Summarize the following:
Commonly referred to as ATF Form 7, this form is the actual application for your Federal Firearm License. ATF Form 5310.12 is an eighteen-page form covering a variety of topics related to your and how you plan to operate your sale of firearms business.  The form will require a wide array of information, including personal information for every owner or partner in the business, prior criminal record information, and business details ranging from hours of operation to an Employer Identification Number (as proof of the business).  You can find the form online at: http://www.atf.gov/files/forms/download/atf-f-5310-12.pdf  The fee associated with the application will depend upon the FFL Type for which you are applying. In order to eventually obtain your Class 3 Special Occupational Tax license—which expands the FFL scope to include National Firearms Act (NFA) items—you want to apply for a Type 1 FFL, which has a fee of $200. This form is a certification of compliance attesting to the status of the applicant as a U.S. citizen or permanent resident alien. These are fingerprint identification cards that you must take down to a local law enforcement agency to have prepared. Two cards must be completed for each responsible person in your business. Responsible people according to the ATF include, "a sole proprietor, partner, or anyone having the power to direct the management, policies, and practices of the business as it pertains to firearms. In a corporation this includes corporate officers, shareholders, board members, or any other employee with the legal authority.” In addition to two fingerprint cards, the ATF also requires two 2”x2” photos of each person completing the fingerprint identification cards. You can obtain these photos anywhere that passport photos are taken. Once your forms have been filed and your fees processed, the ATF field office with jurisdiction over your location will schedule an in-person interview with an Industry Operations Investigator (IOI). The IOI will thoroughly cover your application with you ensuring all information is current and correct, and he or she will also cover state and local requirements based on your area.  The IOI will need to speak with all owners, partners, and responsible parties listed on the application. The IOI will verify that all parties are at least twenty-one years of age, that they have truthfully provided accurate information, and that the business details are correct, including EIN and business license information. The IOI will also personally follow up with proper authorities to verify the criminal record information described in the application. Some of the most common reasons an IOI may report to deny the FFL include failure to comply with state or local law (such as zoning ordinances for your business), evidence of previous willful violations of the Gun Control Act of 1968, or evidence of willful falsification on the submitted application. Assuming the background check of all of the responsible parties in your business check out and the appropriate forms were submitted correctly, the entire process before receiving your license will take roughly sixty days to complete.
Complete ATF Form 5310.12. Complete ATF Form 5330.20. Complete two FD-258 cards for each responsible person. Submit two 2”x2” photos for each responsible person. Interview with an Industry Operations Investigator. Wait approximately sixty days.