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Are there any ongoing fees once a gTLD is approved by ICANN?

April 26, 2017Approved fees gTLD ICANN ongoing

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Are there any ongoing fees once a gTLD is approved by ICANN?

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Yes. Once an application successfully passes all evaluation steps, the applicant must sign a Registry Agreement with ICANN. Under the agreement, there are two fees: a fixed fee of 6,250 USD per calendar quarter and a transaction fee of 0.20 USD on future domain registrations and renewals.