Hello, Mate. Be very careful about this company. I worked for the same company. Most of the time, the owner pays whatever is in your contract until something comes up that costs him a farthing, and then he goes into an incredible tailspin. He is very unreasonable and punitive to his teachers. This is the story of a lass who worked for him and got shafted. Unfortunately, I have heard the exact same story more than once about this man. http://mysteriousandmisplaced.com/2007/09/07/my-chinese-headache-part-1.html.

He will not sign a detailed contract because when you arrive he requires you to cover expenses and take on extra duties that are not addressed in the contract, like paying for utilities, transportation, visa changes, etc, and creating tests and teaching materials in your spare time. He seems to find anyway possible to peel off a few cents from your hide. Just get it in writing.