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Russia-Singapore arbitration
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http://rsa.sg/
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Contacts

Address: 8a Admiralty street #04-37, Singapore

 

ONLINE Front desk

Here you can submit your claim and supporting documents online.
– Public affairs and media office
– Human resources department


ADVANTAGES OF OUR ARBITRATION

  • Fast processing of claims

    A claim is processed on the 10th working day from the date of its filing. By law, the decision of the Arbitration Court comes into legal effect immediately and is not subject to appeal (anywhere else).
  • State support in the enforcement of decisions

    The state enforcement order is issued for the Court decisions in 30-50 days (against financial guarantees of the Court).
  • Real debt collection

    The court provides free-of-charge assistance in processing and filing executive documents to the debtor's bank or the bailiff service, with further monitoring of their execution until the return of debts. Organizing the work of collectors.
  • Qualified and independent judges

    Requirements to the judges - higher legal education and 5 years of work experience in a particular industry.
    A judge is chosen by the parties of the Presidium, ensuring the independence of the process. Personal data of judges is completely closed.
  • Assistance in preparation for court

    Prior to filing a lawsuit the court provides free advice on procedural matters.
  • Regional availability

    The Court reviews the claims to regional and foreign Defendants in Moscow or via Skype.
  • Financial cost-effectiveness

    A single court deals with claims both to legal entities and natural persons. 10 times lower expenses than with a state court.

How to calculate arbitration fees

Enter the sum of your claim

(Enter the claim sum in the format 3000000, without commas, dots, or spaces – then press Enter)
 

4. The arbitration fee amount is calculated based on the value of the claim, using the following scale:

Value of the Claim Arbitration Fee
Up to 45 000 SGD 5 % of the claim value, but minimum 600 SGD
From 45 000 SGD to 450 000 SGD 1 % of the claim value
From 450 000 SGD to 1 400 000 SGD 0.5 % of the claim value
From 1400 000 SGD to 3000 000 SGD 0.2 % of the claim value
Above 3 000 000 SGD 0.18 % of the claim value

 

For comparison: Arbitrtion fee in the Singapore International Arbitration Centre

 

Please note: "Arbitration fees are refundable in cases where a State Court refused to issue a Writ of Execution, due to faults by the arbitration court (if obtaining such was the responsibility of the Russia-Singapore Arbitration by power of attorney)”. If the parties resolve to collect the Writ of Execution themselves, the above-mentioned service does not apply”

Delayed payment of the arbitration fee   can be granted for periods of no more than 9 months and only if a bank guarantee or accreditation is issued for this period.

Payment by bank card


Article 84. The value of the claim.

The value of the claim is calculated:
1) in claims for the recovery of funds, based on the sum which is claimed;
2) in claims for closure, alteration, termination of contracts, assessment of contracts as invalid, uncommenced, based on the costs of the items covered under the contract.
3) for claims for the allocation of rights to property (real estate) or movable property, for foreclosure claims on property, for the recovery of property or land, are based on the value of the property concerned.
The value of the claim similarly includes the sums included in the claim documentation relating to penalties and fees, court costs, and interests.


The full text of the Regulations of the Russia-Singapore Arbitration can be found at this link: "Court Documents:"
  • Contract to pass the duty of arbitration fees to a Third Party (doc)
  • Contract to make the arbitration fee payment through an accreditation (doc)