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Arbitration Costs and Calculator
CRCICA Cost Calculator
Parties can easily determine how much a claim is going to cost them by using the CRCICA Cost Calculator, ensuring the transparency of the fee structure and foreseeability of the costs.
This calculator enables prospective parties to CRCICA arbitrations to apply Tables (1), (2) and (3) annexed to CRCICA Arbitration Rules in force as from 1 March 2011, which apply to arbitration proceedings that have commenced after this date. After inserting the sum in dispute in US $ and indicating the number of arbitrators, the calculator will provide an indicative estimation of the administrative and arbitrators’ fees, to be deposited by the parties in equal shares before the commencement of the arbitral proceedings. The estimation is exclusive of the fixed registration fee amounting to US $ 500 to be paid by the claimant upon filing the notice of arbitration and the respondent upon filing a counterclaim. It is also exclusive of any expenses, which shall be determined according to the Rules. The estimation of the total costs of the arbitration (excluding the registration fee and the expenses) is made based on the minimum arbitrators’ fees.
Arbitration Cost Calculator
Sum In Dispute in USD
Number of Arbitrators
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CRCICA Schedule of Costs - Annex to the Rules
Sum in Dispute in US Dollars | Administrative Fees in US Dollars |
---|---|
Up to 50000 | 750 |
From 50001 to 100000 | 750 + 0.5% of the amount over 50000 |
From 100001 to 200000 | 1000 + 0.5% of the amount over 100000 |
From 200001 to 500000 | 1500 + 0.167% of the amount over 200000 |
From 500001 to 750000 | 2000 + 0.8% of the amount over 500000 |
From 750001 to 1000000 | 4000 + 0.4% of the amount over 750000 |
From 1000001 to 2000000 | 5000 + 0.2% of the amount over 1000000 |
From 2000001 to 3000000 | 7000 + 0.2% of the amount over 2000000 |
From 3000001 to 4000000 | 9000 + 0.2% of the amount over 3000000 |
From 4000001 to 5000000 | 11000 + 0.2% of the amount over 4000000 |
From 5000001 to 6000000 | 13000 + 0.2% of the amount over 5000000 |
From 6000001 to 7000000 | 15000 + 0.2% of the amount over 6000000 |
From 7000001 to 8000000 | 17000 + 0.2% of the amount over 7000000 |
From 8000001 to 9000000 | 19000 + 0.2% of the amount over 8000000 |
From 9000001 to 10000000 | 21000 + 0.2% of the amount over 9000000 |
From 10000001 to 30000000 | 23000 + 0.01% of the amount over 10000000 |
From 30000001 to 50000000 | 25000 + 0.025% of the amount over 30000000 |
From 50000001 to 80000000 | 30000 + 0.0167% of the amount over 50000000 |
From 80000001 to 100000000 | 35000 + 0.075% of the amount over 80000000 |
Over 100000000 | 50000 |
Sum in Dispute in US Dollars | Fees of the Arbitrator in US Dollars |
---|---|
Up to 50000 | 1000 |
From 50001 to 100000 | 1500 |
From 100001 to 200000 | 2000 |
From 200001 to 500000 | 4000 |
From 500001 to 750000 | 6000 |
From 750001 to 1000000 | 8000 |
From 1000001 to 2000000 | 10000 |
From 1500001 to 2000000 | 12000 |
From 2000001 to 2 500000 | 14000 |
From 2500001 to 3000000 | 16000 |
Sum in Dispute in US Dollars | Minimum fees of the Arbitrator in US Dollars | Maximum fees of the Arbitrator in US Dollars |
---|---|---|
From 3000001 to 5000000 | 17615 + 0.263% of the amount over 3000000 | 80627 + 0.975% of the amount over 3000000 |
From 5000001 to 10000000 | 22875 + 0.090% of the amount over 5000000 | 100127 + 0.638% of the amount over 5000000 |
From 10000001 to 30000000 | 27375 + 0.045% of the amount over 10000000 | 132027 + 0.169% of the amount over 10000000 |
From 30000001 to 50000000 | 36375 + 0.042% of the amount over 30000000 | 165827 + 0.161% of the amount over 30000000 |
From 50000001 to 80000000 | 44775 + 0.023% of the amount over 50000000 | 198027 + 0.114% of the amount over 50000000 |
From 80000001 to 100000000 | 51675 + 0.015% of the amount over 80000000 | 232227 + 0.084% of the amount over 80000000 |
Over 100000000 | 54675 + 0.0075% of the amount over 100000000 | 249027 + 0.042% of the amount over 100000000 |
CRCICA Arbitration Costs
CRCICA’s services are cost effective, with a high quality to price ratio. The costs of arbitration in CRCICA, which include the centre’s administrative fees and the arbitrators’ fees, are reasonable and cost effective. It is worth mentioning that CRCICA is ranked between second and fourth in terms of cost efficiency among 10 major international arbitration institutions. According to a GAR report titled ‘Arbitration costs compared’ published on 25 January 2018 and later updated in 23 April 2021.
CRCICA ranks as the cheapest institution in case of one arbitrator and among the top three cheapest in case of three arbitrators in cases whose amount of dispute is US$1 million. For cases worth US$500,000, CRCICA is the cheapest institution irrespective of the size of the tribunal. For disputes worth US$5 million, CRCICA sits at the middle of the table for three-member tribunals. For disputes worth US$10 million, CRCICA costs continue increasing in comparison to its position in disputes of lesser amounts. For the US$100 million disputes, CRCICA nearly occupies the middle ground for three-member tribunals. The curve then retreats with CRCICA featuring among the most affordable for sole arbitrator disputes worth US$500 million. For sums in dispute exceeding US$3 million the arbitrators’ fees are determined based on Table 3 annexed to the CRCICA Rules and comprise a minimum and a maximum scale of fees. Such spectrum fits different profiles of arbitrators and suits the users’ needs. It is worth mentioning that hearings rooms are included in the administrative fees.
Regarding the value of disputes administered by the Centre, while up to half the cases in a given year will have a sum in dispute not exceeding USD 1 million, the Centre has administered several multi-billion USD cases. By way of example, in 2015 the total sums in dispute in a gas supply case administered by CRCICA has reached USD 6,435,713,084 representing as such a new record for the aggregate sums in dispute.
Further, CRCICA has witnessed an increase in the number of cases with higher sums in disputes. For example, CRCICA recorded a 153% relative increase in the number of disputes with a sum in dispute exceeding USD 50 million between 2017 and 2021.
Method of Payment of Costs of CRCICA Arbitration Case
The costs of the arbitration in a CRCICA case shall be paid in US dollars.
The costs of the arbitration:
- can be paid by a certified cheque to CRCICA’s Financial Department and submit a receipt of payment to CRCICA’s Case Management Department OR
- can be either deposited or made by direct bank transfer in CRCICA’s bank account at:
The Cairo Regional Centre for International Commercial Arbitration
Account No. : US$ 62-20310212424-73
SWIFT CODE: QNBAEGCX
QNB ALAHLI Bank, Al Kamel Mohamed Branch, Zamalek, Cairo. - In case of bank deposit or direct bank transfer in the above CRCICA bank account, please send to CRCICA the proof of payment to CRCICA’s Case Management Department.
- In case of direct bank transfer, please make sure that the bank transfer expenses are not deducted from the total transferred amount and we will much appreciate providing CRCICA with a copy of the bank transfer order to check with our Bank and confirm receiving to you later.
In its capacity as an international organization working in Egypt CRCICA is exempted from all direct taxes by virtue of the Egyptian Presidential Decree No. 399/1987.