REGULATION14 July 2026· 9 min
EU AI Act: Practical Obligations for B2B SaaS Companies
The EU AI Act is now law — and B2B SaaS companies have 24 months to comply or face fines up to €35M. Here's what your product and legal teams must do now.
SOURCES
[1]European Parliament, 'Regulation (EU) 2024/1689 — Artificial Intelligence Act', Official Journal of the European Union, August 2024
[2]Deloitte, 'State of AI Readiness in European Enterprises', Q3 2024
[3]Gartner, 'Enterprise AI Vendor Due Diligence Trends', December 2024
[4]European Commission, 'EU AI Act Implementation Timeline and Guidance Notes', 2024
[5]KPMG, 'EU AI Act Compliance Cost Benchmarking Report', October 2024
[6]Clifford Chance, 'Practical Guide to the EU AI Act for Technology Companies', 2024
[7]EU AI Office, 'General Purpose AI Code of Practice — Draft v1', November 2024