Hello everyone! My name is Joe and I'm pleased to announce the beginning of a new FFL in Addis, LA. If you can't already tell by the name, I'm a combat veteran of the USAF and have done a couple tours in a couple sandboxes. I have a passion for all shooting sports, and I've decided to turn my personal hobby into a second source of income. This thread will serve as an informational update on applying for an FFL and turning my dream into a reality.
Current status of application:
Apply for FEIN (complete)
Apply for LLC with Louisiana Secretary of State (complete)
Attend Addis Planning and Zoning meeting, 11/15/16 (complete)
Attend Addis Town meeting, 12/7/16 (complete)
Apply for FFL Type 07 ($150/3yr, complete)
Formal ATF visit (complete 3/15/17)
Receive FFL (complete 4/17/17)
Set up NICS account once eligible with FFL (Complete)
Buy/sell/transfer Title 1 firearms for friends/family/coworkers/etc... (First transfer in progress!)
Open business checking account (complete)
Set up invoicing/online payment/credit cards/etc (pending)
Set up wholesale accounts (now eligible with FFL)
ON HOLD UNTIL JULY....
Pay taxes for SOT Class 02 ($500/yr)
Sell/transfer NFA firearms in addition to Title 1 firearms
ON HOLD UNTIL FURTHER NOTICE....
Pay DDTC tax to Department of state (~$2700/yr)
Manufacture NFA and Title 1 firearms for sale to public
The purpose of this thread is to provide an informative look into what it takes to become an FFL 07/02, and not necessarily to advertise my (newly established) FFL. Hopefully others will find this useful. I welcome any constructive comments and information you may have as I go along.
Best way to contact me is through PM on this site.
Thanks!
Joseph Morgan
Owner, Infidel Automatics
Current status of application:
Apply for FEIN (complete)
Apply for LLC with Louisiana Secretary of State (complete)
Attend Addis Planning and Zoning meeting, 11/15/16 (complete)
Attend Addis Town meeting, 12/7/16 (complete)
Apply for FFL Type 07 ($150/3yr, complete)
Formal ATF visit (complete 3/15/17)
Receive FFL (complete 4/17/17)
Set up NICS account once eligible with FFL (Complete)
Buy/sell/transfer Title 1 firearms for friends/family/coworkers/etc... (First transfer in progress!)
Open business checking account (complete)
Set up invoicing/online payment/credit cards/etc (pending)
Set up wholesale accounts (now eligible with FFL)
ON HOLD UNTIL JULY....
Pay taxes for SOT Class 02 ($500/yr)
Sell/transfer NFA firearms in addition to Title 1 firearms
ON HOLD UNTIL FURTHER NOTICE....
Pay DDTC tax to Department of state (~$2700/yr)
Manufacture NFA and Title 1 firearms for sale to public
The purpose of this thread is to provide an informative look into what it takes to become an FFL 07/02, and not necessarily to advertise my (newly established) FFL. Hopefully others will find this useful. I welcome any constructive comments and information you may have as I go along.
Best way to contact me is through PM on this site.
Thanks!
Joseph Morgan
Owner, Infidel Automatics
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