The Oost-Indisch Huis (East India House) is an early 17th-century building in the center of Amsterdam. It was a headquarters of the Dutch East India Company. The Dutch East India Company was a chartered company established in 1602, when the States-General
The Oost-Indisch Huis (East India House) is an early 17th-century building in the center of Amsterdam. It was a headquarters of the Dutch East India Company. The Dutch East India Company was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It is often considered to have been the first multinational corporation in the world and it was the first company to issue stock. Over the next two centuries the Company acquired additional ports as trading bases and safeguarded their interests by taking over surrounding territory. It remained an important trading concern and paid an 18% annual dividend for almost 200 years. Weighed down by corruption in the late 18th century, the Company went bankrupt and was formally dissolved in 1800.
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Photo credit: © Photo Researchers / Alamy / Afripics
License: Licensed
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