The multi-talented 20-year-old, who is currently on a massive tour to promote her new album Speak Now, has inked an exclusive deal with the cosmetics giant.
Swift said in a statement to HollywoodLife.com: 'I have always loved how fragrance can shape a memory, the way certain scents remind you of events and people that are imprinted in your thoughts.'
She added: 'Lately, I've been having fun experimenting with combining some of my favourite scents, so I’m really excited about working with Elizabeth Arden to develop my own unique fragrance.'
Swift’s first scent is expected to go on sale next autumn.