The United Arab Emirates is rightfully recognized as a hub of business, innovative technology, and economic modernisation in the Middle East. One key factor strengthening this reputation is the existence and the growth of Free-Zone companies in UAE. These companies are set up inside the country's free zones, and they benefit from a wide range of incentives like tax exemptions, repatriation of capital & profits, and simplified registration processes.

Free-Zone companies in UAE enjoy significant benefits over those operating outside the zones. Primarily, unlike the generally applicable UAE law where foreign ownership can be limited to 49%, free zone companies allow 100% foreign ownership. This factor is crucial for many global investors, making the UAE an ideal business destination. The straightforward and speedy company setup, coupled with exemption from import and export taxes, serve as additional advantages.

In terms of providing sector-specific facilities, these Free-Zone companies in UAE are unparalleled. Notably, free zones such as Jebel Ali Free Zone (JAFZA) cater to trading and logistics companies, while Dubai Internet City caters to businesses in the IT sector. Consequently, each zone comes with a unique set of facilities, infrastructure, and benefits tailored for pertinent industries.

In conclusion, for those keen to start or expand a business, the incentives that Free-Zone companies in UAE offer are too advantageous to ignore. The UAE government's supportive strategies towards these zones, sector-specificity, and a competitive edge in international business creates an opportunity that global entrepreneurs are capitalising on. The growth of the UAE's economy shows that these business-friendly measures have fulfilled their intended purpose, contributing significantly to the UAE's status as a global business hub.