will pay the tax
  • Withholding taxes: 1) 6% VAT
2) additional tax of 12%
3) 10% income tax
  • Then need go to bank with: 1) Company invoice chop
2) Business license
3) Tax statement
4) Business contract
  • Bank need about a week approve
  • After bank approval,remittance need about a week.

Overseas payment process and documents:
  • file tax records on the administration website
  • Wait for approval, usually you need to wait for one day / it usually takes one day.
  • After approval, deduct tax amount payable, The accountant will pay the tax the following month.
  • Withholding taxes:
    1) 6% VAT
    2) additional tax of 12% on …..
    3) 10% income tax
  • Then bring the following to the bank:
    •  1) Company invoice chop
    • 2) Business license
    • 3) Tax statement
    • 4) Business contract
  • It takes 1 week for the bank to approve the application
  • After the bank’s approval, remittance takes about a week.

Writing exercise


Dear Aiai, Nancy,

I am still waiting for the final contract for Project C.
Could you please send it to me asap?

BR.

John Smith

Dear John,
I will send it to you in 2 days. You will receive it tomorrow morning.

BR.

Vocabulary

to file: write something officially / give official information
Our company filed for bankruptcy last month.

to provide : to give
We provide consulting services
We provided the statement to the bank.

to apply : to be used on something
I apply make up on my cheeks in the morning

applicable : relevant to something
the 10% tax is applicable on your income in mainland China.

professional : How something or someone appears (not always the real competence)
Tom looked professional with his black suit but he knew nothing about the subject.

to have experience: know a lot about something
She has a lot of experience in design.

data : æ•°æ®
We miss some data.

bankruptcy : when a company runs out of money
OFO may file for bankruptcy

to refund : to pay back
I didn’t like the phone so I sent it back and my money was refunded after 3 days.
I received a tax refund last week.

Grammar

take time:
going to Beijing by train takes about 4h.
The approval takes about 1 day.
It takes me 25 mins to go to the office in the morning.

when talking about yourself  + others put yourself last:
Tom, Kelly and I went to the cinema.

Pronunciation

file (fai le)

bank

company

website (websaite)

clients (clai ents)

colleague (col e gue)

challenge (Chal N je)

follow / flow

replay / reply (replai)

experience ( X P rience)