HKIAC: Your Trusted Destination for Safeguarding Your Rights
The Hong Kong International Arbitration Centre (HKIAC) is a dispute resolution institution based in Hong Kong, which specialises in administering arbitrations, adjudications, domain name dispute resolutions, and mediations.
“Hong Kong International Arbitration Centre (HKIAC): Safeguarding Disputes with Expertise and Independence”
Established in 1985 by prominent business figures and professionals, HKIAC stands as a premier institution in Asia for administering arbitrations, adjudications, domain name dispute resolutions, and mediations. Renowned for its financial autonomy and absence of governmental influence, HKIAC has become a trusted destination for resolving disputes effectively.
While headquartered in Hong Kong, HKIAC extends its reach with representative offices in Seoul and Shanghai. Its international prominence is evident, with over 70% of cases being of international nature based on 2020 statistics.
For both domestic and institutional arbitrations, HKIAC provides tailored rules, ensuring procedural clarity and efficiency. Notably, its collaboration with the UNCITRAL Arbitration Rules offers parties flexibility without compromising on administered arbitration benefits.
The Interim Measures Arrangement, effective since October 1, 2019, enhances HKIAC’s appeal by enabling parties to seek interim measures from PRC courts in Hong Kong-seated arbitrations.
Choosing HKIAC for dispute resolution offers numerous advantages:
- Recognized as one of the top three preferred institutions globally.
- Boasts an international, multilingual, and experienced Secretariat.
- Decision-making bodies comprise international experts.
- Efficient appointment of neutral and qualified arbitrators.
- Flexible fee structures for arbitrators’ fees.
- Dedicated procedures for various case complexities.
- Premier hearing facilities in Hong Kong, Shanghai, and Seoul.
- Expertise in facilitating applications for interim measures to Mainland Chinese courts.
- Licensed to administer certain Russian-related disputes.
The preference for Hong Kong arbitration clauses among PRC companies underscores the region’s significance as the gateway to Mainland China. Foreign companies operating in the PRC also find Hong Kong arbitration more appealing, reversing the trend of seeking alternative venues.
HKIAC’s international recognition and its growing popularity affirm its status as a leading arbitration center in the Asia-Pacific region, dedicated to protecting the interests of parties with expertise and impartiality.