> ## Knowledge Base Index
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> Use this file to discover available pages before exploring further.
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# How Billing and Auto-Renewal Works

This article explains how TPC Hosting invoices are generated, when payment is due, and how the automatic renewal process works.

**Prices and VAT**

All prices on the TPC Hosting website are shown **excluding VAT**. VAT is calculated and displayed at checkout before you confirm your order. Services are primarily designed for businesses, but individuals may also purchase — the applicable VAT is shown during checkout.

**Payment in advance**

All services must be paid for in advance. Your service is active for the billing period you have paid for (e.g. 1 month, 12 months).

**Auto-renewal**

Services renew automatically at the end of each billing period. A renewal invoice is generated and sent to your email address **7 days before** the start of the next billing period. If you do not wish to renew, you must cancel the service **before** the renewal invoice is issued. Once the invoice has been issued, the billing period is due for payment.

**Currency**

All invoices and payments are processed in **RON (Romanian Leu)** at the National Bank of Romania (BNR) exchange rate on the date of invoicing. Prices may be displayed in other currencies for reference, but the amount charged will be in RON.

**Invoice delivery**

Invoices are delivered electronically — by email and through your client area. TPC Hosting does not issue paper invoices. Tax invoices are issued after payment has been received and credited, during business hours.

**Minimum contract term**

The minimum contract term equals the billing cycle you selected at purchase. For example, if you chose a 12-month billing cycle, you have committed to 12 months. After that, the service renews automatically for the same period at the then-current price.