A domain name is a unique address that you're able to obtain from a registrar company. All of the units that are connected to the Internet, such as web servers, possess numeric addresses, or IP addresses, which are pretty hard to remember, that's why the domain system was created as an easy way to recognize some site on the World Wide Web. Thus, your web site is available at www.domain.com in place of 188.8.131.52, for example. Your domain name features two parts - the Second-Level Domain, which is the actual web site name that you'll be able to pick, plus the Top-Level Domain, that is the extension - .com, .net, .org and so on. You are able to register your new domain name via any type of registrar or move an existing domain between registrars in a couple of simple steps. Whenever you decide to do the latter, your domain name will be renewed automatically by the gaining registrar as soon as the transfer process has been completed. Along with the universal Top-Level Domains, there're country-code ones too. Some of them can be registered by anyone, while some others will need local presence or even a business license.