Chartered Company in IndiaChartered Company in India
As of the 16th c., groups of Western Europeans began to set up businesses to take over and benefit from the research of Africa, India, Asia, the Caribbean and North America, usually under the auspices of a state that published the company's charter.
However, the charter airlines go back to the Middle Ages. The authorization of charteras allowed even small states to strongly strengthen their power through direct domination and to channel privately owned natural ressources into domestic exploratory and trading activities. When they became richer, some enterprises began to develop large administrative units for their enterprises and often carried out locally -based business with little supervision.
As a rule, charters were established, founded and legitimized by a king or, in a republic, by an equal governing treaty. It contains the conditions under which the company could act, defines its limits of control and describes its legal obligations. The British South Africa Company Charta presented by Queen Victoria, for example, made this possible for the company:
Establishment of an own British South Africa police department. The British South Africa Company undertook in exchange to expand the area under its control, comply with current legislation in Africa, allow free trading on its territories and honour all faiths. Charter firms in many cases profited from commercial dominance (such as the English Royal African Company, which had a 1672 -1698 black market in slavery in Africa).
In order to fulfil their diverse roles, which in many cases involved roles - such as safety and defense - usually reserved for a single state, some enterprises gained relatively autonomous status. Some few chartered corporations, such as the British Honourable East India Company (HEIC) and the Dutch Association Oostindische Compagnie (VOC), had their own army and navy force, which outshined even the armies of the main stream of Europe, and sufficient resources to buy the best men and gear, making them a state within a state.
Scramble for Africa" was founded at the end of the 19th and early 20th centuries with the aim of conquering, colonizing and managing the last "virgin" areas of Africa, but these generally turned out to be less lucrative than former commercial societies. In 1942, the Companhia de Moçambique in Portuguese-East Africa (now Mozambique), which transferred control of the Manica and Sofala settlements to the Spanish Revolution, was the last company to manage the area directly in Africa.
Austria's Netherlands (now Belgium), which are actively involved in India. About the company: South Africa's short story.