Introduction –
Many people are there who have dream of running their own firearm-connected business. No matter, whether you are selling guns, repairing them or building them or any other gun-related work, you should know what is a ffl license, including distinct license types. It is also very important for you to know about FFL. FFL means federal firearms license. Importantly it is a license that you will need or require from the ATF before you can run any kind of gun-related business. Besides all of that, for record, some kind of gun-related business doesn’t require an FFL, for instance, making wooden furniture for Aks. But for the huge variety of guns work, you will require to acquire your FFL. There are different types of licenses types and to make matters more intricate, there is no single or other license which covers all types of firearm business.
Distinct Types of FFL –
Besides all of that, you cannot simply get an FFL and work out. You should know that there are 9 different kinds of FFLs, and it is also possible that it may or may not be legit in your state or jurisdiction and depends mainly on your local rules. They comprise of the following kinds of FFL – Type 01: Firearm Dealer/Gunsmith, Type 02: Pawnbroker, Type 03: Collector, Type 06: Ammo Manufacturer, Type 07: Firearm Manufacturer, Type 08: Firearm Importer, Type 09: Destructive Device Dealer, Type 10: Destructive Device Manufacturer and Type 11: Destructive Device Importer. Besides your FFL type, you shall also require to acquire another license called, SOT (special occupational taxpayer). You will require an SOT if you require to import, build or manufacture firearm regulated by the NFA. This comprises of items like grenades, machine guns and so on.
Distinct Kinds of SOT License –
Besides all of that, there are 3 different kinds of SOT licenses. They are class 1 SOT – NFA Item Importer, class 2 SOT- NFA item manufacturer and class 3 SOT- NFA Item Dealer. Now, it can sound complicated, but the fact is that it is not that complicated after you understand the rules. All that, these rules are made is to know what you are trying to do with your work or business. Let’s take an instance, you want to develop and sell guns and also, machine guns. Not only will you require a type 01 and type 07 FFL, but you will also require a class 2 and class 3 SOT. Now, lets look at the ways of getting an FFL. Learning and knowing how to get an FFL and actually acquiring one can be a lengthy process. The entire process will take around 60 days from the time you initially submit your correct paperwork. At the beginning, you will need to complete an ATF Form-7 and also submit it with the license fee to the ATF. Then, the ATF will go through a background check on you and pass off your details to the local office. Once the locally based ATF investigation, the investigator will hold a in-person interview. Then, the investigator will pass on the results of your face-to-face meeting with their chain of command and, if everything looks good, the ATF will approve your guns business and you can begin.