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2015 Schedule of Fees

For an arbitration administered under the 2013 HKIAC Administered Arbitration Rules

HomeArbitrationFeesAdministered Arbitration Fees2015 Schedule of Fees

In cases where parties have agreed to have their arbitration administered in accordance with the 2013 HKIAC Administered Arbitration Rules, the applicable fees are set out in the Schedule of Fees.

View the 2015 Schedule of Fees in PDF format: English

Calculate the applicable fees using the Fee Calculator under the 2013 Rules.

 

Registration Fee

When submitting a Notice of Arbitration pursuant to Article 4.4 and Schedule 1 of the Rules, the Claimant shall pay a non-refundable registration fee of HKD 8,000. Where there is more than one Claimant, the registration fee shall be shared equally between the Claimants, unless the Claimants agree otherwise.

HKIAC Administrative Fees

Pursuant to paragraph 2 of Schedule 1 of the Rules, HKIAC’s Administrative Fee shall be determined in accordance with the following table:

SUM IN DISPUTE (in HKD)ADMINISTRATIVE FEES (in HKD)
Up to 400,00019,800
From 400,001 to 800,00019,800 + 1.300% of & over 400,000
From 800,001 to 4,000,00025,000 + 1.000% of & over 800,000
From 4,000,001 to 8,000,00057,000 + 0.545% of & over 4,000,000
From 8,000,001 to 16,000,00078,800 + 0.265% of & over 8,000,000
From 16,000,001 to 40,000,000100,000 + 0.200% of & over 16,000,000
From 40,000,001 to 80,000,000148,000 + 0.110% of & over 40,000,000
From 80,000,001 to 240,000,000192,000 + 0.071% of & over 80,000,000
From 240,000,001 to 400,000,000305,600 + 0.059% of & over 240,000,000
Over 400,000,000400,000

 

Pursuant to Articles 18.2, 27.14 or 28.9 of the Rules or in other exceptional circumstances, HKIAC's Administrative Fees may exceed the amounts set out above.

Where the amount in dispute is not quantified, pursuant to paragraph 2.5 of Schedule 1 of the Rules HKIAC’s Administrative Fees shall be fixed by HKIAC, taking into account the circumstances of the case.

Arbitral Tribunal’s Fees

Where, pursuant to Article 10 of the Rules, the fees of the arbitral tribunal are to be determined in accordance with paragraph 9 of Schedule 2:

(a) subject to paragraph 9.5 of that Schedule, the maximum agreed hourly rate of an arbitrator will be HKD 6,500 per hour; and

(b) where the arbitral tribunal appoints a secretary pursuant to Article 13.4 of the Rules, the maximum hourly rate of the secretary to the arbitral tribunal will be HKD 2,500 per hour.

The fees of an Emergency Arbitrator shall be determined by HKIAC by reference to his or her hourly rate subject to the terms set out in paragraph (a) above.

Where the fees of the arbitral tribunal are determined in accordance with Schedule 3 of the Rules, subject to Article 10.3(c), the fees shall be fixed by HKIAC in accordance with the following table:

SUM IN DISPUTE (in HKD)ARBITRATOR'S FEES (in HKD)
Up to 400,00011.000% of amount in dispute
From 400,001 to 800,00044,000 + 10.000% of & over 400,000
From 800,001 to 4,000,00084,000 + 5.300% of & over 800,000
From 4,000,001 to 8,000,000253,600 + 3.780% of & over 4,000,000
From 8,000,001 to 16,000,000404,800 + 1.730% of & over 8,000,000
From 16,000,001 to 40,000,000543,200 + 1.060% of & over 16,000,000
From 40,000,001 to 80,000,000797,600 + 0.440% of & over 40,000,000
From 80,000,001 to 240,000,000973,600 + 0.250% of & over 80,000,000
From 240,000,001 to 400,000,0001,373,600 + 0.228% of & over 240,000,000
From 400,000,001 to 600,000,0001,738,400 + 0.101% of & over 400,000,000
From 600,000,001 to 800,000,0001,940,400 + 0.067% of & over 600,000,000
From 800,000,001 to 4,000,000,002,074,400 + 0.044% of & over 800,000,000
Over 4,000,000,0003,482,400 + 0.025% of & over 4,000,000,000
Maximum of 12,574,000

 

The fees shown in the table above are intended to represent the maximum amount payable to one arbitrator.

Pursuant to Articles 10.3(c), 18.2, 27.14 or 28.9 of the Rules or in other exceptional circumstances, the arbitral tribunal's fees may exceed the amounts set out above.

Where the amount in dispute is not quantified, pursuant to paragraph 6.6 of Schedule 3 of the Rules, the arbitral tribunal's fees shall be fixed by HKIAC, taking into account the circumstances of the case.

Registration Fee for filing a Challenge to an Arbitrator

A party submitting a Notice of Challenge pursuant to Article 11.7 of the Rules shall pay a non-refundable deposit of HKD 50,000. Where the Notice is submitted by more than one party, those parties shall pay the deposit in equal shares, unless the parties agree otherwise.

Fees Applicable to Emergency Arbitrator Procedures

A party applying for the appointment of an Emergency Arbitrator pursuant to Article 23.1 and Schedule 4 of the Rules shall pay an Application Deposit of HKD 250,000 on the date of application. Where the application is submitted by more than one party, those parties shall pay the Application Deposit in equal shares, unless the parties agree otherwise.

The Application Deposit is intended to cover:

(a) HKIAC's Administrative Expenses in the amount of HKD 45,000; and

(b) the Emergency Arbitrator’s fees and expenses in the amount of HKD 205,000.

Pursuant to paragraph 6 of Schedule 4 of the Rules, HKIAC may increase the Emergency Arbitrator's fees or HKIAC's administrative expenses taking into account the circumstances set out therein.

Method of Payment

Payment of all fees, save for the arbitral tribunal’s fees, may be made by Hong Kong Dollar cheque payable to “Hong Kong International Arbitration Centre” or by bank transfer to the following account:

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

Payment of the arbitral tribunal's fees may be made by Hong Kong Dollar cheque payable to “Hong Kong International Arbitration Centre” or by bank transfer to the following account:

Account No:         567-190897-002

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

Administered Arbitration Fees

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