Annex Nr. 2 to the Rules of Riga Arbitration Court
* if legal proceedings take place according to the Latvian Republic laws
| Arbitrator’s fee In case the dispute is resolved by | ||||
|---|---|---|---|---|
| Amount of claim | Legal expenses | 1 arbitrator | 3 arbitrators | |
| --- | --- | --- | --- | --- |
| Up to 1500 EUR | 11% from the sum, but not less than 100 EUR | 150 EUR | 100 EUR | |
| From 1501 EUR to 7000 EUR | 250 EUR+ | 5% from the sum exceeding 1500 EUR | 250 EUR | 200 EUR |
| From 7001 EUR to 15 000 EUR | 400 EUR+ | 3.3% from the sum exceeding 7000 EUR | 400 EUR | 300 EUR |
| From 15 001 EUR to 30 000 EUR | 450 EUR+ | 3.5% from the sum exceeding 15 000 EUR | 600 EUR | 400 EUR |
| From 30 001 EUR to 150 000 EUR | 750 EUR+ | 2% from the sum exceeding 30 000 EUR | 700 EUR | 500 EUR |
| From 150 001 EUR to 700 000 EUR | 1700 EUR+ | 1.5% from the sum exceeding 150 000 EUR | 1100 EUR | 900 EUR |
| From 700 001 EUR to 1 400 000 EUR | 4000 EUR+ | 1% from the sum exceeding 700 000 EUR | 1600 EUR | 1200 EUR |
| From 1 400 001 EUR to 5 000 000 EUR | 5000 EUR+ | 0.5% from the sum exceeding 1 400 000 EUR | 3000 EUR | 2000 EUR |
| Above 5 000 001 EUR | 7000 EUR+ | 0.3% from the sum exceeding 5 000 000 EUR | 3500 EUR | 3500 EUR |
| Immaterial claims | 350 EUR+ | 100 EUR per each claim (except single claim | 350 EUR + 100 EUR per each claim (except single claim) | 250 EUR + 70 EUR per each claim (except single claim) |
- A party who wishes the arbitration hearing to be recorded in writing must pay to the arbitration court a secretarial fee of EUR 500 for each day of the hearing, regardless of the number of hours worked.
- A party who wishes the arbitration hearing to be recorded only by technical equipment (sound recording) must pay to the arbitration court a secretarial fee of EUR 150 for each day of the hearing, regardless of the number of hours worked.
- Remuneration for the services of the interpreter is defined based on the estimate drawn by the interpreter, certified interpreter or interpretation services agency.
- Remuneration for the services of the expert is defined based on the estimate drawn by the expert, expert bureau or other institution performing the expertise.
- Travel and accommodation expenses of the arbitrator are defined based on the calculation and proving documents submitted by the arbitrator.
- Office duty is charged for copying documents and materials of the case in the amount of 1 EUR per one sheet; scan - 0,5 EUR per one sheet.
- For sending of notification about receipt of the claim to each additional party except any of the plaintiff’s or defendant’sparties and/or to each additional address(the second, the third, etc) and/orrepeatedly are levied with additional сlerical expenses in the amount of 30 EUR per each additional party, additional address or request of repeated sending of notification.
- Each party willing to use video conference during the sitting of the Arbitration Court has to pay to the Arbitration Court remuneration in the amount of 200 EUR for arranging the services of the video conference. If the number of the Arbitration Court sittings exceeds 2 (two), each party has to effect extra payment in the amount of at least 200 EUR.
9) If the arbitration proceedings are conducted in a foreign language and the award is prepared in a language other than Latvian, a coefficient of 1.5 or plus 50% of the fee shall be applied to the arbitrator’s fee. - If the arbitration is conducted in order to confirm a settlement agreement concluded outside of arbitration, in accordance with Chapter VII of the Rules, a 50% discount shall apply to the legal expenses.
- Expenses of the proceeding are specified without Value Added Tax (VAT).
Arbitration expenses are to be paid to:
Biedrība «Rīgas šķīrējtiesas dibinātājs»
Reģ.Nr. 40008023425
Vecpilsētas iela 19, Rīga, LV-1050
Banka: AS SWEDBANK SWIFT: HABALV22
Konts: LV25HABA0551036305891
Annex Nr. 3 to the Rules of Riga Arbitration Court
* if legal proceedings take place according to other laws than of the Latvian Republic
| Arbitrator’s fee In case the dispute is resolved by | ||||
|---|---|---|---|---|
| Amount of claim | Legal expenses | 1 arbitrator | 3 arbitrators | |
| Up to 1500 EUR | 10% from the sum, but not less than 250 EUR | 500 EUR | 500 EUR | |
| From 1501 EUR to 7000 EUR | 400 EUR+ | 4% from the sum exceeding 1500 EUR | 1000 EUR | 1000 EUR |
| From 7001 EUR to 30 000 EUR | 600 EUR+ | 3.2% from the sum exceeding 7000 EUR | 1500 EUR | 1500 EUR |
| From 30 001 EUR to 150 000 EUR | 1100 EUR+ | 1.6% from the sum exceeding 30 000 EUR | 3000 EUR | 3000 EUR |
| From 150 001 EUR to 700 000 EUR | 3000 EUR+ | 1% from the sum exceeding 150 000 EUR | 5000 EUR | 5000 EUR |
| From 700 001 EUR to 1 500 000 EUR | 7000 EUR+ | 0.6 % from the sum exceeding 700 000 EUR | 7500 EUR | 7500 EUR |
| Above 1 500 001 EUR | 9000 EUR+ | 0.1% from the sum exceeding 1 500 000 EUR | 10000 EUR | 10000 EUR |
| Immaterial claims | 750 EUR+ | 150 EUR per each claim (except single claim) | 750 EUR + 150 EUR per each claim (except single claim) | 750 EUR + 150 EUR per each claim (except single claim) |
- A party who wishes the arbitration hearing to be recorded in writing must pay to the arbitration court a secretarial fee of EUR 500 for each day of the hearing, regardless of the number of hours worked.
- A party who wishes the arbitration hearing to be recorded only by technical equipment (sound recording) must pay to the arbitration court a secretarial fee of EUR 150 for each day of the hearing, regardless of the number of hours worked.
- Remuneration for the services of the interpreter is defined based on the estimate drawn by the interpreter, certified interpreter or interpretation services agency.
- Remuneration for the services of the expert is defined based on the estimate drawn by the expert, expert bureau or other institution performing the expertise.
- Travel and accommodation expenses of the arbitrator are defined based on the calculation and proving documents submitted by the arbitrator.
- Office duty is charged for copying documents and materials of the case in the amount of 1 EUR per one sheet; scan - 0,5 EUR per one sheet.
- For sending of notification about receipt of the claim to each additional party except any of the plaintiff’s or defendant’s parties and/or to each additional address(the second, the third, etc) and/or repeatedly are levied with additional сlerical expenses in the amount of 60 EUR per each additional party, additional address or request of repeated sending of notification.
- Each party willing to use video conference during the sitting of the Arbitration Court has to pay to the Arbitration Court remuneration in the amount of 200 EUR for arranging the services of the video conference. If the number of the Arbitration Court sittings exceeds 2 (two), each party has to effect extra payment in the amount of at least 200 EUR.
- If the arbitration is conducted in order to confirm a settlement agreement concluded outside of arbitration, in accordance with Chapter VII of the Rules, a 50% discount shall apply to the legal expenses.
- Expenses of the proceeding are specified without Value Added Tax (VAT).
Arbitration expenses are to be paid to:
Biedrība «Rīgas šķīrējtiesas dibinātājs»
Reģ.Nr. 40008023425
Vecpilsētas iela 19, Rīga, LV-1050
Banka: AS SWEDBANK SWIFT: HABALV22
Konts: LV25HABA0551036305891