Corporate Service Providers (CSP) Act and the Shift Toward Serviced Offices

Corporate Service Providers (CSP) Act and the Shift Toward Serviced Offices

The Corporate Service Providers (CSP) Act comes into effect on 9 June 2025, reshaping how businesses use address services across Singapore.

For professionals currently using hot desking plans in coworking spaces, especially those relying on virtual address services, this legislative update introduces critical changes.

What the CSP Act Covers

Under the CSP Act, only businesses registered with ACRA as CSPs will be allowed to provide corporate address services.

This applies whether services are offered in Singapore or overseas, and includes:

  • Registered office addresses under the Companies Act

  • Business addresses without a dedicated physical space

  • Correspondence addresses not tied to a physical presence

  • Virtual office services for clients not physically present

These are common offerings in many coworking setups, especially hot desk plans that bundle in address services.

But come 9 December 2025, those services will no longer be lawful unless provided by a registered CSP.

Why This Matters to Hot Desk Users

If you're running a business from a hot desk with a virtual address, there's now an added compliance layer to consider.

While the flexibility of hot desking remains attractive, address usage without a fixed physical workspace will soon require regulatory alignment.

For many professionals, this prompts a move toward serviced office arrangements or fixed desks, where a permanent, verifiable physical presence satisfies the CSP Act’s conditions.

Serviced Offices: Compliance and Continuity

At CoWorkSpace, we recognise the nuances of regulatory compliance.

As operators who come from the finance and external asset management industry, we understand that an address isn’t just a formality—it’s a foundation for credibility and continuity.

What We Offer at CoWorkSpace

We continue to offer:

  • Serviced office suites with secure, exclusive access

  • Dedicated desks with a fixed workspace and mail handling

  • Support for compliance with the CSP Act through physical presence

These solutions provide more than just a place to work—they offer peace of mind that your business address arrangement will remain compliant after the transition period ends.

Transition with Ease

If your current coworking provider does not plan to register as a CSP, or is unable to offer a compliant alternative, we welcome you to consider CoWorkSpace.

We still have availability in our serviced offices and fixed desks, tailored for professionals who value both structure and flexibility.

Make the Move Before the Deadline

The CSP Act may be closing the door on virtual-only setups, but it opens the path toward more secure, reliable arrangements.

If you’re reviewing your business address strategy, now is the time to act.

Talk to us today about transitioning to a serviced office or fixed desk that’s ready for the future.