Re: Getting a FFL license
Steps to getting a home-based Federal Firearms License (FFL):
1) If you want to work out of your home, check your local zoning ordinances and Homeowner Association CCR's, if any. If either document prohibits you from obtaining a business license at your residence, go no further. The ATF will not issue you an FFL.
2) Check with your homeowner's insurance to see how much it will go up if you run a firearm business out of your home. Hopefully you have a local agent who you've personally known and worked with for many years, as the flunkie on the toll-free call center phone will probably freak at your questions. You may find the increase in premium alone makes getting an FFL unviable.
3) Another question for yourself - are you comfortable filing federal and state tax returns every quarter, and sales & use tax returns every month (if your state has sales & use taxes)? If not, add CPA services to your list of expenses.
4) If you've gotten to this point, find an attorney to help you form a S Corp, C Corp, or LLC (most folks go with an LLC). This is not the time to go with a DIY document off the internet, especially if you plan on dealing in NFA toys. Besides, being in the firearms biz, you're going to need an attorney sooner or later anyway; might as well get to know one now.
5) Once your corporate entity is formed, obtain any necessary state and local business licenses to run a business. If you don't have these, the ATF will not issue an FFL. See #1 (and yes, they go to your county or city courthouse and check).
6) Call the ATF Distribution Center (301-583-4696) and ask for an application packet. It will include several copies of the application (no carbons unfortunately), fingerprint cards, and instructions.
FFL Types & Fees
<–– 07 FFL / 02 SOT
Note: If you get a Type 06 (ammunition manufacturer), 07 (manufacturer), or 10 (DD manufacturer) FFL you will also have to pay ITAR fees to the Department of State each year. In 2008 the fee went up from $500/year to $2250/year. This fee must be paid even if you never export an item you produce.
US Dep't of State Directorate of Defense Controls - ITAR