.eu is a country domain assigned to European Union. .eu domains can be registered only by natural persons and companies residing in European Union.
.eu domains are registered for yearly periods. After the registration period, the domain must be renewed for another year. After the registration period elapses, the domain will be visible in your administration panel for 40 more days. During this time you can still renew the domain.
Transferring a .eu domain involves a fee. The domain is renewed for 1 year after the transfer.
Changing ownership of a .eu domain is free of charge and can be performed any time in your administration panel.