This Service is operated by Shreevya GmbH, a company registered in the Canton of Aargau, Switzerland (Commercial Register no. CHE-429.715.642; contact: contact@sorva.ch). By creating an account or using the platform, you enter into a binding contract with Shreevya GmbH on these Terms, governed by the Swiss Code of Obligations (OR). These Terms, together with our Privacy Policy, define our relationship, the scope of the Service, and applicable limitations of liability to the extent permitted by law. The Service is intended for individuals planning their own finances in a Swiss context. You confirm that you are at least 18 years old, able to enter into a legally binding contract, and using SORVA to plan your own finances.
2. What SORVA Provides
SORVA is a high-definition simulation engine for Swiss wealth, tax, and pension planning. Outputs are educational estimates, not guarantees or individualized advice. The Service provides:
The Financial Twin: a living digital model of your lifetime wealth, income, and cash-flow trajectories, built from your assets, liabilities, income, and expenses.
Three-pillar pension projections: Pillar 1 (AHV), Pillar 2 (occupational pension / BVG), and Pillar 3a, including contribution and buy-in modelling.
Swiss tax simulation: federal, cantonal, and communal income and wealth tax, plus lump-sum and capital-withdrawal tax, calibrated for ZH, BS, BL, AG, LU, SO, SZ, and ZG, with more cantons coming soon.
Retirement and withdrawal strategy: lump-sum versus annuity, staggered Pillar 3a withdrawals, capital-withdrawal timing, and early-retirement bridge funding.
Property and mortgage modelling: affordability and direct or indirect amortization, including Pillar 3a pledged as collateral.
Household and couple planning: coordinated, tax-aware strategies across partners.
Interactive "what-if" scenarios and educational insights on potential tax optimizations and generic asset-allocation trajectories, not individualized investment advice.
3. Your Account, Vault & Security
You agree to:
Provide accurate information: The quality of the simulation depends heavily on the accuracy of the data you enter.
Protect your account and vault (critical):
Double-lock: your SORVA login grants access to the platform; where the product uses it, a separate Master Key (vault password) is required to decrypt your vault (the encrypted store of your financial simulation data). Technical details follow the option you select in the app (Standard or Sovereign).
Standard path: if you use the Standard option and the product offers account or vault recovery, you must follow the in-app recovery flows and safeguard any recovery materials (e.g., recovery phrase or kit) according to the product instructions. Recovery is available only as described in the product for that path.
Sovereign path: if you choose the Sovereign option, SORVA does not hold your Master Key or an online copy of materials that decrypt your vault. If you lose your Master Key and your offline Recovery Kit (and any other recovery means required for that tier), your encrypted data may become permanently inaccessible. SORVA cannot restore such access on the Sovereign path. Liability for data loss from lost Sovereign credentials or recovery materials is excluded to the extent permitted by mandatory law.
Use the Service in compliance with all applicable Swiss laws.
Not share your account credentials with third parties, except via explicitly authorized account-sharing or advisor features where we offer them.
4. Disclaimer of Financial Advice and Regulatory Status
Important Notice:
No Regulated Financial Service (FinSA / FIDLEG): SORVA is a deterministic calculation software, not a licensed financial institution. The Service does not broker, evaluate, or recommend specific financial instruments (such as specific ETFs, funds, or securities). Therefore, the Service does not constitute investment advice or a financial service under the Swiss Financial Services Act (FinSA / FIDLEG).
No Tax Rulings: Tax projections are educational estimates based on currently available federal, cantonal, and municipal models. They may be detailed where calibrated, but they do not constitute legally binding tax rulings. SORVA is not liable for changes in tax law or discrepancies in municipal tax calculations.
No Fiduciary Duty: Use of the Service does not create a fiduciary, advisory, or mandate relationship. All projections are hypothetical estimates. You must consult a certified tax expert or licensed financial advisor before executing legal, tax, or investment decisions. SORVA is not responsible for any financial losses, tax penalties, or missed opportunities resulting from the use of this Service.
AHV 21 transitional cohort: SORVA does not currently support the Swiss AHV 21 transitional rules for women born 1961 to 1969 (staged reference ages, supplements, or related compensation mechanics). If your situation falls under those rules, SORVA cannot yet model it accurately and does not currently create a plan for this case. This is part of the educational nature of the Service and is not individualized pension advice or a substitute for an Ausgleichskasse, BSV, or cantonal-authority determination. Official reference ages and benefits: BSV.
A Self-Directed Educational Tool: SORVA is a self-directed planning tool. Its calculations are based on published Swiss rules at the federal, cantonal, and municipal levels. Like any planning model, it is a simplified representation of a complex system: its outputs are educational estimates to help you understand and explore your options, and they may not reflect every rule, exception, or change that applies to your particular situation. As of the effective date of these Terms, SORVA's calculations and outputs have not been independently reviewed, certified, or endorsed by an external financial planner, tax expert, or FINMA-regulated advisor, and no licensed professional has assessed them on your behalf. They are not a personalized recommendation. For decisions that matter to you, confirming your specific situation with a qualified professional remains the natural final step.
5. Specific Terms for Professional / B2B Users
If you use SORVA on behalf of a business, as a financial advisor, fiduciary, planner, or HR professional ("Professional User"):
Sole Responsibility: You, the Professional User, retain full and sole regulatory responsibility (including FINMA/FinSA compliance, suitability, and appropriateness tests) for any advice given to your end-clients.
Verification Duty: You are strictly obligated to independently verify all mathematical outputs, tax estimates, and solvency projections generated by SORVA before presenting them to a client.
Indemnification: You agree to fully indemnify and hold Shreevya GmbH harmless against any claims, damages, or lawsuits brought by your end-clients or regulatory bodies resulting from your use of SORVA's reports or software.
Employers (where offered): If you offer SORVA as an employee benefit, the Service is a transparency and education layer for pension and wealth simulation. It does not, by itself, constitute individualized financial advice from the employer to the employee unless provided separately by a licensed professional.
6. Data Privacy & Encryption (Standard & Sovereign)
Your use of the Service is governed by our Privacy Policy.
Compliance: We process your data under the revised Swiss Federal Act on Data Protection (revFADP, SR 235.1).
Encryption: Your detailed financial data is encrypted on your device before storage or sync. In Sovereign mode, only you hold the key that can unlock your vault, so we hold no key that can decrypt it. In Standard mode we keep a sealed recovery key so we can help you regain access. Simulations are computed on our servers, where your inputs are processed transiently. In the ordinary course, SORVA technical staff do not view your salary, assets, or full tax detail; support that requires viewing encrypted records may be limited.
7. Subscriptions, Fees & Beta Access
Private Beta / Evaluation Period: SORVA may initially be offered as a free Private Beta or evaluation version. Invited users may receive access at no charge during this phase. The Service is provided "as is" for testing and feedback purposes.
Future Commercialization: Shreevya GmbH reserves the right to introduce paid subscriptions, one-time audit fees, or premium tiers in the future.
Notice of Charges: You will never be charged automatically without your explicit consent. If a previously free feature becomes paid, you will receive prior notice and have the option to subscribe or securely export/delete your data. All paid fees are billed in advance and are non-refundable, except where mandatory Swiss law provides otherwise.
8. Intellectual Property & Acceptable Use
All software, calculation logic (the SORVA engine), user interface components, and brand assets are the exclusive property of Shreevya GmbH (or its licensors) and are protected by Swiss and international copyright, trademark, and intellectual property laws. "SORVA" and associated names and logos are unregistered trademarks of Shreevya GmbH. All rights reserved. You retain ownership of the data you input.
To protect the Service and other users, you agree not to:
Reverse-engineer, decompile, disassemble, scrape, bulk-export, or otherwise attempt to extract or reconstruct the SORVA engine, calculation logic, models, or any non-public data.
Circumvent, probe, or test the security, rate limits, or access controls of the Service, or access it by automated means except as we expressly permit.
Resell, sublicense, or commercially exploit the Service or its outputs except under a separate written agreement with us.
9. Limitation of Liability
To the maximum extent permitted by applicable Swiss law:
SORVA shall not be liable for any indirect, incidental, special, consequential, or punitive damages.
SORVA shall not be liable for loss of data attributable to user error (including lost account or vault credentials or recovery materials, in particular on the Sovereign path where applicable) or to technical failure beyond our reasonable control, except as mandatory law requires.
Except where mandatory law provides otherwise, in no event shall our total liability for slight negligence exceed the fees you paid to us (if any) for the Service in the twelve (12) months preceding the claim.
Nothing in these Terms limits liability that cannot be excluded under mandatory Swiss law, including for gross negligence, unlawful intent, or death and personal injury where applicable.
10. Service Availability
We strive to provide continuous service availability but do not guarantee uninterrupted access. The Service may be temporarily unavailable due to maintenance, updates, or technical issues. We are not liable for any inconvenience caused by downtime.
11. Modifications to Terms
We may update these Terms from time to time. The current version and its effective date always appear at the top of this page. If we make a significant change, we will notify you by appropriate means before it takes effect, for example an in-app notice (and, where we consider it appropriate, by email). Your continued use of the Service after an update takes effect constitutes acceptance of the updated Terms. If you do not agree to an update, you may stop using the Service and close your account.
12. Termination
We may suspend or terminate your account for any breach of these Terms, with notice where reasonably practicable. Upon termination, your right to use the Service ceases, and the handling of your data is described in our Privacy Policy. You may stop using the Service and close your account at any time.
13. Governing Law & Jurisdiction
These Terms shall be governed by and construed in accordance with Swiss substantive law, excluding conflict-of-law rules where permissible and excluding the United Nations Convention on Contracts for the International Sale of Goods (CISG). These Terms are provided in English, German, French, and Italian. In case of discrepancy, the German version prevails, except where mandatory Swiss consumer-protection law requires the version in the consumer's language to govern.
Jurisdiction: Any disputes arising from these Terms shall be resolved exclusively in the courts of the Canton of Aargau, Switzerland (the seat of Shreevya GmbH).
Consumers: If you use the Service as a consumer, mandatory Swiss consumer-protection provisions, including any right to bring proceedings at your Swiss place of residence, remain unaffected.
Severability & entire agreement: If any provision of these Terms is held invalid or unenforceable, the remaining provisions stay in full force. These Terms, together with our Privacy Policy, form the entire agreement between you and Shreevya GmbH regarding the Service.
14. Contact Information
If you have legal questions about these Terms, please contact Shreevya GmbH, Seemattstrasse 44, 4332 Stein AG, Switzerland:
