diff --git a/.gitignore b/.gitignore
index 50e17d5..6f627da 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1,2 +1,6 @@
 *.pyc
 /vqf-venv/*
+.venv/
+build/
+dist/
+vqf.egg-info/
diff --git a/README.md b/README.md
index 95b31b3..175d7e1 100644
--- a/README.md
+++ b/README.md
@@ -63,3 +63,14 @@ I do not claim that the preprocessing part is perfect, though from manual inspec
 - Current version of code doesn't produce correct results for number 1465 (factors: 293 and 5). This doesn't happen always (see note about randomness above).
 - There are still some additional rules to add / cases to fix (see TODO in `preprocessing.py`).
 - In cases exhibiting some form of symmetry (as described [here](https://arxiv.org/pdf/1411.6758.pdf)), procedure of calculating squared overlap might give wrong results. The fix for numbers 56153 and 291311, has been hardcoded, but it's far from being elegant and general solution.
+
+## Installation
+
+To install this package, run the following command:
+
+```
+pip install git+https://github.com/mstechly/vqf.git
+```
+
+Please note that the installation requires the correct versions of `pyquil` and `grove` as specified in the `setup.py` file.
+
diff --git a/pip_freeze.txt b/pip_freeze.txt
index b9ed869..9c8cead 100644
--- a/pip_freeze.txt
+++ b/pip_freeze.txt
@@ -1,30 +1,32 @@
-antlr4-python3-runtime==4.7.2
-certifi==2019.3.9
-chardet==3.0.4
-cycler==0.10.0
-decorator==4.4.0
-funcsigs==1.0.2
-future==0.17.1
-idna==2.8
-immutables==0.6
-kiwisolver==1.1.0
-matplotlib==3.1.0rc2
-mock==3.0.5
-mpmath==1.1.0
-msgpack==0.6.1
-networkx==2.3
-numpy==1.16.3
-pyparsing==2.4.0
-pyquil==2.6.0
-python-dateutil==2.8.0
-python-rapidjson==0.7.1
-pyzmq==18.0.1
-quantum-grove==2.0.0b0
-requests==2.21.0
-rpcq==2.5.1
-ruamel.yaml==0.15.94
-scipy==1.3.0rc2
-six==1.12.0
-sympy==1.4
-typing==3.6.6
-urllib3==1.24.3
\ No newline at end of file
+antlr4-python3-runtime
+certifi
+chardet
+cycler
+decorator
+funcsigs
+future
+idna
+immutables
+kiwisolver
+matplotlib
+mock
+mpmath
+msgpack
+networkx
+numpy
+pyparsing
+pyquil
+python-dateutil
+python-rapidjson
+pyzmq
+quantum-grove
+requests
+rpcq
+ruamel.yaml
+scipy
+six
+sympy
+typing
+urllib3
+poetry
+setuptools
\ No newline at end of file
diff --git a/pyproject.toml b/pyproject.toml
new file mode 100644
index 0000000..758516c
--- /dev/null
+++ b/pyproject.toml
@@ -0,0 +1,15 @@
+[tool.poetry]
+name = "vqf"
+version = "0.1.0"
+description = "This repository contains implementation of the algorithm presented in the article \"Variational Quantum Factoring\", by Eric R. Anschuetz, Jonathan P. Olson, Alán Aspuru-Guzik, Yudong Cao."
+authors = ["Michal Stechly"]
+license = "Apache"
+readme = "README.md"
+
+[tool.poetry.dependencies]
+python = "^3.10"
+
+
+[build-system]
+requires = ["poetry-core"]
+build-backend = "poetry.core.masonry.api"
diff --git a/requirements.txt b/requirements.txt
index ee3cc8c..2705e8d 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,3 +1,3 @@
-sympy==1.4
-pandas==0.24.2
-pytest==4.6.2
\ No newline at end of file
+sympy
+pandas
+pytest
diff --git a/setup.py b/setup.py
new file mode 100644
index 0000000..51cb323
--- /dev/null
+++ b/setup.py
@@ -0,0 +1,18 @@
+from setuptools import setup, find_packages
+
+setup(
+    name="vqf",
+    version="0.1.0",
+    description="This repository contains an implementation of the algorithm presented in the article \"Variational Quantum Factoring\", by Eric R. Anschuetz, Jonathan P. Olson, Alán Aspuru-Guzik, Yudong Cao.",
+    author="Michal Stechly",
+    license="Apache",
+    packages=find_packages(),
+    python_requires=">=3.10",
+    install_requires=open("requirements.txt").readlines(),
+    classifiers=[
+        "Programming Language :: Python :: 3",
+        "Programming Language :: Python :: 3.10",
+        "License :: OSI Approved :: Apache License",
+        "Operating System :: OS Independent",
+    ],
+)