• back
  • 7.10.5-ARBITRATION-TECHNICAL: COSTS AND FEES

  • THE-COFFEE-GUIDE.gif 
  • Technical: Costs and fees

     
     

    Fees are linked to the value of the dispute: up to 10,000.oo euro the fee is 1,000 euro. Then an additional 10% for the next € 5,000; 9% for the next € 10,000; 8% for the next € 15,000; 7% for the next € 25,000; 6% for the next € 35,000; 5% for the next € 200,000; 4% for the next € 700,000; and 2% for the next € 1,000,000. For disputed sums over € 2,000,000 the additional fee is 0.5% of the amount in excess of € 2,000,000. If the arbitration panel consists of five members the fee shall increase by 20% for each, i.e. 40% plus value-added tax.

    In addition to the above the Hamburg Chamber of Commerce shall charge a flat-rate sum in the amount of 15% of these fees with a maximum of € 20,000.