Arbitration Rules

The Applicable Rules of the Arbitration Proceeding at the Riga International Commercial Arbitration Court are determined by the agreement of the parties, the Arbitration Rules, the ”Regulations on the Arbitration Organization” and the “Regulations on Expenses Related to the Dispute Resolution”.

Payment Details

European lawyers' chamber
Registration number 40008187130

Legal address: Vilandes street 1 1, Riga, LV-1010, Latvia


Bank: AS DNB Banka
SWIFT: RIKOLV2X
Bank account (EUR): LV48RIKO0002013243068

Calculator of Costs
The calculator of costs on our site can provide an approximate indication of expenses:
  • EUR
  • Amount of the Claim: 155 450
  • Number of arbitrators: 8
  • Fees of the Arbitral Tribunal: 5 450
  • Administrative charge: 10 000
  • Total: 15 450 EUR
The total sum without VAT.