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7 Accountants

Unit # 9012 275 New North Road, London, N1 7AA, United Kingdom

About

7 Accountants and Advisors LTD is a licensed accounting and advisory firm comprising a team of ACCA-certified and CPA-qualified professionals with deep expertise in crypto accounting and taxation. Headquartered in the UK and serving a global client base across the USA, Canada, Australia, , France, Greece, Ireland, Brazil, El Salvador, Estonia, Germany, Japan, Portugal, Singapore, Slovenia, South Korea, Switzerland, Ukraine and throughout Europe and UAE, the firm brings a comprehensive understanding of international tax regulations and evolving digital asset standards.

The 7 Accountants team advises on complex cross-border tax matters and collaborates with regulatory and industry bodies to support the development of practical, compliant frameworks for crypto and blockchain assets. From individual tax strategies to corporate digital asset reporting and reconciliation, 7 Accountants offers a full spectrum of crypto accounting solutions designed to ensure transparency, security, and full regulatory compliance across jurisdictions.

Experience and qualifications

Under the leadership of Irfan Khalid, Bilal Ahmed, and Abdul Majid Alvi, 7 Accountants is driven by a team of internationally qualified experts in taxation, accounting, and digital asset compliance. CEO Irfan Khalid is a seasoned expert with over 12 years of experience in blockchain and cryptocurrency, as well as over two years of hands-on expertise with Koinly software. His in-depth understanding of both traditional finance and emerging digital asset ecosystems positions the firm at the forefront of crypto accounting innovation.

Bilal Ahmed, ACCA-certified since 2015, leads the firm’s UK taxation practice with a strong command of domestic regulations and HMRC compliance. Abdul Majid Alvi, a U.S. Certified Public Accountant (CPA) licensed in Virginia since 2003, brings a wealth of experience in U.S. tax law, international reporting, and cross-border crypto compliance. All team members at 7 Accountants undergo rigorous internal training to ensure proficiency in leading crypto accounting platforms such as Koinly and other blockchain reporting tools, and are required to demonstrate their capability through detailed reconciliation of complex digital asset portfolios before engaging with client data.

Client focus

Crypto Reconciliation: 7 Accountants provides precise reconciliation of cryptocurrency and digital asset transactions across wallets, exchanges, and blockchains. The process ensures accurate cost basis tracking, gain/loss calculation, and full audit readiness for individuals and businesses and provides capital gains tax reports globally including Schedule D & 8949 reports.

Complete Tax Consultancy: The firm delivers end-to-end crypto tax consultancy, covering domestic and international reporting requirements and develops tailored strategies to reduce liabilities, ensure regulatory compliance, and support clients through audits and disclosures.

Individual Crypto Accounting Service: From casual investors to high-volume traders, 7 Accountants offers comprehensive crypto accounting solutions. Services include portfolio tracking, income classification, and detailed reports to ensure accurate and compliant personal tax filings.

Corporate Crypto Accounting Service: 7 Accountants supports crypto-native businesses like exchanges, mining companies, wallet service providers, ICOs, IEOs, and dexes with scalable accounting solutions, including digital asset reporting, wallet optimization, and ERP like QuickBooks, Xero, Sage, Netsuite, and SAP integration.

Company Formation and Advisory: The team can assist with the formation of compliant crypto entities in the UK and internationally, with advisory services covering legal structuring, tax planning, and financial setup to help businesses establish a strong and compliant foundation.

Due Diligence: 7 Accountants conducts thorough financial, tax, and regulatory due diligence for crypto-related ventures, acquisitions, and partnerships. The process identifies potential risks, ensures compliance, and provides actionable insights to support sound decision-making.

Service offerings

7 Accountants offers end-to-end reconciliation and reporting services across a wide range of crypto asset classes and transaction types, ensuring regulatory compliance, data accuracy, and financial clarity across:

  • CEX: Centralized exchange transactions

  • DEX: Decentralized exchange transactions

  • DeFi: Decentralized finance protocol engagements

  • LPs: Liquidity pool contributions and withdrawals

  • Yield farming: Token farming and reward optimization

  • ICO: Initial coin offerings

  • IEO: Initial exchange offerings

  • Bridged transactions: Cross-chain asset transfers

  • Staking: Validator participation and reward accounting

  • Mining: Cryptocurrency mining operations and rewards

  • Ordinals: Bitcoin inscriptions and NFT-like digital assets

  • NFTs: Non-fungible token trading, minting, and royalties

  • Airdrops: Token distributions and incentive allocations

  • Smart contracts: On-chain contract interactions and executions

  • High-volume trading: Algorithmic and frequent transaction reporting

  • Other crypto activities: All remaining blockchain-based transactions

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