Costs
The costs payable to SGOA comprise a number of components. Both parties involved in a case are liable for administration charges (there is one exception – see the rules of procedure for arbitration).
The administrative charges depend on the financial interest – the sum of money involved in the case. In case of arbitration the claimant pays administrative charges upon commencement of the arbitral proceedings; these charges depend on the sum of money involved. In case of mediation, both parties pay administrative charges. The respondent in an arbitration procedure also pays administrative charges if they bring an action themselves as well. Furthermore, the fees for the lawyers and/or ICT experts who handle the case are charged on an hourly basis. The time the lawyers and/or ICT experts expect to spend on the case is invoiced as an advance payment. Ultimately, the actual time spent will be charged. When a case ends and a positive balance remains, this balance is refunded to the parties in line with the settlement, decision or settlement agreement, for example.
All of SGOA’s services are subject to VAT. Cases will only be dealt with once the charges and advance payment due have been paid. The costs of a party’s own lawyer or other experts will have to be borne by the individual party in question unless the parties have agreed otherwise or other arrangements are made in a ruling. More information about the costs can be found in the rules of procedure.
Fees as from 1 January 2016
The fee of expert. The hourly fee depends on the financial interest of the case and amounts to:
|
Cases having an interest of
|
Hourly fee
|
|---|---|
|
Van 50.000 euro minder
|
€ 210
|
|
Tussen 50.001 - 200.000 euro
|
€ 220
|
|
Tussen de 200.001 - 500.000 euro
|
€ 250
|
|
Van 500.001 - 5.000.000 euro
|
€ 275
|
|
Van 5.000.001 - 30.000.000 euro
|
€ 300
|
|
Van 30.000.001 - 50.000.000 euro
|
€ 325
|
|
Meer dan 50.000.000 euro
|
€ 350
|
The applicable administrative charges depends on the financial interest of the case and they can be calculated with the help of the table below.
Administrative charges
|
Financial interest of
|
To
|
basic fee (a)
|
(b) plus % on the surplus
|
|---|---|---|---|
|
€ 0
|
€ 10.000
|
€ 800
|
|
|
€ 10.001
|
€ 50.000
|
€ 1000
|
1 %
|
|
€ 50.001
|
€ 1.000.000
|
€ 1.400
|
0,60%
|
|
€ 1.000.001
|
€ 2.500.000
|
€ 7.100
|
0,40%
|
|
€ 2.500.001
|
€ 5.000.000
|
€ 13.100
|
0,05%
|
|
€ 5.000.001
|
€ 7.500.000
|
€ 14.350
|
0,03%
|
|
€ >7.500.000
|
|
€ 15.100
|
|
The administrative charges depend on the scope and amount to a minimum of 800 euros for a financial interest of a maximum of 10,000 euros. The maximum amounts to 15,100 euros and is reached for a financial interest amounting to 7,500,000 euros. The amount is calculated as follows:
Administrative charges Mediation
The applicable administrative charges depends on the financial interest of the case and they can be calculated with the help of the table below.
|
Financial interest of
|
To
|
basic fee (a)
|
(b) plus % on the surplus
|
|---|---|---|---|
|
€ 0
|
€ 10.000
|
€ 1000
|
|
|
€ 10.001
|
€ 50.000
|
€ 1250
|
1,25 %
|
|
€ 50.001
|
€ 1.000.000
|
€ 1.750
|
0,75%
|
|
€ 1.000.001
|
€ 2.500.000
|
€ 8.875
|
0,50%
|
|
€ 2.500.001
|
€ 5.000.000
|
€ 16.375
|
0,06%
|
|
€ 5.000.001
|
€ 7.500.000
|
€ 17.938
|
0,04%
|
|
€ >7.500.000
|
|
€ 18.875
|
|
An advance for disbursements will be payable by parties to cover, amongst other things, the costs for the meeting(s), including venue, travel and accommodation expenses, and any depositing fees. Final settlement will take place on the basis of costs actually incurred.
All amounts are exclusive of VAT.
For the other SGOA procedures the other appendixes are applicable.
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