# Fraconomy Europe > Fractional Chief AI Officers for Europe and companies selling AI into the EU, with the EU AI Act and GDPR built in. One to three days a week. Waitlist open. Status: waitlist open at https://eu.fraconomy.com/#join (companies that need a CAIO, and AI leaders who want to join the bench). Pricing: monthly retainer in EUR, set by days a week. Brand hub with all markets: https://fraconomy.com/ ## What a Fraconomy Europe CAIO covers - EU AI Act: Risk tiers, prohibited uses and the obligations for high-risk systems, applied to what you actually run, on the timetable that currently applies. - GDPR underneath: Lawful basis, data minimisation and impact assessments for the personal data your models train on and touch. - Selling in from Asia or the US: For companies outside the EU with European customers, the obligations that follow your product across the border. ## Questions ### Does the EU AI Act apply to companies outside Europe? It can. The Act follows the product: if you place an AI system on the EU market, or its output is used in the EU, obligations can apply even if your company is based in Asia or the US. Your CAIO maps which of your systems are in scope. ### When will Fraconomy Europe open? We open when we have enough vetted CAIOs with EU regulatory experience. People on the waitlist hear first. Until then, our US and Singapore practices can take on companies selling into Europe. ### How is pricing set in Europe? A monthly retainer in EUR, set by days a week. The rate is confirmed on the briefing call before any commitment.