Fees

Follow the links below to access the fees and costs associated with each of HKIAC's arbitration services:

 

Administered Arbitration

 

Ad Hoc Arbitration

At the request of either party (or both parties) in an ad hoc arbitration, HKIAC may:

  1. appoint arbitrator(s) or umpire(s); and/or

  2. determine the number of arbitrators.

  3. decide a challenge to an arbitrator.

The fee for appointing one arbitrator is HKD 8,000.

The fee for determining the number of arbitrators is HKD 8,000.

The Challenge Registration Fee is HK$50,000.

The arbitral tribunal's fees and expenses shall be determined in accordance with the applicable arbitration rules or law.

 

Domestic Arbitration

 

Fundholding

Holding security for fees and expenses on behalf of arbitrator, mediator, adjudicator, domain name panelist, or any other dispute resolution service provider:

  • Prior to the commencement of the services, a non-refundable administrative fee of HK$8,000.00 per annum shall be paid to HKIAC.

  • Payment of the administrative fee shall be due at each 12-month anniversary.

  • HKIAC may adjust the administrative fee at its sole discretion.

  • If the administrative fee is not paid in full to HKIAC within 30 days after receipt of a request by HKIAC, HKIAC may so inform the parties in order that one or another of them may make the required payment. If such payment is not made within the time period granted, HKIAC may terminate the services and return any unexpended funds to the parties.

Holding security for the amount in dispute or security for costs as directed by a Neutral:

  • HKIAC's fee for acting as stakeholder is HK$10,000.00 per annum, payable when the security for the amount in dispute or security for costs is sent to HKIAC.

 

Methods of Payment

Payment of HKIAC's fees may be made by any of the following means.

Cheque

By cheque payable to "Hong Kong International Arbitration Centre" in Hong Kong Dollars.

Bank transfer

By bank transfer be made to one of the following accounts: 

1. If the remitting party is (1) of Russian or Belarussian nationality, or (2) remitting from a Russian or Belarussian bank account, please remit only to: 

Account No: 012-875-2-035113-9
Account Name: Hong Kong International Arbitration Centre
Bank: BANK OF CHINA (HONG KONG) LIMITED, HONG KONG
Swift Code: BKCHHKHHXXX
Bank Code: 012

Please do not remit to any other accounts

2. For all other parties, remittance may be made to:

Account No: 567-190897-001
Account Name: Hong Kong International Arbitration Centre
Bank: Hongkong & Shanghai Banking Corporation, 1 Queen’s Road Central, Hong Kong
Swift Code: HSBC HK HHH KH

In the event of doubt, please communicate with HKIAC in advance of any upcoming payment (by email to arbitration@hkiac.org; by phone to +852 2525 2381; by fax to +852 2524 2171) to confirm the bank account details for bank transfer.

Please note that all bank charges shall be borne by the remitting party.

PayPal

Payment of the following fees may be made online through PayPal. PayPal charges a commission for each payment and such a commission shall be borne by the paying party.  A party who intends to pay a deposit for HKIAC’s administrative fees by PayPal should inform HKIAC (Case Manager), who will provide payment instructions including the applicable PayPal commission. HKIAC does not accept payment of deposits for arbitrators’ fees by PayPal.

  • Click here to pay the Registration Fee of HK$8,000 plus a PayPal commission of HK$234.35.
  • Click here to pay the fee for determining the number of arbitrators in the amount of HK$8,000 plus a PayPal commission of HK$234.35.
  • Click here to pay the fee for appointing an arbitrator in the amount of HK$8,000 plus a PayPal commission of HK$234.35.
  • Click here to pay the Challenge Registration Fee of HK$50,000 plus a PayPal commission of HK$1,452.35.
  • Click here to pay the Emergency Arbitrator Application Deposit of HK$250,000 plus a PayPal commission of HK$7,252.35.
  • Click here to pay the fee for authenticating or certifying an ad hoc award made in Hong Kong in the amount of HK$5,000 plus a PayPal commission of HK$147.35.
  • Click here to pay the fee for holding security for arbitrators/mediators/adjudicators' fees and expenses in the amount of HK$4,000 plus a PayPal commission of HK$118.35.
  • Click here to pay the fee for holding security for the amount in dispute or security for costs in the amount of HK$10,000 plus a PayPal commission of HK$292.35.

 

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