If you want to create a business website that has customers in the EU, since the 25th of May 2018, you ought to comply with the GDPR, as there are significant penalties if you fail to do so.
The maximum fine/penalty for companies and organizations that do not comply with GDPR can be 4% of their annual turnover or up to €20 million, whichever amount is greater. The minimum fine for not abiding by the GDPR rules can be 2% of the annual turnover or €10 million.
In the section of AwardSpace’s Hosting Knowledge Base named Legal Compliance, we share the expertise of our partners Iubenda. In the first article in this section, you can find out more about The most important privacy laws you need to know and how to tell which apply to you.