A domain is a special address that you are able to buy from a registrar company. All units which are connected to the Internet, such as web servers, possess numeric addresses, or IP addresses, which are rather hard to remember, for this reason the domain name system was launched as an easy means to identify a given website on the World Wide Web. In this way, your web site can be reached at www.domain.com instead of 220.127.116.11, for example. A domain name possesses two parts - the Second-Level Domain, that is the actual web site name that you're able to select, plus the Top-Level Domain, which is the extension - .com, .net, .org and so on. You'll be able to register your new domain name via any registrar or migrate an active domain between registrars in a couple of simple steps. If you decide to do the latter, your domain will be renewed instantly by the gaining registrar the moment the transfer process is finalized. Along with the generic Top-Level Domains, there're country-code ones as well. Some of them can be registered by anyone, while some others will need local presence or even a business license.