diff --git a/subsys/ipc/ipc_service/Kconfig b/subsys/ipc/ipc_service/Kconfig
index 33dfe681057..8090612f928 100644
--- a/subsys/ipc/ipc_service/Kconfig
+++ b/subsys/ipc/ipc_service/Kconfig
@@ -12,6 +12,7 @@ menuconfig IPC_SERVICE
 if IPC_SERVICE
 
 rsource "backends/Kconfig"
+rsource "lib/Kconfig"
 
 module = IPC_SERVICE
 module-str = IPC service and backend
diff --git a/subsys/ipc/ipc_service/backends/Kconfig b/subsys/ipc/ipc_service/backends/Kconfig
index 4b8d5d16f54..8a7683bc76c 100644
--- a/subsys/ipc/ipc_service/backends/Kconfig
+++ b/subsys/ipc/ipc_service/backends/Kconfig
@@ -48,54 +48,5 @@ config IPC_SERVICE_BACKEND_ICMSG_ME_FOLLOWER
 	  on circular packet buffer. This enables enpoint discovery follower
 	  role.
 
-config IPC_SERVICE_RPMSG
-	bool "RPMsg support library"
-	help
-	  "RPMsg library"
-
-config IPC_SERVICE_STATIC_VRINGS
-	bool "Static VRINGs support library"
-	help
-	  "Static VRINGs library"
-
-config IPC_SERVICE_STATIC_VRINGS_ALIGNMENT
-	int "VRINGs alignment"
-	depends on IPC_SERVICE_STATIC_VRINGS
-	default 4
-	help
-	  Static VRINGs alignment
-
-config IPC_SERVICE_ICMSG
-	bool
-	select SPSC_PBUF
-	select SPSC_PBUF_USE_CACHE
-	help
-	  Icmsg library
-
-config IPC_SERVICE_ICMSG_CB_BUF_SIZE
-	int "Size of callback buffer size"
-	depends on IPC_SERVICE_ICMSG
-	range 1 65535
-	default 255
-	help
-	  Size of callback buffer used for processing received data in work
-	  queue thread. If you are sure that your application never sends data
-	  data bigger than some size, you can safely change this option to
-	  reduce RAM consumption in your application.
-
-# The Icmsg library in its simplicity requires the system workqueue to execute
-# at a cooperative priority.
-config SYSTEM_WORKQUEUE_PRIORITY
-	depends on IPC_SERVICE_ICMSG
-	range -256 -1
-
-config IPC_SERVICE_BACKEND_ICMSG_BOND_NOTIFY_REPEAT_TO_MS
-	int "Bond notification timeout in miliseconds"
-	range 1 100
-	default 1
-	help
-	  Time to wait for remote bonding notification before the
-	  notification is repeated.
-
 rsource "Kconfig.icmsg_me"
 rsource "Kconfig.rpmsg"
diff --git a/subsys/ipc/ipc_service/lib/Kconfig b/subsys/ipc/ipc_service/lib/Kconfig
new file mode 100644
index 00000000000..44888a38110
--- /dev/null
+++ b/subsys/ipc/ipc_service/lib/Kconfig
@@ -0,0 +1,30 @@
+# Copyright (c) 2022 Nordic Semiconductor (ASA)
+# SPDX-License-Identifier: Apache-2.0
+
+config IPC_SERVICE_RPMSG
+	bool "RPMsg support library"
+	help
+	  "RPMsg library"
+
+config IPC_SERVICE_STATIC_VRINGS
+	bool "Static VRINGs support library"
+	help
+	  "Static VRINGs library"
+
+config IPC_SERVICE_STATIC_VRINGS_ALIGNMENT
+	int "VRINGs alignment"
+	depends on IPC_SERVICE_STATIC_VRINGS
+	default 4
+	help
+	  Static VRINGs alignment
+
+menuconfig IPC_SERVICE_ICMSG
+	bool "icmsg IPC library"
+	select SPSC_PBUF
+	select SPSC_PBUF_USE_CACHE
+	help
+	  Icmsg library
+
+if IPC_SERVICE_ICMSG
+	rsource "Kconfig.icmsg"
+endif
diff --git a/subsys/ipc/ipc_service/lib/Kconfig.icmsg b/subsys/ipc/ipc_service/lib/Kconfig.icmsg
new file mode 100644
index 00000000000..850e5aca374
--- /dev/null
+++ b/subsys/ipc/ipc_service/lib/Kconfig.icmsg
@@ -0,0 +1,25 @@
+# Copyright (c) 2022 Nordic Semiconductor (ASA)
+# SPDX-License-Identifier: Apache-2.0
+
+config IPC_SERVICE_ICMSG_CB_BUF_SIZE
+	int "Size of callback buffer size"
+	range 1 65535
+	default 255
+	help
+	  Size of callback buffer used for processing received data in work
+	  queue thread. If you are sure that your application never sends data
+	  data bigger than some size, you can safely change this option to
+	  reduce RAM consumption in your application.
+
+# The Icmsg library in its simplicity requires the system workqueue to execute
+# at a cooperative priority.
+config SYSTEM_WORKQUEUE_PRIORITY
+	range -256 -1
+
+config IPC_SERVICE_ICMSG_BOND_NOTIFY_REPEAT_TO_MS
+	int "Bond notification timeout in miliseconds"
+	range 1 100
+	default 1
+	help
+	  Time to wait for remote bonding notification before the
+	  notification is repeated.
diff --git a/subsys/ipc/ipc_service/lib/icmsg.c b/subsys/ipc/ipc_service/lib/icmsg.c
index 583db86aac0..0af0f6e6007 100644
--- a/subsys/ipc/ipc_service/lib/icmsg.c
+++ b/subsys/ipc/ipc_service/lib/icmsg.c
@@ -12,7 +12,7 @@
 #include <zephyr/sys/spsc_pbuf.h>
 
 #define CB_BUF_SIZE	CONFIG_IPC_SERVICE_ICMSG_CB_BUF_SIZE
-#define BOND_NOTIFY_REPEAT_TO K_MSEC(CONFIG_IPC_SERVICE_BACKEND_ICMSG_BOND_NOTIFY_REPEAT_TO_MS)
+#define BOND_NOTIFY_REPEAT_TO K_MSEC(CONFIG_IPC_SERVICE_ICMSG_BOND_NOTIFY_REPEAT_TO_MS)
 
 static const uint8_t magic[] = {0x45, 0x6d, 0x31, 0x6c, 0x31, 0x4b,
 				0x30, 0x72, 0x6e, 0x33, 0x6c, 0x69, 0x34};