The “Second Amendment’s Right to Bear Arms” ensures that a firearms dealership will always be popular in the United States. If you would like to buy and sell firearms, you will need to comply with relevant federal, state and local rules. Here are the steps to becoming a licensed gun dealer.
Federal Bureau of Alcohol Tobacco Firearms and Explosives (BATFE) Application
Before even applying for your firearms license, you must create a solid business plan outlining the types of guns you wish to sell and the location for your store. In some areas, you can sell guns out of your home. You must be 21-years old without any violations of the Gun Control Act or other relevant laws.
One of the first steps is to file an application with the federal Bureau of Alcohol Tobacco Firearms and Explosives (BATFE). There are two forms you might need to fill out: 1) Federal Firearms Licensee (FFL) and 2) the Certificate of Compliance. You can download these forms from the government’s website.
The FFL application will ask you for the following information: names of “responsible persons,” business address, hours of operation, gun types and Employer Identification Number (EIN). The EIN is also your tax number.
You will also be required to submit photographs and fingerprints on a fingerprint identification card. This card may be purchased from your local police department. You must should send a signed, notarized letter to your local police chief notifying him of your intention to get a license.
The Certificate of Compliance establishes your citizenship status and your agreement to follow federal laws. An electronic background check will be conducted on all “responsible persons.”
<h3>BATF Interview and Decision</h3>
Once you have completed the paperwork, your application will be forwarded to the proper authorities who will schedule an in-person interview with the Industry Operations Investigator (IOI). This agent will be responsible for the acceptance or denial of your application. Denial could occur due to fraud, false information, willful violations of laws found during the background check or zoning problems. It should take about 60 days to complete the process.
State and Local Regulations
Some states might require you to apply for an additional gun dealer’s license. Local governments might require you to pass a firearms safety course before you can open your dealership.