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Introduction to SOC 2 Compliance: Complete Guide for SaaS Businesses

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By LegrescaTech Expert & Industry Thought Leader
📅Apr 13, 2025
⏱️16 min read
🏷️Security & Compliance
Introduction to SOC 2 Compliance: Complete Guide for SaaS Businesses
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Frequently Asked Questions

Got questions? We've got answers. Find quick solutions to common queries below.

SOC 1 focuses on financial reporting controls, while SOC 2 focuses on data security and privacy for technology and SaaS companies.

Typically, 3–6 months for Type I and 6–12 months for Type II, depending on the audit scope and organizational readiness.

Yes. Even startups benefit from early compliance as it builds customer trust and speeds up enterprise sales cycles.

Most companies renew their SOC 2 Type II audit annually to demonstrate continuous control effectiveness.

Yes. SOC 2 shares overlapping principles with GDPR and ISO 27001, making it easier to achieve compliance across global standards.

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Introduction to SOC 2 Compliance: Complete Guide for SaaS Businesses | Legresca Blog