How to Obtain Firearm Sales License

The question that is asked very often by budding entrepreneurs is how to obtain firearm sales license. The Federal Firearms License or FFL allows an individual or an incorporated company to sell firearms interstate and intrastate. This FFL is issued under the Gun Control Act enacted in 1968 in the United States. The firearm sales license is administered by the US Bureau of Alcohol, Tobacco, Firearms, and Explosives. The person seeking the firearm sales license should file an application to the bureau on ATF Form 7. The licenses are non-transferable and would be valid for 3 years.

There is another important point in your quest of how to obtain firearm sales license. It is known as record keeping. Persons having the Federal Firearms License should keep a registry of all the firearms sold by them in a bound book approved by the ATF. Nowadays, the dealer could use software that had been approved by ATF for keeping computerized registry. The dealer should maintain the file copies of either Form 4473 or an eForm of 4473 for at least 20 years from the date of sale. If the dealer sells 2 or more handguns to a single person within a period of 5 days, the sales should be immediately reported to ATF on Form 3310.4.

The qualification criteria in your process of how to obtain firearm sales license are as follows.

* The person who wishes to become an arms dealer should be 21 years old or more.
* That person should not be prohibited in any way from possessing or handling firearms and ammunition.
* That person should not have violated the Gun Control Act or the regulations under the Act at any point of time.
* That person should not have failed to disclose any relevant facts or information related to the application.
* That person should have appropriate premises for conducting the firearms sales business.