How Much Is a Federal Firearms License?
To get a firearms license in the US, you need a FFL. The federal firearms license (FFL) is required for the manufacture, sale, and transfer of all NFA items. The first 3 years of this license cost between $300 and $3,000, depending on the type of FFL you choose. Once you have a firearms license, you can start making guns. However, before you can sell your guns, you need to get a SOT license (Special Occupational Taxpayer) or a Type 07 FFL.
A type 10 FFL costs $3,250. This license is required by the State Department, so you need to be aware of the requirements. For example, manufacturers that make less than 50 firearms per year do not have to register. However, manufacturers who make fifty or more firearms a year must pay an excise tax of ten to eleven percent of the value of each firearm. This can get expensive, especially if you plan to make 51 firearms in a year.
A Type 7 FFL allows you to sell C&R firearms and import them into the US. You must also be 50 years of age or older and on the ATF list to receive a collector’s license. However, it is worth noting that you can only obtain a collector’s FFL if you are a collector and not a business. However, this license does not allow you to import weapons or ammunition that are on the ATF’s list.
An FFL requires an application, fingerprint information, and payment of application fees. Depending on the type of license you are seeking, the application fee for the FFL may be as little as $300, but the fees can increase dramatically if you intend to produce more than fifty firearms per year. Fingerprinting is a required part of the application process, but it isn’t a huge hassle. There are fingerprint kits that you can purchase online or at the local gun shop.
A Type 2 FFL license costs around $200. A Type 3 FFL is more expensive, but allows you to manufacture ammunition that meets the federal law. It is also important to be aware of the FFL license number, as it has a definite meaning. In short, a federal firearms license is a necessary step to protect your rights as a citizen of the United States. So, apply now and take control of your freedom to own and manufacture firearms. You’ll be glad you did.
A type 03 FFL, also known as a C&R license, allows you to sell curio and relic firearms. Getting an FFL, however, doesn’t mean that you can sell or carry firearms. You still need state licenses and permits to legally sell firearms. As an FFL holder, you also need to keep a firearms sales registry, either in an ATF-approved bound book or computerized equivalent.