A domain is a special address that you are able to obtain via a registrar company. All devices that are linked to the Internet, including web servers, have numeric addresses, or IP addresses, which are pretty difficult to remember, for that reason the domain system was launched as an easy way to identify a particular site on the Internet. Using this method, your web site is available at www.domain.com in place of 220.127.116.11, for instance. A domain name features two different parts - the Second-Level Domain, which is the actual web site name that you will be able to pick, and the Top-Level Domain, that is the extension - .com, .net, .org and so on. You're able to register a new domain name through any registrar or transfer an existing domain between registrars in a couple of easy steps. In the event that you decide to do the latter, your domain name will be renewed automatically by the gaining registrar once the transfer process is finalized. Along with the universal Top-Level Domains, there're country-code ones as well. Some of them can be registered by anyone, while some others need regional presence or a business license.