by

jacksmith

What are the benefits of having an FFL License?

Save over 30% on firearms purchases. A license holder can purchase firearms directly from wholesalers and manufacturers at dealer’s cost. No more FFL transfer dealer fees! Start small with your hobby and expand at your own pace.

FFL License- What is it & how do I obtain one?

An FFL License is a Federal License and is issued by the Alcohol Tobacco and Firearms branch of the US Government or better known as the ATF. FFL License stands for Federal Firearms License and the license holder is able to buy, sell, and transfer firearms as a gun dealer. The ability to do transfers for friends and buy guns at cost for personal use has made this license and obtaining it a very popular task since Obama has been elected.

Home-based FFL License? Is this legal?

I know,one your friends, who knows someone at ATF told youthat this is now illegal. Wrong, nowhere in the ATF gun control act does it say it is illegal to have a home based FFL License. Many cities across the nation have tried to create laws to prohibit the practice of home based FFL’s, but with the Internet and many people working from and selling from home as a fully time occupation . it has been difficult for cities to openly discriminate against those wishing to obtain an FFL License from their home address.

What does an FFL cost?

The application fee is $200 and covers your FFL License for the first 3 years (Yes, the ATF will accept a credit card on the application). The FFL cost is $90 every 3 years afterwards, or $30 per year. ATF will issue you a refund if your application is rejected.

How many different types of FFL Licenses are there?

There is a Type 01, 02, 03, 06, 07, 08, 09, 10, and 11 FFL License. The most common FFL License to become a gun dealer is the FFL 01. The other licenses are for more specialized areas and not very common unless you wish to manufacture firearms or ammunition.

Concealed carry permit, will that speed up or guarantee the FFL License approval?

No, a conceal carry permit is a state issued permit, this is a Federal License.

What does the FFL Application Involve?

You will need to get finger prints taken and sent to the ATF. The application is very thorough and comes in four exact copies. Two copies go to ATF, one copy to local law enforcement, and one copy for your records.

You will also need to submit passport photos for their records.

Most common mistake made by a customer that applies for an FFL License without my help?

The unadvised always sets the license up wrong and often complete parts of the legal setup wrong. No wholesalers or manufacturers will establish a relationship with them because they setup the FFL License incorrectly legally in the beginning. One error in setting it up and you have wasted so much time and effort by not knowing exactly what the ATF is requesting.

For more information regarding

FFL

and

FFL License

, please visit

ffl123.com

Article Source:

ArticleRich.com