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When a registrar registers a com domain name for an end-user, it must pay a maximum annual fee of US$7.34 to VeriSign, the registry operator for com, and a US$0.18 annual administration fee to ICANN. Most domain registrars price their services and products to address both the annual fees and the administration fees that must be paid to ICANN.
A domain name registrar is a company, person, or office that manages the reservation of Internet domain names. A domain name registrar must be accredited by a generic top-level domain (gTLD) registry or a country code top-level domain (ccTLD) registry. A registrar operates in accordance with the guidelines of the designated domain name registries.
GoDaddy Inc. is an American publicly traded Internet domain registry, domain registrar and web hosting company [3] headquartered in Tempe, Arizona, and incorporated in Delaware. [4] As of 2023, GoDaddy is the world's fifth largest web host by market share, [5][6] with over 62 million registered domains. [7]
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