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t The private business environment contains economic relations between the entities that are subject to VAT and entities that are not subject to VAT. In this economic carousel, a specific case is that of the legal entities which are subject to VAT but have an annulled VAT code. From a fiscal point of view, the Romanian legal regulations are clear. Still, from an accounting point of view, there are no specific regulations. Our intention is to build a series of reasoning related to the accounting registration of such cases. Our recommendations focus on the legal entities intending to access European funds and have no experience in the business environment. Thus, we propose a careful verification of the documents of the suppliers. We also consider as an imperative necessity the interrogation to the fiscal authorities in order to find out the fiscal code for a potential business partner