I haven't done it yet and I haven't been able to figure out why I would want to
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The IRL reason for handing colonization off to joint-stock companies was to minimize public costs, but in game colonization costs nothing so there isn't anything to defray onto the company and its investors.
noQuestion
Can you grant a company a colonization charter when you don’t have a colonial institutiony at all?
I actually quite like subjects for lands I don't plan to integrate. Particularly colonial administrations I like, since they can handle all the incorporation and bureaucracy. It can be annoying when they refuse to make any effort at building a military, though, since they end up being dead weight in plays.I wouldn't. Subject interactions are still quite meh, and it's really annoying how every subject gets liberty desire from annexing any other subject, even if on other side of the world, of a completely different autonomy, and without a play. So I'd avoid generating subjects, unless it would be of better benefit, than holding it myself, and I can't imagine a situation when a company would match that criteria.
I wouldn't. Subject interactions are still quite meh, and it's really annoying how every subject gets liberty desire from annexing any other subject, even if on other side of the world, of a completely different autonomy, and without a play. So I'd avoid generating subjects, unless it would be of better benefit, than holding it myself, and I can't imagine a situation when a company would match that criteria.
Biggest benefit is that they get all the states as incorporated and pay you a really healthy subject tax. In current patch is also means removing the 30% penalty to construction on all your African states.Also after discovering Civilizing Mission you can found vassal Colonial states in África... Whats for?? With the new global trade market such colonies trade with the world instead of giving the resources to your market. Don't see the benefit.