VOfficeSingapore.com leads the industry in adapting to new CSP regulations, helping virtual office clients stay compliant through automation, transparency, and stable pricing.
-- Amendments to Singapore’s Corporate Service Providers Act, effective from 9 June 2025, will require all entities providing corporate services—including virtual office providers—to be registered with the Accounting and Corporate Regulatory Authority (ACRA) as Corporate Service Providers (CSPs).
Virtual office providers must complete CSP registration between 9 June and 9 December 2025. To better understand the impact of this regulatory shift, we spoke with Max, the Chief Representative of VOfficeSingapore.com, one of Singapore’s leading and most technologically advanced virtual office service providers.
“This new legislation formalises the virtual office industry and strengthens compliance at the very first step—company registration,” Max explains. “Introducing due diligence early in the process helps to prevent money laundering (ML), terrorism financing (TF), and proliferation financing (PF) at the source. It’s a positive move for Singapore’s regulatory and business environment.”
To help clients understand the upcoming changes, VOfficeSingapore.com launched a dedicated resource section called Helpful Bits (https://vofficesingapore.com/bits), which provides curated updates on compliance requirements and business regulations for SMEs in Singapore.
From Post-Approval to Pre-Approval: Operational Shifts
According to Max, the biggest operational change under the new Act is the shift from post-approval to pre-approval verification. In the past, clients could obtain a business address first and provide documents later. Under the new framework, virtual office providers must verify client details—including ownership structure and beneficial owners—before any services can be provided.
“This means more upfront work and tighter screening processes,” Max noted. “While we’ve invested in automation to streamline internal operations, some costs—such as access to commercial databases—are fixed and unavoidable.”
Will Prices Go Up?
“We’re committed to keeping prices locked for existing clients,” Max assures. “No increase upon renewal. For new customers, we’re investing in technology to keep onboarding efficient and costs low.”
VOffice Singapore says it remains committed to helping businesses navigate regulatory changes without compromising service quality or affordability.
About the company: VOfficeSingapore.com is one of Singapore’s most trusted virtual office providers, offering registered business addresses, mail handling, and business support services. Its digital-first platform and streamlined compliance processes have earned the trust of thousands of SMEs.
Contact Info:
Name: Lily Tan
Email: Send Email
Organization: Harbor Private Limited
Website: https://vofficesingapore.com
Release ID: 89160623
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