diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9eea3a41..3da5e8ef 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+## 1.50.0 [unreleased]
+
+### Features
+
+1. [696](https://github.com/influxdata/influxdb-client-python/pull/696): Move "setuptools" package to build dependency.
+
 ## 1.49.0 [2025-05-22]
 
 ### Bug Fixes
diff --git a/conda/meta.yaml b/conda/meta.yaml
index af5027bd..33a0c26c 100644
--- a/conda/meta.yaml
+++ b/conda/meta.yaml
@@ -1,5 +1,5 @@
 {% set name = "influxdb_client" %}
-{% set version = "1.48.0" %}
+{% set version = "1.49.0" %}
 
 
 package:
@@ -7,8 +7,8 @@ package:
   version: {{ version }}
 
 source:
-  url: https://files.pythonhosted.org/packages/11/47/b756380917cb4b968bd871fc006128e2cc9897fb1ab4bcf7d108f9601e78/influxdb_client-1.48.0.tar.gz
-  sha256: 414d5b5eff7d2b6b453f33e2826ea9872ea04a11996ba9c8604b0c1df57c8559
+  url: https://files.pythonhosted.org/packages/2a/f3/9c418215cf399529175ed5b198d15a21c2e29f28d90932107634b375c9ee/influxdb_client-1.49.0.tar.gz
+  sha256: 4a53a218adef6ac9458bfbd31fa08c76194f70310c6b4e01f53d804bd2c48e03
 
 build:
   number: 0
diff --git a/influxdb_client/version.py b/influxdb_client/version.py
index 9c626c0c..03ca288e 100644
--- a/influxdb_client/version.py
+++ b/influxdb_client/version.py
@@ -1,3 +1,3 @@
 """Version of the Client that is used in User-Agent header."""
 
-VERSION = '1.49.0'
+VERSION = '1.50.0dev0'
diff --git a/pyproject.toml b/pyproject.toml
new file mode 100644
index 00000000..20c12656
--- /dev/null
+++ b/pyproject.toml
@@ -0,0 +1,3 @@
+[build-system]
+requires = ["setuptools>=21.0.0"]
+build-backend = "setuptools.build_meta"
\ No newline at end of file
diff --git a/setup.py b/setup.py
index cda0d087..76c2748c 100644
--- a/setup.py
+++ b/setup.py
@@ -8,7 +8,6 @@
     'reactivex >= 4.0.4',
     'certifi >= 14.05.14',
     'python_dateutil >= 2.5.3',
-    'setuptools >= 21.0.0',
     'urllib3 >= 1.26.0'
 ]