A domain name is a unique address that you are able to obtain from a registrar company. All the devices which are linked to the Internet, such as web servers, feature numeric addresses, or IP addresses, which are rather difficult to remember, for that reason the domain system was introduced as an easy way to distinguish a given site on the World Wide Web. As a result, your site can be reached at www.domain.com rather than 123.123.123.123, for example. A domain name includes two separate parts - the Second-Level Domain, which is the actual site name that you'll be able to select, plus the Top-Level Domain, that's the extension - .com, .net, .org and so on. You are able to register a new domain through any sort of registrar or transfer an active domain between registrars in just a few easy steps. Whenever you choose to do the latter, your domain shall be renewed immediately by the gaining registrar once the transfer process is finalized. Along with the universal Top-Level Domains, there are country-code ones too. Some of them can be registered by anyone, while some others need regional presence or even a business license.