ICC (2021)—fees, advances and costs
Produced in partnership with Courtney Lotfi of Dentons

The following Arbitration practice note produced in partnership with Courtney Lotfi of Dentons provides comprehensive and up to date legal information covering:

  • ICC (2021)—fees, advances and costs
  • Arbitration costs under the ICC Rules
  • Arbitrator's fees
  • ICC administrative expenses
  • Tribunal-appointed expert's fees and expenses
  • Parties' costs
  • Payments made to the ICC
  • ICC payment details
  • Filing fee for commencing ICC arbitration
  • Provisional advance on costs
  • More...

ICC (2021)—fees, advances and costs

CORONAVIRUS (COVID-19): Many arbitral organisations have responded to the coronavirus pandemic with practical guidance and/or changes to their usual procedures and ways of working. For information on how this content and relevant arbitration proceedings may be impacted, see Practice Note: Arbitral organisations and coronavirus (COVID-19)—practical impact. For additional information, see: Coronavirus (COVID-19) and arbitration—overview.

This Practice Note considers fees, advances and costs under the 2021 International Chamber of Commerce (ICC) Rules of Arbitration (ICC Rules). The ICC Rules apply to any ICC arbitrations commenced on or after 1 January 2021, unless the parties expressly agree that an earlier version of the ICC Rules will apply (eg, in the arbitration clause).

For information on:

  1. the ICC’s costs as an appointing authority, see Practice Note: ICC as appointing authority

  2. the fees of key arbitral institutions, including the ICC, see Practice Note: Costs and fees of key arbitral institutions

  3. the 2017 and 2012 editions of the ICC Rules, see: ICC arbitration—overview

Arbitration costs under the ICC Rules

The costs of ICC arbitration include:

  1. the tribunal’s fees and expenses

  2. ICC administrative expenses, fixed by the ICC Court

  3. tribunal appointed experts' fees and expenses, and

  4. parties' reasonable legal and other costs (ICC, art 38)

Costs under the ICC Rules and alternative dispute resolution (ADR) rules of the ICC are notoriously 'front loaded'. It is, therefore, important to understand the various

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