If you are planning on starting a new firearms business (dealer, manufacturer, or importer), you really need to consider proper corporate/company protections that are available, as well as, ensuring that the Operating Agreement or By-Laws are tailored to your business in the firearms industry. While I have been providing this service for Pennsylvania Federal Firearms … Continue reading Starting Your New Firearms Business – FFL/LLC Formation
Category: Firearms Law
Annual Firearms Manufacturing and Exportation Report Due Soon Even if You Didn’t Manufacture!
All manufacturers will have until April 2nd, 2012 (not April 1, 2012, since it falls on a Sunday) to file their annual manufacturing report. While ATF should have mailed you out a copy, if you didn't receive a copy, here is a copy of the ATF Form 5300.11. For those who are unaware, you can … Continue reading Annual Firearms Manufacturing and Exportation Report Due Soon Even if You Didn’t Manufacture!
Prince Law Office, P.C.’s 2nd Annual Machine Gun Shoot and Birthday Bash – May 19, 2012
Prince Law Offices, P.C. will be hosting the second annual machine gun shoot at Eastern Lancaster County Rod and Gun Club on May 19, 2012, in celebration of your PA Gun Attorney Joshua Prince's birthday on May 24th. Eastern Lancaster Rod and Gun Club is located at 966 Smyrna Road, Kinzers, PA 17535. It will … Continue reading Prince Law Office, P.C.’s 2nd Annual Machine Gun Shoot and Birthday Bash – May 19, 2012
Firearm Imports on the Rise while Exports Decline Substantially
By Joshua Prince, Esq. The National Shooting Sports Foundation (NSSF) issued a report depicting the importation and exportation data for December of 2011. Their report for both importation and exportation is broken down into six categories: Handgun; Rifle; Shotgun; Muzzle Loader; Other Cartridges; and Shotgun Cartridges; Importation: The importation statistics showed that imports increased 3.2% … Continue reading Firearm Imports on the Rise while Exports Decline Substantially
ATF Enters into Rulemaking to Extend the Term for an Import License
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF or BATFE) entered into ruelmaking the other day to extend the term for an Import License. The Attorney General of the United States is responsible for enforcing Section 38 of the Arms Export Control Act (AECA), the Gun Control Act, and the National Firearms Act. The … Continue reading ATF Enters into Rulemaking to Extend the Term for an Import License
FFLs Take Notice – Manufacturer and Importer Must Be Listed in Your A&D Books!
All Federal Firearms Licensees need to take notice that both the Manufacturer and the Importer must be listed in his/her/its Bound Books, pursuant to 27 C.F.R. 478.125(e). While many FFLs just list the manufacturer, especially when the manufacturer and importer are the same (or the same company but different corporate structures throughout the world). Recently, … Continue reading FFLs Take Notice – Manufacturer and Importer Must Be Listed in Your A&D Books!
Is Now a Good Time to Start a Firearms Business?
From time to time, clients will inquire about when is the best time to start a firearms business? I always respond, "When isn't it a good time to start a firearms business?" Obviously, there are no crystal balls and a lot depends on your own marketing ability, as well as the demeanor of the current … Continue reading Is Now a Good Time to Start a Firearms Business?
SHOT Show 2012 – ATF Town Hall Meeting and NFATCA Meeting – Dealers and Manufacturers Take Notice
The ATF Town Hall meeting was held on Wednesday, January 18, 2012, and the NFATCA meeting was held tonight. While there was nothing earth shattering from the Town Hall meeting, there were some very interesting issues that were discussed at the NFATCA meeting. With regards to the ATF Town Hall, the big issue discussed was … Continue reading SHOT Show 2012 – ATF Town Hall Meeting and NFATCA Meeting – Dealers and Manufacturers Take Notice
First Day of the SHOT Show
The first day of the SHOT Show kicked off at the Sands Expo and Convention Center in Las Vegas, Nevada and was busy from the get-go. We visited several of the exhibitors and learned about many new companies and products, but fell far short of seeing everything the Show has to offer. Tomorrow, we hope … Continue reading First Day of the SHOT Show
Highlights from the SHOT Show’s Media Day at the Range
The kickoff to the SHOT Show - held in Las Vegas, Nevada - was Media Day at the Range. The Sporting, Hunting, Outdoor Trade Show is billed as the “largest and most comprehensive trade show for all professionals involved with the shooting sports, hunting and law enforcement industries.” Media Day provided members from all forms … Continue reading Highlights from the SHOT Show’s Media Day at the Range
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