Arbitration – Fees
Efficient arbitration fees are fixed based on the amount in dispute. It is more affordable and cost-effective than traditional arbitration and litigation. The winning party can receive a full refund after the award has been rendered. Parties shall pay the arbitration fees, which includes arbitrators’ fees and administrative fees charged by the approved arbitration service provider, to the arbitration service provider approved by Hong Kong Arbitration Society (of which Hong Kong Arbitration Society shall have the sole discretion) as follows
| For an amount in dispute (HK$) | Fees #1 (HK$) |
| At or below $80,000 | $9,000 #2 |
| At or between $8,001 and $250,000 | $25,000 #2 |
| At or between $250,001 and $500,000 | $50,000 |
| At or between $500,001 and $1,000,000 | $80,000 |
| At or between $1,000,001 and $5,000,000 | $120,000 |
| At or between $5,000,001 and $20,000,000 | $240,000 |
| Over $20,000,000 | $480,000 |
Remarks
The arbitration fees shall be paid by the Parties to the Dispute pursuant to Article 28 of the HKAS Rules. In the event of any discrepancy or inconsistency, the HKAS Rules shall prevail.
For an amount in dispute at or under HK$250,000, unless otherwise agreed by the Parties or Hong Kong Arbitration Society, the Arbitration is by “documents-only”, no hearing will be held.
