About the product
HK$50,000 for claim of HK$500,000 or less
HK$80,000 for claim between HK$500,000 and HK$1,000,000
HK$120,000 for claim over HK$1,000,000
[Payment Terms]
● Each party has to pay in advance 50% of the arbitration fee and an additional arbitration fee as a deposit
● Claims and counterclaims are aggregated to determine the amount in dispute
● An interest claim shall not be taken into account in the calculation of the amount in dispute. However, when the interest claim exceeds the amount claimed in principal, the interest claim alone shall be considered in calculating the amount in dispute.
● The total arbitration fee will be fully refunded to the successful party within 14 days upon the Arbitral Award being made.
● The total arbitration fee will be borne by the losing party.
HK$80,000 for claim between HK$500,000 and HK$1,000,000
HK$120,000 for claim over HK$1,000,000
[Payment Terms]
● Each party has to pay in advance 50% of the arbitration fee and an additional arbitration fee as a deposit
● Claims and counterclaims are aggregated to determine the amount in dispute
● An interest claim shall not be taken into account in the calculation of the amount in dispute. However, when the interest claim exceeds the amount claimed in principal, the interest claim alone shall be considered in calculating the amount in dispute.
● The total arbitration fee will be fully refunded to the successful party within 14 days upon the Arbitral Award being made.
● The total arbitration fee will be borne by the losing party.
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