About Cylicon
Your Trusted Partner for Business Success in Cyprus
A Leader in Cyprus Business Formation
Cyprus Business Services is a leading provider of company registration and business support services in Cyprus. At Cylicon, we are revolutionizing the way businesses are established in Cyprus. Our platform offers a seamless and fully online process for company registration and a range of essential business services. We specialize in simplifying the bureaucratic hurdles, providing businesses with a transparent, efficient, and hassle-free way to register in Cyprus.
Our platform is built on transparency, integrity, and excellence. We are committed to ensuring our clients receive clear and honest pricing, straightforward processes, and exceptional service at every step. From company formation to tax services, immigration assistance, and more.
- Dedicated personal approach to every client
- Deep expertise in Cyprus business regulations
- Comprehensive end-to-end service offering
- Multilingual team supporting clients worldwide
- Outstanding track record of client satisfaction
CYLICON
ESTABLISHED 2017
30+
Companies Registered
5+
Countries Served
98%
Client Satisfaction
8+
Years of Experience
We are proudly affiliated with the Cyprus Chamber of Commerce, the Cyprus Investment Promotion Agency, and are certified service providers recognized by the Cyprus government.
Company Philosophy
Our Core Values
These principles are at the heart of everything we do, guiding our decisions and defining our approach to client service.
Transparency
No hidden fees or surprises. Our pricing is clear, and our processes are designed to keep you informed at every stage.
Professionalism
We collaborate with licensed experts and firms to ensure that every service we offer meets the highest standards of professionalism.
Efficiency
We understand the importance of time. Our platform streamlines complex processes, allowing you to focus on what matters most: growing your business.
Customer-Centric
Our platform is built with your needs in mind. We provide 24/7 support and a user-friendly experience, empowering you to take control of your business setup and growth.
Why Cyprus?
Cyprus is the third largest island in the Mediterranean, with an area of 9,251 km² and a population of approximately 854,800. The strategic location of the island has played an important role in establishing it as a business centre since antiquity and as a very popular tourist destination.
Cyprus has been a member state of the EU since 2004 and a member of the Eurozone since 2008. The combination of its unique location, robust business infrastructure, and wealth of investment opportunities make Cyprus an ideal business hub in the region.
Net profits of companies are subject to corporate tax at the rate of 12.5%, one of the lowest in Europe
Extensive network of double tax treaties with over 45 countries
No tax on profits from the sale of shares and financial instruments
No tax on capital gains arising from the sale of property abroad
Simple and fast procedure for registering a company (around 8 working days)
Dividend income is exempt from tax
Effective tax rate of 2.5% or less on royalty income
Modern banking system providing a secure business environment
A Leading International Business Center
Cyprus has become an attractive jurisdiction in which thousands of new companies are established every year, supported by highly skilled lawyers and accountants providing top-tier corporate services.
Our Approach
We are committed to excellence in service delivery through our proven methodology
Personalized Service
We take the time to understand your unique business needs and objectives, providing tailored solutions rather than one-size-fits-all packages.
Comprehensive Guidance
From initial consultation to ongoing support, we guide you through every step of establishing and maintaining your business in Cyprus.
Transparent Communication
We maintain clear, honest communication throughout our relationship, ensuring you're always informed about processes, requirements, and timelines.
ABOUT PARASKEVAS SAVVIDES
Paraskevas C. Savvides is an experienced advocate and legal consultant. With an L.L.B. Hons from the University of the West of England and an L.L.M. in Criminal Justice and Human Rights from the University of Cyprus, he is equipped to navigate complex legal challenges with a business-oriented approach.
Having worked with some of Cyprus most reputable law firms, he brings extensive experience in handling a broad range of legal matters, particularly in business transactions and corporate law. Paraskevas is committed to providing transparent, strategic legal advice and solutions that align with his clients business goals, ensuring efficient and secure transactions.
L.L.B. Hons - University of the West of England
L.L.M. in Criminal Justice and Human Rights - University of Cyprus

Paraskevas C. Savvides
Paraskevas C. Savvides

The inspiration to found Cylicon stemmed from the ongoing advancements in the Cyprus legal system, which is progressively embracing digital solutions. As the legal landscape evolves with electronic systems, I realized that lawyers and service providers must adapt and integrate these technologies to help clients and businesses move forward quickly and efficiently.
Our purpose is to simplify the business setup process in Cyprus by providing efficient, transparent, and professional services, empowering entrepreneurs and businesses to thrive in a dynamic legal and economic environment.

Paraskevas Savvides
Founder, Cylicon