When setting up an FZE/FZC of a so-called Freezone Entity/Company, the owner receives a visa for 3 years, the employees a visa for 2 years. The visa can be extended as often as desired if the company continues to operate. You actually pay 0% tax. However, the company licence must be renewed annually. Depending on the free zone and the licence, costs of about €5,000 per year are incurred.