| There are various forms that you have to file with | | | | a tax return where it lists all items you have |
| the ATF in order to comply with the law. Here, I've | | | | purchased or sold. You will need one of these forms |
| listed a few of the most common ones and an | | | | for each item you buy, and it will also require the |
| explanation of what they are for including ATF Form | | | | specific item serial number and description. When you |
| 7, ATF Form 4 and ATF Form 4473. | | | | are ready to purchase an item it's important that you |
| ATF Form 7 | | | | understand that you have to have the specific |
| Your very first step in becoming a FFL licensed dealer | | | | weapon in mind before getting started with all the |
| is in obtaining all of the required paperwork. In most | | | | paper work. The good new is when you buy from a |
| cases, this means filling out an ATF Form 7, which is | | | | dealer they usually help you with all the paperwork. |
| an Application for License. The individual that is | | | | The Form 4 ATF is also pretty clear to understand |
| applying for the federal firearms license must fill out | | | | anyway. |
| this ATF Form. | | | | In most cases, if you are doing an in state transfer |
| Keep in mind that if you are attempting to open | | | | you can do so without a dealer. |
| more than one sales locations dealing with firearms, | | | | If the weapon you want is out of state then you will |
| you must file a new application, including the | | | | need a transferring dealer. |
| application fee for each new location. The fee is $ | | | | Either way, most of the time you will have to pay |
| 200.00 for the first 3 years. Then becomes $90.00 | | | | for the weapon before all the paperwork even |
| upon renewal. The process of applying for a federal | | | | starts. |
| firearms license might seem overwhelming however; | | | | Another important fact is that Form 4 does not allow |
| the process is actually quite simple. Almost anyone | | | | your corporation to possess NFA weapons. NFA |
| can handle it with just a little help. The process is not | | | | weapons are: machine guns, sound suppressors (a.k.a. |
| immediate. If you do everything correctly from the | | | | silencers), short barreled shotguns, short-barreled |
| start, receiving your FFL usually only takes weeks, | | | | rifles, destructive devices, etc. |
| not months. You might also find that the time you | | | | ATF Form 4473 |
| spend waiting to receive your license is a great | | | | This form is a Firearms Transaction Record, which all |
| opportunity to get your business open and | | | | firearms purchasers are required to complete before |
| functioning. As long as you take the time to go over | | | | buying a gun from a federal firearms licensee. Every |
| everything thoroughly and review all of the | | | | year, the Bureau of Alcohol, Tobacco, Firearms and |
| requirements before applying for the license, the | | | | Explosives (ATF) discovers thousands of licensed gun |
| application process should go very smoothly. | | | | dealers in obvious violation of federal law even for |
| Form 4 ATF | | | | only minor problems. |
| This form is a per-item transfer form. It is much like | | | | |