diff --git a/LICENSE b/LICENSE
new file mode 100644
index 0000000..12a8196
--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,21 @@
+The MIT License
+
+Copyright (c) 2010
+
+Permission is hereby granted, free of charge, to any person obtaining a copy
+of this software and associated documentation files (the "Software"), to deal
+in the Software without restriction, including without limitation the rights
+to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
+copies of the Software, and to permit persons to whom the Software is
+furnished to do so, subject to the following conditions:
+
+The above copyright notice and this permission notice shall be included in
+all copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
+FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
+AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
+LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
+OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN
+THE SOFTWARE.
diff --git a/README b/README
index 4419229..7a68e52 100644
--- a/README
+++ b/README
@@ -21,4 +21,12 @@ LUA51_LIB_DIR
 default: undefined
 defining this overrides the pkg-config mechanism to create the LD_FLAGS
 
+Licensing 
+-------------------------
+GoLua is released under the MIT license.
+Please see the LICENSE file for more information.
+
+Lua is Copyright (c) Lua.org, PUC-Rio.  All rights reserved.
+
+