Arbitration Calculator
* All calculated amounts are rounded to two decimal places
Registration & Administration Fees
Registration FeeĀ
The Registration Fee payable by the claimant pursuant to Article 3.6 when a notice of arbitration is submitted shall be HK$5,000. If there is more than one claimant, the amount shall be shared equally amongst the claimants, unless the parties agree otherwise. If the claimant(s) fails to pay the Registration Fee, AALCO Hong Kong Regional Arbitration Centre shall not proceed with the arbitration. The Registration Fee shall not be refundable save in exceptional circumstances to be determined by AALCO Hong Kong Regional Arbitration Centre in its sole discretion.
Administrative Fee
AALCO Hong Kong Regional Arbitration Centreās Administrative Fee shall be determined according to the following table:
Amount in dispute (HKD) | AALCO-HKRACās Administrative Fee (HKD) |
---|---|
Up to 500,000 | 13,000 |
500,001 to 1,000,000 | 13,000 + 1% of & over 500,000 |
1,000,001 to 5,000,000 | 18,000 + 0.75% of & over 1,000,000 |
5,000,001 to 15,000,000 | 48,000 + 0.3% of & over 5,000,000 |
15,000,001 to 50,000,000 | 78,000 + 0.12% of & over 15,000,000 |
50,000,001 to 100,000,000 | 120,000 + 0.1% of & over 50,000,000 |
100,000,001 to 250,000,000 | 170,000 + 0.075% of & over 100,000,000 |
250,000,001 to 500,000,000 | 282,500 + 0.047% of & over 250,000,000 |
Over 500,000,000 | 400,000 (Fixed fee) |
Where in the opinion of AALCO Hong Kong Regional Arbitration Centre, there are exceptional circumstances, AALCO Hong Kong Regional Arbitration Centreās management may depart from the amount of charges above. If the amounts in dispute are not yet quantified, AALCO Hong Kong Regional Arbitration Centre shall fix the Administrative Fees after taking into account all the circumstances.
Arbitrators Fees
Schedule of Fees
The fees of the arbitral tribunal shall be fixed in accordance with the below table:
Sum In Dispute (HKD) | Arbitratorās Fees (HKD) |
---|---|
Up to 500,000 | 25,000 |
Over 500,001 | Based on an hourly rate commensurate with the experience of the appointed arbitrator which shall not exceed HKD 6,500 per hour save in exceptional circumstances |
Fee for filing a challenge to an Arbitrator
A party submitting a notice of challenge pursuant to Article 13.1 of the Rules shall pay a non-refundable fee of HKD 25,000. Where the notice of challenge is submitted by more than one party, the fee shall be paid by all the submitting parties in equal shares, unless the parties agree otherwise.