diff --git a/modules/repository/init.go b/modules/repository/init.go
index 59284a5bafc81..c983935760ac9 100644
--- a/modules/repository/init.go
+++ b/modules/repository/init.go
@@ -11,6 +11,7 @@ import (
 	"path"
 	"path/filepath"
 	"sort"
+	"strconv"
 	"strings"
 	"time"
 
@@ -282,6 +283,18 @@ func prepareRepoCommit(ctx context.Context, repo *repo_model.Repository, tmpDir,
 	// LICENSE
 	if len(opts.License) > 0 {
 		data, err = GetRepoInitFile("license", opts.License)
+
+		// Replace Placeholders in License
+		data = bytes.ReplaceAll(data, []byte("<program>"), []byte(repo.Name))
+		data = bytes.ReplaceAll(data, []byte("[NAME]"), []byte(repo.OwnerName))
+		data = bytes.ReplaceAll(data, []byte("<owner>"), []byte(repo.OwnerName))
+		data = bytes.ReplaceAll(data, []byte("<name of author>"), []byte(repo.OwnerName))
+		data = bytes.ReplaceAll(data, []byte("<copyright holders>"), []byte(repo.OwnerName))
+		data = bytes.ReplaceAll(data, []byte("<year>"), []byte(strconv.Itoa(time.Now().Year())))
+		data = bytes.ReplaceAll(data, []byte("[YEAR]"), []byte(strconv.Itoa(time.Now().Year())))
+		data = bytes.ReplaceAll(data, []byte("{YEAR}"), []byte(strconv.Itoa(time.Now().Year())))
+		data = bytes.ReplaceAll(data, []byte("<one line to give the program's name and a brief idea of what it does.>"), []byte(repo.Description))
+
 		if err != nil {
 			return fmt.Errorf("GetRepoInitFile[%s]: %w", opts.License, err)
 		}