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Dutch East India Company, trading company founded in the Dutch Republic (present-day Netherlands) in 1602 to protect that state’s trade in the Indian Ocean and to assist in the Dutch war of independence from Spain.
The United East India Company (Dutch: Vereenigde Oostindische Compagnie [vərˈeːnɪɣdə ʔoːstˈɪndisə kɔmpɑˈɲi]; abbreviated as 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.
The Dutch East India Company (VOC) was formed in 1602 by the Staten-Generaal (States General) of the then Republic of the Seven United Netherlands. The company was granted a 21-year charter with rights to trade exclusively in Asia and to buy valuable spices, such as nutmeg, mace, and cloves.
The VOC (Dutch East India Company) is crucial in Dutch history. If you’ve lived in the Netherlands for a while, chances are you’ll have heard of it. Let’s take a deep dive into the world of the VOC.
The Dutch East India Company, called the Verenigde Oostindische Compagnie or VOC in Dutch, was a company whose main purpose was trade, exploration, and colonization throughout the 17th and 18th centuries. It was created in 1602 and lasted until 1800.
Definition. The Dutch East India Company, established in 1602, was a powerful trading corporation that played a significant role in global commerce during the 17th century.
The Dutch East India Company--Verenigde Oost-Indische Compagnie (VOC)--was founded on March 20, 1602 by Dutch merchants with the encouragement of the government of the Dutch Republic. Disbanded during the wars of the French Revolution in 1799, the VOC was the largest multinational corporation during the early modern period.