Dispute resolution at the IAC at BelCCI is subject to an arbitration fee, not a state duty. The fee is set in euros and depends on the claim amount, which must be converted into euros for calculation.
The Amount of the Arbitration Fee
For foreign trade disputes, the minimum arbitration fee is €700 for claims up to €5,000. For non-monetary claims, the IAC Chairman sets the fee, not less than €700. If the case is heard by a sole arbitrator, the fee is reduced by 30%. VAT, as per Belarusian law, is added to the arbitration fee. Upon a justified request, the IAC Chairman may allow the proceedings to start after payment of at least 50% of the fee, with the balance due before the first hearing. The arbitration fee is non-refundable if the claimant withdraws or reduces the claim.
Registration Fee and Costs of the Case
When submitting a claim, a registration fee is paid, counted towards the arbitration fee. Case expenses include arbitrators’ travel, expert fees, and other related costs.