Arbitration fees

Annex 2

to the Arbitration Rules of the International Arbitration Court

“Chamber of Arbitrators at the Union of Lawyers”

Arbitration fee

 

  1. The rates of the arbitration fee are:

1.1. Registration fee:[2]

Amount in dispute in EUR

Registration fee in EUR[3]

from

to

 

 

25 000

250

25 001

100 000

500

100 001

500 000

1 000

500 000

1 000 000

2 000

 

over 1 000 000

2 500

Non-monetary claim

(no amount)

500

1.2. Arbitrationfee (excluding the registration fee):[4]

Amount in dispute in EUR

Arbitration fee in EUR[5]

from

to

 

 

25 000

1 500

25 001

50 000

1 500 + 5,0 % of amount over 25 000

50 001

100 000

2 750 + 4,0% of amount over50 000

100 001

500 000

4 750 + 3,0 % of amount over100 000

500 001

1 000 000

16 750 + 2,0 % of amount over500 000

 

over1 000 000

26 750 + 1,0 % of amount over1 000 000

Non-monetary claim

(no amount)

The amount of the arbitration fee shall be established by the Chairman, but at least 1 500

  1. The registration fee forms a part of the arbitration fee. The registration fee is non‑refundable.
  2. Where monetary and non-monetary claims are united in a single statement of claim, the arbitration fee (including the registration fee) shall be paid for each claim separately.
  3. Where claims to two or more respondents are united in a single statement of claim, the amount in dispute shall be calculated for each respondent separately,
  4. If the claimant waives its claim fully or partially of if the amount of claim is reduced, the arbitration fee (including the registration fee) Upon the decision of the arbitral tribunal the costs incurred by the claimant for payment of the arbitration fee (including the registration fee) may be assigned to the respondent considering the circumstances of the case.
  5. The arbitration fee excluding the registration fee shall be partially refunded if the parties agree on a settlement:
    • 75 % –if the settlement is concluded before a detailed statement of claim was filed;
    • 50 % –if the settlement is concluded before the first oral hearing was conducted;
    • 25 % –if the settlement is concluded before the award was rendered.
  6. The registration fee shall cover administrative and other costs incurred by the Chamber of Arbitrators in connection with the commencement of arbitral proceedings.
  7. The arbitration fee (excluding the registration fee) shall cover the costs incurred by the Chamber of Arbitrators in connection withthe administration of arbitral proceedings in the following way:
  • 10 % of the arbitration fee (excluding the registration fee)shall cover administrative costs of the Chamber of Arbitrators;
  • 90 % of the arbitration fee (excluding the registration fee) shall cover arbitrators’ fees.
  1. Unless otherwise established by the Presidium considering the circumstances of the case, if a case is considered by the arbitral tribunal consisting of three arbitrators, the arbitration fee (excluding the registration fee) shall cover the arbitrators’ fees as follows:
    • presiding arbitrator – 40 % of the arbitration fee (excluding the registration fee);
    • arbitrators –25 % of the arbitration fee (excluding the registration fee) each.
  2. The remuneration of the secretary of the arbitral tribunal, if any, shall be paid from the fee of the presiding arbitrator. The amount of the remuneration of the secretary of the arbitral tribunal shall be established by the presiding arbitrator of the arbitral tribunal considering the circumstances of the case.
  3. The amount of the arbitration fee (excluding the registration fee) calculated in accordance with paragraph 1.2 of Annex 2 to the Rules shall be reduced by 30% if the case is considered by a sole arbitrator. If the case is considered by a sole arbitrator, 90% of the arbitration fee (excluding the registration fee) shall cover the sole arbitrator’s fee.
  4. The arbitration fee (including the registration fee) and other costs shall be paid in euro or in any other freely convertible currency converted to euro at the cross rate of the respective currencyto euro calculated through official rates of each currency and Belarusian rouble set by the National Bank of the Republic of Belarus on the day of the payment.
  5. The party located in the Republic of Belarus shall pay the arbitration fee and other costs in the national currency of the Republic of Belarus at the official rate of Belarusian rouble to euro set by the National Bank of the Republic of Belarus on the day of the payment.
  6. The amount of the arbitration fee and other costs shall be deemed to have been paid on the day they were credited to the account of the Chamber of Arbitrators.