Arbitration expenses

The arbitration expenses are shown without value added tax (VAT)

The charge of the legal procedure of The Latvian Arbitration Court*

(if the arbitration court settles the dispute by one arbitrator)

Sum in dispute

Administrative expenses

up to 1 423 €

214 €
 

from 1 424 €

285 € and
2,5% of the sum in dispute which exceeds 1 423 €

from 7 116 €

356 € and
1,6% of the sum in dispute which exceeds 7 115 €

from 28 460 €

712 € and
1% of the sum in dispute which exceeds 28 459 €

from 142 290 €

1 836 € and
0,3% of the sum in dispute which exceeds 142 289 €

from 711 442 €

3 543 € and
0,2% of the sum in dispute which exceeds 711 441 €

from 1 422 882 €

4 511 € and
0,1% of the sum in dispute which
exceeds 1 422 881 €

Intangible claims

356 €
 

The Latvian Arbitration Court's arbitrator's fee*

for the consideration of the case in the Latvian arbitration court

Sum in dispute

Administrative expenses

up to 1 423 €

171 €

from 1 424 €

214 €

from 7 116 €

356 €

from 28 460 €

641 €

from 142 290 €

997 €

from 711 442 €

1 423 €

from 1 422 822 €

2 125 €

Intangible claims

356 €


* Special Conditions

  1. If several claimants and (or) several defendants participate in the process, administrative expenses increase by 10% for each extra claimant or defendant.
  2. If the arbitration court resolves the dispute by three or five arbitrators administrative expenses increase by 50% or 100%, respectively.
  3. The party that wishes that the meeting of the arbitration court should be recorded shall pay to the arbitration court the reimbursement for the services of a secretary in amount of 143 €. If the duration of the meeting of the arbitration court exceeds three hours, the reimbursement for the services of a secretary is 50 € per hour.
  4. The reimbursement for the services of an interpreter shall be determined on the basis of the cost estimate presented by a sworn interpreter, an interpreter or a translation office.
  5. The reimbursement for the services of an expert shall be determined on the basis of the cost estimate presented by an expert, an expert office or any other institution which executed the examination.
  6. The amount of the travelling and residence expenses of the arbitrator shall be determined on the basis of the calculation issued by the arbitrator and its approving documents.
  7. The reimbursement for the copying services is 1,42 € per one A4 page.

The arbitration expenses shall be payable to

Name: Society "Skirejtiesas procesa atbalsta biedriba"

Reg. No.: 40008237821

Bank name: AS «AS Luminor Bank»

Acc. No.: LV47RIKO0002930213574

SWIFT code: RIKOLV2X