The Muscovy Company (also called the Russia Company or the Muscovy Trading Company; Russian: Московская компания, romanized: Moskovskaya kompaniya) was an English trading company chartered in 1555. It was the first major chartered joint-stock company, the precursor of the type of business that would soon flourish in England and finance its exploration of the world. The Muscovy Company had a monopoly on trade between England and Russia until 1698 and it survived as a trading company until the Russian Revolution. Since 1917, the company has operated as a charity, now working within Russia.