jul 7, 1600 - 1600 Royal Charter
Description:
The Company of Merchants of London Trading into The East Indies is granted a royal charter by Queen Elizabeth I, established with 125 shareholders and £72,000 of capital. Sir Thomas Smythe is appointed as The Company’s first Governor. Queen Elizabeth I also limited the liability of the investors as well as her liabilities in granting a Royal Charter. This made The East India Company the world’s first limited liability corporation.
Added to timeline:
British EIC
Date:
