As someone about to use Hetzner for vps hosting. If my company is based elsewhere, but my product is hosted by a provider within the EU, am I still subjected to

As someone about to use Hetzner for vps hosting. If my company is based elsewhere, but my product is hosted by a provider within the EU, am I still subjected to this utter nonsense? How about if I use OVH on their Canadian datacenter? It's a French based company but the product would be hosted outside EU.