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HMRC internal manual

Money Laundering Regulations: Compliance

From
HM Revenue & Customs
Updated
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Trust or Company Service Providers (TCSPS): What is a "Virtual Office" package?

Virtual Office packages are a range of services that are usually offered by companies that operate from prestige buildings in prime city centre locations. In addition to providing a registered office and mail receiving facility to clients these businesses also offer telephone/receptionist services, mail forwarding, meeting and conference room hire, secretarial services and the use of office suites with internet and telephony services. The attraction for clients is that they are spared the high capital costs of setting up their own office and employing their own staff.