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How much is the Philippine annual report fine?
A: The annual report of the Philippines is handled by all foreigners in the Philippines every year. The general processing time is from January to March each year. If you don't go through the annual report, you will be fined. The fine is mainly composed of the fast fee for overdue fine reconsideration fee, which is 200 pesos per month and the maximum fine per year is 2000 pesos.
That is, if the maximum fine is calculated, the maximum fine for not making annual reports is 2000 pesos (overdue fine) 1010 pesos (review fee) 500 pesos (express fee) = 3510 pesos.
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