Type 01 FFLs
Buy, Sell, and Deal in Firearms
What is a 01 FFL?
A Type 1 Federal Firearms License is the most common license for those who want to buy, sell, and perform gunsmithing work on firearms. It permits the sale and transfer of standard firearms but prohibits the manufacturing of firearms, including assembly kits. This entry-level FFL type is the easiest and cheapest to get, but also the most limiting in some ways,
Advantages and Disadvantages of a Type 01 FFL
Advantages
- Requires minimal paperwork and has the lowest barrier to entry among FFL license types
- Ideal for buying and selling commercially available firearms and performing basic gunsmithing tasks like repairs, re-barreling, engraving, or customization.
- A great starting point for entering the business of firearms as a dealer or gunsmith
Disadvantages
- Cannot sell, make, or receive National Firearms Act (NFA items) like short-barreled rifles, suppressors, machine guns, or destructive devices like grenades or flamethrowers.
- Selling NFA firearms requires a Special Occupational Taxpayer license – SOT Class 3 – as well as a different license for a manufacturer of firearms or ammunition.
Electronic 4473
FastBound™ transforms any computer, tablet, or even the buyer’s smartphone into a compliant 4473 with digital signature and digital storage support with no transaction fees or special hardware requirements.
Leading Integrations
With more integrations than any other FFL Software provider, our open REST API makes FastBound™ the leading choice among software provides who are serious about their customer’s firearms compliance.
Compliance backed by legal defense
FastBound™ was the first to engage an FFL law firm to back their FFL Software with a guaranteed legal defense related to the use of its software–often imitated, never duplicated.
Type 01 FFL Requirements
Applications must meet several federal and state requirements to ensure compliance with firearms laws and regulations.
The basic federal requirements are:
- Be at least 21 years of age and a U.S. citizen or legal permanent resident
- Legally allowed to possess firearms and ammunition (no felony convictions, controlled substance abuse, or disqualifying mental health issues)
- Have a predetermined physical location for conducting your FFL business activities
- No violations of the Gun Control Act or other firearms regulations
- Responsible persons must complete and submit the ATF Form to the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF)
- Pay the associated application fee/tax stamp – $200 for the initial business license and $90 for renewal every 3 years
Most states require the Federal Firearms Licensee to register their business with the state government, obtain a state firearms license after receiving the federal license, and secure zoning permissions for their business location.
If you’re applying for a home-based FFL, you must ensure your activities won’t generate significant foot traffic to comply with local zoning rules. Retail locations must follow all relevant zoning regulations.
How FastBound Can Help
FastBound offers an all-in-one solution for Type 1 FFL holders to simplify compliance and streamline business operations. With FastBound, you can create unlimited, ATF-compliant bound books, turning any computer, tablet, or smartphone into a compliant 4473 with digital signature support.
Our software includes automated multi-state background checks, A&D record tracking, and multi-sale reporting, ensuring gun dealers stay compliant with any type of FFL. FastBound’s attorney-backed legal defense provides peace of mind, protecting your firearm business from potential license revocations or transfer denials. We ensure compliance with federal, state, and local law enforcement while helping you focus on growing your business.
