A frequently asked question is, how much does it cost to become ICANN accredited.
Here is a quick summary of the fees payable to ICANN:
One time fees
- $3,500 non-refundable application fee
Ongoing fees
- $4,000 annual fee
- variable quarterly fee ($800-$1,200) – amount depends on ICANN budget and amount of domains under management
- $0.18 fee per domain name year, invoiced quarterly
Other financial considerations:
Must show liability insurance in the amount of at least $500,000 USD(no longer a requirement)- Must show proof of $70,000 in working capital
- Technical systems to operate the registrar will have to be provided ($)
- Consulting may be needed to become ICANN accredited ($)
- Fees payable to registries (deposits)