REGULATION21 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 you must do, now.
SOURCES
[1]European Parliament, Regulation (EU) 2024/1689 — The EU Artificial Intelligence Act, Official Journal of the European Union, July 2024
[2]European Commission, Impact Assessment accompanying the EU AI Act proposal, SEC(2021) 167 final, updated 2024 estimates
[3]European Parliament Research Service, 'Artificial Intelligence Act: A Risk-Based Framework for AI in the EU', EPRS Briefing, 2024
[4]Linklaters LLP, 'AI Act Enterprise Readiness Survey', European Enterprise Tech Buyers, Q3 2024
[5]Statista, 'Number of SaaS companies operating in Europe', Digital Economy Report, 2024
[6]EU AI Office, 'General-Purpose AI Models: Regulatory Guidance Note', European Commission, March 2024
[7]Workday Inc., 'EU AI Act Compliance Program Announcement', Investor Relations & Press Release, Q1 2024