What you need to know about the firearms dealer license

What you need to know about the firearms dealer license

Dealing in firearms is big business but which is always under the watchful eye of the government. To engage in this business you need a FFL (Federal Firearms Licence). For firearms not covered by the FFL, there is the class 3 FFL. This NFA firearms dealer license will enable you to deal in automatic weapons, silencer and accessories that are regulated by the NFA (National Firearms Act). Together with the class 3 FFL you must pay some amount to obtain the SOT (Special Occupation Tax) licence.

For a firearms dealer, the SOT licence is the route to high profits. With this firearm license, you will be able to purchase NFA firearms tax free and since there not that many SOT dealers you can create sort of a monopoly in your area and thus earn bigger bucks.

Firearms covered under the NFA include machine guns, short barrel rifles and shotguns, silencers, destructive devices and the disguised guns (guns in the form of pens, briefcases etc). To apply for the firearm license you can contact services to help you apply and they will send you an FFL application form through ordinary mail. There are certain requirements set by the ATF that you must fulfil and there is also an interview where you will go over your application form and answer some other questions orally. Honesty is required in filling the application form and during the interview. Discrepancies will either waste your time and money or altogether disqualify you from having a gun forever.

Fortunately enough there are people who have successfully gone through the firearmsdealer license procedure and can assist in making the whole process easier. Brandon Maddox of www.ffl123.com has been in the firearms business for the last ten years. He holds a FFL licence and a FFL class 3 (SOT) licence. With his extensive knowledge of the business, he can for a little fee help you understand the process and successfully obtain the licence. He has several guides which give clear and concise directions on obtaining the FFL. In fact he has had 100% success rate with customers and even offers a 150% money back guarantee should his guide fail you. This success has seen him become BBB accredited and he is also a certified eBay Power seller.

That said, you only need to spare a few dollars for the firearms dealer license guide and in a few weeks receive your FFL licence.

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