Your first customers should know:
- what they are paying for
- how billing works
- how cancellation works
- how their information is handled
Depending on your market and product, that may require appropriate privacy information, terms, billing policies, and other disclosures.
This is not a suggestion to copy a generic SaaS legal template and call the job finished.
Legal requirements depend on your jurisdiction, customers, industry, and the data your product handles.
The practical launch check is simpler:
Can a paying customer understand the relationship and reach someone when something goes wrong?
If the answer is no, fix that before scaling acquisition.