Belgrade Arbitration Center (BAC)
The Belgrade Arbitration Center (BAC) was established in 2013 as a permanent arbitral institution that administers domestic and foreign disputes, assists in technical and administrative aspects of ad hoc arbitral proceedings under UNCITRAL or other rules, organizes and conducts mediation sessions and provides for other services closely related to dispute settlement. The seat of the BAC is in Belgrade.
The Belgrade Arbitration Center is competent to settle both domestic and foreign disputes in accordance with the BAC Rules.
All disputes arising out of or in connection with the present contract shall be finally settled by arbitration organized in accordance with the Rules of the Belgrade Arbitration Center (Belgrade Rules).
Parties may consider adding the following:
- The number of arbitrators shall be (specify: one or three).
- The place of arbitration shall be (specify: town and State).
- The language to be used in the arbitral proceedings shall be (specify preferably only one language).
- The applicable substantive law shall be (specify the applicable law).