diff --git a/backend/app/plugins/wiaas/includes/class-wiaas-package.php b/backend/app/plugins/wiaas/includes/class-wiaas-package.php
index 5c4dea8..137b999 100644
--- a/backend/app/plugins/wiaas/includes/class-wiaas-package.php
+++ b/backend/app/plugins/wiaas/includes/class-wiaas-package.php
@@ -12,6 +12,7 @@ class Wiaas_Package {
 		require_once dirname( __FILE__ ) . '/package/class-wiaas-package-option-groups.php';
 
 		require_once dirname( __FILE__ ) . '/package/class-wiaas-package-type.php';
+		require_once dirname( __FILE__ ) . '/package/class-wiaas-package-status.php';
 
 		require_once dirname( __FILE__ ) . '/package/wiaas-package-functions.php';
 
diff --git a/backend/app/plugins/wiaas/includes/package/class-wiaas-package-status.php b/backend/app/plugins/wiaas/includes/package/class-wiaas-package-status.php
new file mode 100644
index 0000000..cc1e339
--- /dev/null
+++ b/backend/app/plugins/wiaas/includes/package/class-wiaas-package-status.php
@@ -0,0 +1,105 @@
+<?php
+
+if ( ! defined( 'ABSPATH' ) ) {
+	exit; // Exit if accessed directly
+}
+
+
+/**
+ * Class Wiaas_Package_Status
+ */
+
+
+class Wiaas_Package_Status {
+
+    public const AVAILABLE = 'available';
+    public const INVALID_MARGIN = 'margin_exceeded';
+    public const INVALID_TEMPLATE = 'invalid_template';
+
+	public static function init() {
+		add_action('init', array( __CLASS__, 'register_package_status_taxonomy' ) );
+	}
+
+	/**
+	 * Register wiaas package status taxonomy
+	 */
+	public static function register_package_status_taxonomy() {
+
+		$labels = array(
+			'name'              => _x( 'Package status', 'taxonomy general name', 'wiaas' ),
+			'singular_name'     => _x( 'Package status', 'taxonomy singular name', 'wiaas' ),
+			'search_items'      => __( 'Search Package statuses', 'wiaas' ),
+			'all_items'         => __( 'All Package statuses', 'wiaas' ),
+			'parent_item'       => __( 'Parent Package status', 'wiaas' ),
+			'parent_item_colon' => __( 'Parent Package status:', 'wiaas' ),
+			'edit_item'         => __( 'Edit Package status', 'wiaas' ),
+			'update_item'       => __( 'Update Package status', 'wiaas' ),
+			'add_new_item'      => __( 'Add New Package status', 'wiaas' ),
+			'new_item_name'     => __( 'New Package status Name', 'wiaas' ),
+			'menu_name'         => __( 'Package status', 'wiaas' ),
+		);
+
+		$args = array(
+			'hierarchical'      => false,
+			'labels'            => $labels,
+			'show_ui'           => false,
+			'show_admin_column' => true,
+			'query_var'         => true,
+			'rewrite'           => array( 'slug' => 'package_status' ),
+		);
+
+		register_taxonomy( 'package_status', array( 'product' ), $args );
+
+
+		// Register available package statuses
+
+		$statuses = [self::AVAILABLE, self::INVALID_MARGIN, self::INVALID_TEMPLATE];
+
+		foreach ($statuses as $status) {
+			wp_insert_term($status, 'package_status');
+		}
+	}
+
+	/**
+	 * Retrieve available wiaas package statuses
+	 * @return array
+	 */
+	public static function get_available_package_statuses() {
+		$statuses = get_terms( array(
+         'taxonomy' => 'package_status',
+         'hide_empty' => false,
+        ) );
+
+		return array_map(function($status) {
+			return $status->name;
+		}, $statuses);
+	}
+
+	/**
+	 * Retrieve package status for provided package id
+	 * @param $package_id
+	 *
+	 * @return null
+	 */
+	public static function get_package_status($package_id) {
+        $terms = wp_get_object_terms($package_id, 'package_status');
+		$package_status = isset($terms[0]) ? $terms[0]->name : null;
+		return $package_status;
+	}
+
+	/**
+	 * Set package status for provided package id
+	 * @param $package_id
+	 * @param $status
+	 */
+	public static function set_package_status($package_id, $status) {
+
+		wp_delete_object_term_relationships( $package_id, 'package_status' );
+
+		if (isset($status)) {
+			wp_set_object_terms($package_id, $status, 'package_status', false);
+		}
+	}
+}
+
+Wiaas_Package_Status::init();
\ No newline at end of file