Press release

1 Jul 2022 Tokyo, JP

EY to centralize bookkeeping, accounting and payroll outsourcing services, further enhancing and expanding its professional service offerings

We hereby announce that EY Business Partner Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Kenji Kasahara; hereinafter “EYBP”) will be the sole provider of the outsourcing services for bookkeeping, accounting and payroll which were previously provided by both EYBP and Ernst & Young Tax Co. as of 1 July 2022 and that these services will be immediately available to our clients.

Press contacts
EY Japan

Multidisciplinary professional services organization

Ernst & Young Tax Co.

Multidisciplinary professional services organization

We hereby announce that EY Business Partner Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Kenji Kasahara; hereinafter “EYBP”) will be the sole provider of the outsourcing services for bookkeeping, accounting and payroll which were previously provided by both EYBP and Ernst & Young Tax Co. (hereinafter “EYTAX”) as of 1 July 2022 and that these services will be immediately available to our clients. This transition will enable EY to enhance the quality of services provided to our clients.

Demand is growing every year for outsourcing services in bookkeeping, accounting and payroll operations as companies contend with rapidly changing business environments and shortages of personnel with specialized knowledge. While EY member firms EYBP and EYTAX have both provided these services previously, the outsourcing services for bookkeeping, accounting and payroll that were formerly conducted by EYTAX have been assumed by EYBP in order to better meet the diverse needs of our clients. This centralization of service offerings will foster synergy by enabling us to better leverage the integrated knowledge and expertise of both firms and to provide services to both foreign-affiliated and Japanese clients of all scales. In addition, EY member firms will continue to coordinate with each other to provide services beyond those mentioned above.

For more details regarding the integrated services, please click on the links below.

About EY

EY  |  Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

About Ernst & Young Business Partner Co., Ltd.

Ernst & Young Business Partner Co., Ltd. is an EY member firm in Japan. We are building a better working world by providing a wide breadth of tax and accounting support services, including accounting and payroll outsourcing services, dispatch services for tax, accounting, and payroll professionals, and fixed asset valuation support. The services we provide help our clients reduce their administrative burdens and personnel costs, while also optimizing the efficacy of a variety of their tasks and functions. For more information about our organization, please visit ey.com/en_jp/people/ey-business-partner.

About Ernst & Young Tax Co.

EY’s tax professionals in Japan provide you with deep technical knowledge, both global and local, combined with practical, commercial and industry experience. Our highly regarded tax professionals operate in four major cities in Japan. Our talented people, consistent methodologies and unwavering commitment to quality service help you to build the strong compliance and reporting foundations and sustainable tax strategies that help your business succeed. For more information, please visit ey.com/en_jp/people/ey-tax.

For inquiries regarding this matter

EY Japan BMC (Brand, Marketing and Communications)

For media inquiries: TEL. 03 3503 1037

For all other inquiries: TEL. 03 3503 1100 (main line)