Everything happens in this tab. There is no "create account to download" step because there is no upload step: the logo is read into the page with the browser's own file reader, the draft is kept in this device's local storage, and the PDF is produced by the print engine already installed on your computer.
That is not a privacy flourish, it is the honest architecture for a document containing your client's name, address and what you charged them. Nothing we do not hold cannot leak.
The tax handling is worth one note. "Prices already include tax" back-calculates the tax out of your line totals rather than adding it on top. Getting that backwards overcharges your client by the whole tax rate, which is the worst direction to be wrong in, so the preview always shows the split.