Getting Firearm Dealer License

In U.S. firearm dealer license is called Federal Firearm Licence (FFL). There are nine types of FFL licenses ( nine types http://en.wikipedia.org/wiki/Federal_Firearms_License#Federal_Firearms_License_types ). In simple words firearm dealer license allows you to trade/manufacture guns and ammunition. Usually people hold home based FFL license to save money. How much can you save? Up to 30% on guns and ammunition! So instead of paying almost $1200 at gun shop for a Bushmaster AR-15 M4, you can only pay a little over $800! Instead of paying $1250 for a Smith & Wesson 500, you can pay for it just $800 and change! Among other things, when you sell or buy gun you don’t pay transfer fees. What is FFL cost? Based on the license type, the cost is somewhere from $30 to $200 and covers first 3 years. The fee for a type I dealer license is $200. The FFL renewal cost is $90 every 3 years (just 30 bucks per year). How long will it take? Your request will take a at least 6 weeks to process, and usually takes between 8 and 12 weeks. What are requirements? * You must be at least 21 years of old. * It is required that you're not prohibited from acquiring firearms. * You never broke any regulations of the Gun Control Act. * You cannot lie in your application or fail to disclose information on it. * Your business will operate according to all state and federal laws. * You will need to provide some kind of secure storage for all guns that you sell. There are more requirements, but those listed above are the main ones. How do I make sure that my papers approved? The process of getting federal firearm license is complicated. You have to know the federal, state, and local laws to fill in your application correctly. Plus, if you just want to get home based license (without plans to actually do any business with it) you need to make sure that your home-based FFL application doesn’t look suspicious. There are people who went through process of getting FFL and you can benefit from this guidebook.