The Dutch East India Company (VOC) was established on March 20, 1602 to facilitate colonial trade.by controlling the spice trade, reduce competition, and fund military actions against colonial rivals like Portugal.
It effectively became the world's first true multinational "company-state" and the first company to issue publicly traded shares. It could trade, maintain armies. build forts, wage war and mint money; allowing it to commanding incredible large amount of wealth. Due primarily to financial mismanagement and corruption, the VOC was declared bankrupt .in 1798–1799.and nationalized.
