When you register a domain, the most important element about it is that it provides you identifiable identity and character. The information regarding the registrant of the domain is also publicly accessible. Registration by an individual is free while registration by a company or institution is a onetime fee. Registration by an organization is generally much more affordable as the organizations have much better management control over their domain names. Registration by an individual can be done at a reasonable price; however, you do not get guarantee of the authenticity of the registration.