This terms & conditions was last modified on March 5, 2018.
Shams Customer Servicing LLC maintains the shamsfz.ae Website. The following are the terms of use that govern use of the Site (“Terms of Use”). By using the Site, you expressly agree to be bound by these Terms of Use and the shamsfz.ae privacy policy and to follow these Terms of Use and all applicable laws and regulations governing use of the Site. Sharjah Media City (Shams) reserves the right to change these Terms of Use at any time, effective immediately upon posting on the Site. Please check this page of the Site periodically. We will note when there are updates to the Terms of Use at the bottom of the Terms of Use. If you violate these Terms of Use, Sharjah Media City (Shams) may terminate your use of the Site, bar you from future use of the Site, and/or take appropriate legal action against you.
You are granted a limited, non-exclusive, revocable and non-transferable license to utilize and access the Site pursuant to the requirements and restrictions of these Terms of Use. Sharjah Media City (Shams) may change, suspend, or discontinue any aspect of the Site at any time. Sharjah Media City (Shams) may also, without notice or liability, impose limits on certain features and services or restrict your access to all or portions of the Site. You shall have no rights to the proprietary software and related documentation if any, provided to you in order to access the Site. Except as provided in the Terms of Use, you shall have no right to directly or indirectly, own, use, loan, sell, rent, lease, license, sublicense, assign, copy, translate, modify, adapt, improve, or create any new or derivative works from, or display, distribute, perform, or in any way exploit the Site, or any of its contents (including software) in whole or in part.
Security Deposit for Visa Cancellation of the Last Shareholder/Partner/Investor
Where the final remaining shareholder, partner, or investor of a company holding a SHAMS residence visa applies for visa cancellation, the applicant shall be required to pay a security deposit of AED 2,100 (Two Thousand One Hundred Dirhams) prior to the submission of the cancellation request.
This deposit shall serve as financial security to cover any fines, penalties, or obligations that may arise if the company license remains active after the cancellation of the last visa. SHAMS shall be entitled to apply the deposit, in full or in part, towards the settlement of such liabilities, should they occur.
In circumstances where the client elects to proceed with the cancellation of the company license, the security deposit shall be offset against the license cancellation fee.
Headings & section titles in this Agreement are for convenience and do not define, limit, or extend any provision of this Agreement.
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