diff --git a/LICENSE.md b/LICENSE.md
index b7e29289..d364891f 100644
--- a/LICENSE.md
+++ b/LICENSE.md
@@ -1,39 +1,17 @@
 Software License Agreement
 ==========================
 
-@ckeditor/ckeditor5-react – Official CKEditor 5 React component.
-Copyright (c) 2003-2018, CKSource – Frederico Knabben. All rights reserved.
+**CKEditor 5 Component for React** – https://github.com/ckeditor/ckeditor5-react <br>
+Copyright (c) 2003-2018, [CKSource](http://cksource.com) Frederico Knabben. All rights reserved.
 
-Licensed under the terms of the MIT License (see Appendix A):
-
-	http://en.wikipedia.org/wiki/MIT_License
+Licensed under the terms of [GNU General Public License Version 2 or later](http://www.gnu.org/licenses/gpl.html).
 
 Sources of Intellectual Property Included in CKEditor
 -----------------------------------------------------
 
-Where not otherwise indicated, all @ckeditor/jsdoc-plugins content is authored by CKSource engineers and consists of CKSource-owned intellectual property. In some specific instances, @ckeditor/jsdoc-plugins will incorporate work done by developers outside of CKSource with their express permission.
-
-Appendix A: The MIT License
----------------------------
-
-The MIT License (MIT)
-
-Copyright (c) 2003-2018, CKSource – Frederico Knabben
-
-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:
+Where not otherwise indicated, all CKEditor content is authored by CKSource engineers and consists of CKSource-owned intellectual property. In some specific instances, CKEditor will incorporate work done by developers outside of CKSource with their express permission.
 
-The above copyright notice and this permission notice shall be included in
-all copies or substantial portions of the Software.
+Trademarks
+----------
 
-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.
+**CKEditor** is a trademark of [CKSource](http://cksource.com) Frederico Knabben. All other brand and product names are trademarks, registered trademarks or service marks of their respective holders.
diff --git a/README.md b/README.md
index abedeed9..9a039aa7 100644
--- a/README.md
+++ b/README.md
@@ -394,3 +394,7 @@ It builds a minified version of the package which is ready to publish.
 ```bash
 npm run build
 ```
+
+## License
+
+Licensed under the terms of [GNU General Public License Version 2 or later](http://www.gnu.org/licenses/gpl.html). For full details about the license, please check the LICENSE.md file.
diff --git a/package.json b/package.json
index a2ae2a08..8edd0ce5 100644
--- a/package.json
+++ b/package.json
@@ -62,7 +62,7 @@
     "url": "https://github.com/ckeditor/ckeditor5-react.git"
   },
   "author": "CKSource (http://cksource.com/)",
-  "license": "MIT",
+  "license": "GPL-2.0-or-later",
   "bugs": {
     "url": "https://github.com/ckeditor/ckeditor5-react/issues"
   },