diff --git a/setup.py b/setup.py
index 20ac1440..53105aa5 100644
--- a/setup.py
+++ b/setup.py
@@ -1,12 +1,46 @@
-from setuptools import setup, find_packages
+import setuptools
 
-# Metadata is now in pyproject.toml, but we need this file for backwards compatibility
-setup(
+with open("README.md", "r", encoding='utf-8') as fh:
+    long_description = fh.read()
+
+setuptools.setup(
     name="basyx-python-sdk",
-    packages=find_packages(exclude=["test", "test.*"]),
+    version="0.1.0",
+    author="The Eclipse BaSyx Authors",
+    description="The Eclipse BaSyx Python SDK, an implementation of the Asset Administration Shell for Industry 4.0 systems",
+    long_description=long_description,
+    long_description_content_type="text/markdown",
+    url="https://github.com/eclipse-basyx/basyx-python-sdk",
+    packages=setuptools.find_packages(exclude=["test", "test.*"]),
+    zip_safe=False,
     package_data={
         "basyx": ["py.typed"],
         "basyx.aas.examples.data": ["TestFile.pdf"],
     },
-
+    classifiers=[
+        "Programming Language :: Python :: 3",
+        "License :: OSI Approved :: MIT License",
+        "Operating System :: OS Independent",
+        "Development Status :: 5 - Production/Stable",
+    ],
+    entry_points={
+        'console_scripts': [
+            "aas-compliance-check = basyx.aas.compliance_tool.cli:main"
+        ]
+    },
+    python_requires='>=3.8',
+    install_requires=[
+        'python-dateutil>=2.8,<3',
+        'lxml>=4.2,<5',
+        'urllib3>=1.26,<2.0',
+        'pyecma376-2>=0.2.4',
+    ],
+    extras_require={
+        'dev': [
+            'pytest>=6.0',
+            'flake8>=3.8',
+            'coverage',
+            # Add any other development dependencies here
+        ],
+    },
 )