A bijective map , where is a finite set, is called a \emph{set-theoretic solution of the Yang-Baxter equation} (YBE) if the braid relation holds in A non-degenerate involutive solution satisfying , for all , is called \emph{square-free solution}. There exist close relations between the square-free set-theoretic solutions of YBE, the semigroups of I-type, the semigroups of skew polynomial type, and the Bieberbach groups, as it was first shown in a joint paper with Michel Van den Bergh. In this paper we continue the study of square-free solutions and the associated Yang-Baxter algebraic structures – the semigroup , the group and the - algebra over a field , generated by and with quadratic defining relations naturally arising and uniquely determined by . We study the properties of the associated Yang-Baxter structures and prove a conjecture of the present author that the three notions: a square-free solution of (set-theoretic) YBE, a semigroup of I type, and a semigroup of skew-polynomial type, are equivalent. This implies that the Yang-Baxter algebra is Poincar'{e}-Birkhoff-Witt type algebra, with respect to some appropriate ordering of . We conjecture that every square-free solution of YBE is retractable, in the sense of Etingof-Schedler.

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