REGULATION29 May 2026· 10 min
EU AI Act: Practical Obligations for B2B SaaS Companies
The EU AI Act is now in force. B2B SaaS companies face fines up to €35M or 7% of global turnover. Here's what you must do, and when.
SOURCES
[1]EU Artificial Intelligence Act, Official Journal of the European Union, July 2024 (OJ L 2024/1689)
[2]Holistic AI — European Enterprise AI Readiness Survey, Q1 2024
[3]European Commission — AI Act Implementation Timeline, August 2024
[4]KPMG — AI Regulation Impact on Technology Vendors, 2024
[5]Linklaters LLP — The EU AI Act: A Practical Guide for Technology Companies, 2024
[6]Workday AI Transparency Documentation, 2024
[7]European AI Office — GPAI Code of Practice Draft, September 2024