New Mexico FFL – How To Get A New Mexico FFL
Have you ever thought about how to get a New Mexico FFL license and wondered what the associated cost may be ? If you wish to be in the business of selling and transferring firearms in New Mexico the FFL licensing requirements are very strict and a qualified attorney can tell you what it takes, and how to receive your New Mexico FFL.
New Mexico FFL attorneys can be of great assistance if you are in the process of obtaining your Federal Firearms License in NM. Representing gun dealers in matters concerning the Bureau Of Alcohol Tobacco Firearms and Explosives, an FFL compliance lawyer can be of great assistance for advice during the formation of your NM FFL corporate structure or what you can and cannot do with a class 3 weapons license.
New Mexico attorneys can also help you in matters concerning revocation of your Federal Firearms License and compliance inspections. Having the help of someone that has been through the process on multiple occasions limits your chances of being denied.
Federal Firearms License Application Fee – New Mexico
Fees vary depending upon the type of license you are wanting to obtain. Fees range from $30 for a New Mexico C&R license up to $200 for other types of licenses. These fees are required to paid when you submit your application to the BATFE. The application fees in no way guarantee that you application will be approved. There may also be fees imposed by the State of New Mexico if you are wishing to start a business.
Home Based FFL In NM
Information on how to get a Home Based FFL in New Mexico can be found on the home based FFL page.
Federal Firearms License Types
There are 9 different types of licenses that are available and each one gives you different options when it comes to handling, importing, repairing, manufacturing and selling firearms in New Mexico.
Class 03 SOT Special Occupation Tax
Please note that if you plan on selling NFA items such as suppressors in New Mexico you will need to apply for a SOT in addition to your chosen FFL. The SOT is a special occupation tax which grants you the ability to deal in NFA items.
Class 01 Firearms License
Dealer in Firearms Other Than Destructive Devices
The Type 1 FFL License in New Mexico allows you the ability to deal in Title 1 firearms, it also includes NM gunsmiths that may take in and repair weapons.
Class 02 Firearms License
Pawnbroker in Firearms Other Than Destructive Devices
The type 02 firearms license allows pawnbrokers the ability to take in and return to the person who holds the pawn ticket, firearms that they have loaned money on.
Class 3 Firearms License
Collector of Curios and Relics (C&R)
The NM C&R license allows individuals the ability to collect C&R firearms in NM. These firearms must be manufactured 50 years prior to the current date, this does not include newly manufactured replica firearms.
With a C&R license in New Mexico you may purchase these collectable firearms and have them shipped directly to your home thus avoiding any NM FFL transfer fees and background checks. Please note that avoiding the background checks and FFL transfer fees only apply to those firearms that fall within the category of C&R firearms.
You can not purchase modern day firearms with a C&R license. More information on how to get a C&R license in New Mexico can be found at the link above.
Manufacturer of Ammunition for Firearms
The type 06 allows you to manufacture ammunition ( with the exception of armor piercing rounds) and sell to the general public. You do not need a 06 license if you reload as a hobby, however, you may not sell any ammunition you reload as a hobby to the general public without facing stiff fines and penalties including incarceration.
Class 07 Firearms License
Manufacturer of Firearms Other Than Destructive Devices
The type 07 FFL license allows New Mexico businesses to manufacture firearms and ammo and sell to the general public. It does not allow you to manufacture any firearm that may fall under the guidelines of the National Firearms Act, unless you also get a 02 SOT.
Class 08 Firearms License
Importer of Firearms Other Than Destructive Devices
The type 08 license allows you to import title 1 ammunition and firearms from other countries.
Class 09 Firearms License
Dealer in Destructive Devices
The type 09 license allows you the ability to deal in title 1 firearms and those items which are considered destructive devices by the National Firearms Act. It does not include any other items that may be regulated by the act.
Class 10 Firearms License
Manufacturer of Destructive Devices
The type 10 License allows you the ability to manufacture Title 1 firearms, ammunition, ammunition components and destructive devices. It does not include armor piercing rounds or any other items that may be regulated by the National Firearms Act.
Class 11 Firearms License
Importer of Destructive Devices
The type 11 FFL License allows you the ability to import Title 1 firearms, regulated destructive devices and ammunition.
Please note that the above descriptions are brief and you may find more information by visiting the Bureau of Alcohol Tobacco Firearms and Explosives website.
Can I Get A FFL With My New Mexico Gun Trust ?
In short the answer would be no. A New Mexico gun trust is neither a person or a corporation and therefore will not be issued a Federal Firearms License. However, a trust can be the owner of a LLC or Corporation which in fact can apply for an FFL.
FFL Dealer Requirements In New Mexico
As an FFL holder you must keep strict records of all transactions. Each sale must be recorded and your paperwork will on occasion be audited by the BATFE. You also must be at least 21 years of age with a clean criminal history.
A secure environment may also required as well as adhering to any State of New Mexico , local or community laws, including zoning requirements if required. You must be a legal resident of the United States.
If you have served our country in any of the armed services you must have had an honorable discharge. You must not have been a psychological patient or a user of controlled substances.
Getting an FFL license in New Mexico may enable you to purchase firearms and ammo at dealer prices. This may enable you to start a great new business or hobby. Contact any of our New Mexico Federal Firearms License Attorneys today to find out what any associated legal cost may be. Also remember to get your class 3 weapons license.