Sooner or later it's East India possessions would be nationalised and trade with the east would be opened up and while an organisation with the same name might survive in the open market the historical VOC would have ended, just like all the other national East India companies.
apart from the prisoner dump, you are describing how the VOC was in otl.
it had a large amount of own troops and her vessels were armed.
and remember the dutch pretty much invented modern capitalism.