Dutch

Technology, Finance

The United East India Company (Dutch: Vereenigde Oostindische Compagnie [vərˈeːnɪɣdə oːstˈɪndisə kɔmpɑˈɲi]; abbr. VOC [veː(j)oːˈseː]), commonly known as the Dutch East India Company, was a chartered trading company and one of the first joint-stock companies in the world.[3][4] Established on 20 March 1602[5] by the States General of the Netherlands amalgamating existing companies, it was granted a 21-year monopoly to carry out trade activities in Asia.[6] Shares in the company could be purchased by any citizen of the Dutch Republic and bought and sold in open-air secondary markets, one of which became the Amsterdam Stock Exchange.[7] The company possessed quasi-governmental powers, including the ability to wage war, imprison and execute convicts,[8] negotiate treaties, strike its own coins, and establish colonies.[9] Because it traded across multiple colonies and countries from both the East and the West, the VOC is sometimes considered to have been the world's first multinational corporation.[10][11]

Founded
20 March 1602 ; 423 years ago ( 1602-03-20 ) , [ 2 ] by a government-directed consolidation of the voorcompagnieën /pre-companies
Location
Amsterdam , Dutch Republic (global headquarters) Batavia , Dutch East Indies (second headquarters or overseas administrative center)

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