REGULATION3 August 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 actually need to do.
SOURCES
[1]European Parliament, 'Regulation (EU) 2024/1689 on Artificial Intelligence (AI Act)', Official Journal of the EU, August 2024
[2]Gartner, 'Magic Quadrant for AI Cloud Services', 2024
[3]McKinsey Digital, 'The State of AI in 2024: GenAI Adoption in Enterprise Software', Q2 2024
[4]Linklaters, 'AI Regulatory Compliance Cost Survey for Enterprise Software Providers', 2024
[5]Future of Life Institute, 'Economic Impact of the EU AI Act on SME Software Companies', April 2024
[6]European Commission, 'Impact Assessment for the AI Act: Classification of High-Risk AI Systems', 2023
[7]Fieldfisher, 'AI Act Contract Obligations Between Providers and Operators: A Practical Guide', 2024