The company prospered through most of the 17th century as the instrument of the powerful Dutch commercial empire in the East Indies present-day Indonesia. It was dissolved in The Dutch government granted the company a trade monopoly in the waters between the Cape of Good Hope at the southern tip of Africa and the Straits of Magellan between the Atlantic and Pacific oceans with the right to conclude treaties with native princes, to build forts and maintain armed forces, and to carry on administrative functions through officials who were required to take an oath of loyalty to the Dutch government.

Under the administration of forceful governors-general, most notably Jan Pieterszoon Coen —23 and Anthony van Diemen —45 , the company was able to defeat the British fleet and largely displace the Portuguese in the East Indies. In the company renamed Jacatra Batavia now Jakarta and used it as a base to conquer Java and the outer islands.

By the late 17th century the company had declined as a trading and sea power and had become more and more involved in the affairs of Java.

By the 18th century the company had changed from a commercial shipping enterprise to a loose territorial organization interested in the agricultural produce of the Indonesian archipelago. Toward the end of the 18th century the company became corrupt and seriously in debt. We welcome suggested improvements to any of our articles.

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Trade with the East: VOC - Timeline Dutch History - Rijksstudio - Rijksmuseum

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You have reached Britannica's public website. For ad-free access to your Britannica School or Library account Click here. Dutch East India Company Dutch trading company. United East India Company, Vereenigde Oost-Indische Compagnie, VOC. Learn about the Dutch East India Company also called the United East India Company and its role …. Jan Pieterszoon Coen, oil painting, 17th century.

Slave Lodge , Cape Town, South Africa, which once housed slaves who worked for the Dutch East ….

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