ICC (2021)—fees, advances and costs

The following Arbitration practice note 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
  • ICC payment details
  • Filing fee for commencing ICC arbitration
  • Provisional advance on costs
  • When is the provisional advance paid?
  • 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, which is unlikely).

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

Costs under the arbitration and alternative resolution dispute (ADR) rules of the ICC and the ICC Rules are notoriously 'front loaded'. It is, therefore, important to understand the ICC's requirements for costs to be paid, when they are likely to be requested and what those costs cover prior to commencing the arbitration and to advise your client accordingly.

ICC, art 38 provides

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