diff --git a/subsys/net/ip/CMakeLists.txt b/subsys/net/ip/CMakeLists.txt
index 3faffe5858..dd15c21906 100644
--- a/subsys/net/ip/CMakeLists.txt
+++ b/subsys/net/ip/CMakeLists.txt
@@ -31,7 +31,6 @@ zephyr_library_sources(net_tc.c)
 zephyr_library_sources(icmp.c)
 zephyr_library_sources_ifdef(CONFIG_NET_IP           connection.c)
 zephyr_library_sources_ifdef(CONFIG_NET_6LO          6lo.c)
-zephyr_library_sources_ifdef(CONFIG_NET_DHCPV6       dhcpv6.c)
 zephyr_library_sources_ifdef(CONFIG_NET_IPV4_AUTO    ipv4_autoconf.c)
 zephyr_library_sources_ifdef(CONFIG_NET_IPV4         icmpv4.c ipv4.c)
 zephyr_library_sources_ifdef(CONFIG_NET_IPV4_IGMP    igmp.c)
diff --git a/subsys/net/ip/Kconfig.ipv6 b/subsys/net/ip/Kconfig.ipv6
index 38b954a319..7a80c3ae28 100644
--- a/subsys/net/ip/Kconfig.ipv6
+++ b/subsys/net/ip/Kconfig.ipv6
@@ -183,12 +183,6 @@ config NET_MAX_6LO_CONTEXTS
 	  6lowpan context options table size. The value depends on your
 	  network and memory consumption. More 6CO options uses more memory.
 
-config NET_DHCPV6
-	bool "DHCPv6 client"
-	select NET_MGMT
-	select NET_MGMT_EVENT
-	depends on NET_UDP
-
 if NET_6LO
 module = NET_6LO
 module-dep = NET_LOG
@@ -215,13 +209,5 @@ module-str = Log level for IPv6 neighbor cache
 module-help = Enables IPv6 Neighbor Cache code to output debug messages.
 source "subsys/net/Kconfig.template.log_config.net"
 
-if NET_DHCPV6
-module = NET_DHCPV6
-module-dep = NET_LOG
-module-str = Log level for DHCPv6 client
-module-help = Enables DHCPv6 client code to output debug messages.
-source "subsys/net/Kconfig.template.log_config.net"
-endif # NET_DHCPV6
-
 endif # NET_NATIVE_IPV6
 endif # NET_IPV6
diff --git a/subsys/net/ip/net_core.c b/subsys/net/ip/net_core.c
index 18ee9dbd5a..cc2356cdf6 100644
--- a/subsys/net/ip/net_core.c
+++ b/subsys/net/ip/net_core.c
@@ -45,7 +45,7 @@ LOG_MODULE_REGISTER(net_core, CONFIG_NET_CORE_LOG_LEVEL);
 #include "ipv4.h"
 
 #include "dhcpv4/dhcpv4_internal.h"
-#include "dhcpv6_internal.h"
+#include "dhcpv6/dhcpv6_internal.h"
 
 #include "route.h"
 
diff --git a/subsys/net/lib/CMakeLists.txt b/subsys/net/lib/CMakeLists.txt
index bcfb7911e8..40795ac5a1 100644
--- a/subsys/net/lib/CMakeLists.txt
+++ b/subsys/net/lib/CMakeLists.txt
@@ -15,6 +15,7 @@ add_subdirectory_ifdef(CONFIG_NET_CAPTURE            capture)
 add_subdirectory_ifdef(CONFIG_NET_ZPERF              zperf)
 add_subdirectory_ifdef(CONFIG_NET_SHELL              shell)
 add_subdirectory_ifdef(CONFIG_NET_TRICKLE            trickle)
+add_subdirectory_ifdef(CONFIG_NET_DHCPV6             dhcpv6)
 
 if (CONFIG_NET_DHCPV4 OR CONFIG_NET_DHCPV4_SERVER)
   add_subdirectory(dhcpv4)
diff --git a/subsys/net/lib/Kconfig b/subsys/net/lib/Kconfig
index 6cfa044524..b8c92030c4 100644
--- a/subsys/net/lib/Kconfig
+++ b/subsys/net/lib/Kconfig
@@ -41,6 +41,8 @@ source "subsys/net/lib/capture/Kconfig"
 
 source "subsys/net/lib/dhcpv4/Kconfig"
 
+source "subsys/net/lib/dhcpv6/Kconfig"
+
 source "subsys/net/lib/trickle/Kconfig"
 
 source "subsys/net/lib/zperf/Kconfig"
diff --git a/subsys/net/lib/dhcpv6/CMakeLists.txt b/subsys/net/lib/dhcpv6/CMakeLists.txt
new file mode 100644
index 0000000000..2f1b8cba63
--- /dev/null
+++ b/subsys/net/lib/dhcpv6/CMakeLists.txt
@@ -0,0 +1,9 @@
+# Copyright (c) 2024 Nordic Semiconductor ASA
+#
+# SPDX-License-Identifier: Apache-2.0
+
+zephyr_library()
+
+zephyr_library_include_directories(${ZEPHYR_BASE}/subsys/net/ip)
+
+zephyr_library_sources_ifdef(CONFIG_NET_DHCPV6 dhcpv6.c)
diff --git a/subsys/net/lib/dhcpv6/Kconfig b/subsys/net/lib/dhcpv6/Kconfig
new file mode 100644
index 0000000000..a406f4022a
--- /dev/null
+++ b/subsys/net/lib/dhcpv6/Kconfig
@@ -0,0 +1,24 @@
+# DHCPv4 server implementation for Zephyr
+
+# Copyright (c) 2024 Nordic Semiconductor ASA
+#
+# SPDX-License-Identifier: Apache-2.0
+
+
+# Copyright (c) 2024 Nordic Semiconductor ASA
+#
+# SPDX-License-Identifier: Apache-2.0
+
+config NET_DHCPV6
+	bool "DHCPv6 client"
+	select NET_MGMT
+	select NET_MGMT_EVENT
+	depends on NET_IPV6 && NET_UDP
+
+if NET_DHCPV6
+module = NET_DHCPV6
+module-dep = NET_LOG
+module-str = Log level for DHCPv6 client
+module-help = Enables DHCPv6 client code to output debug messages.
+source "subsys/net/Kconfig.template.log_config.net"
+endif # NET_DHCPV6
diff --git a/subsys/net/ip/dhcpv6.c b/subsys/net/lib/dhcpv6/dhcpv6.c
similarity index 100%
rename from subsys/net/ip/dhcpv6.c
rename to subsys/net/lib/dhcpv6/dhcpv6.c
diff --git a/subsys/net/ip/dhcpv6_internal.h b/subsys/net/lib/dhcpv6/dhcpv6_internal.h
similarity index 100%
rename from subsys/net/ip/dhcpv6_internal.h
rename to subsys/net/lib/dhcpv6/dhcpv6_internal.h
diff --git a/tests/net/dhcpv6/src/main.c b/tests/net/dhcpv6/src/main.c
index 02463d20a2..ace0a0128c 100644
--- a/tests/net/dhcpv6/src/main.c
+++ b/tests/net/dhcpv6/src/main.c
@@ -9,7 +9,7 @@
 #include <zephyr/net/ethernet.h>
 #include <zephyr/net/net_if.h>
 
-#include "../../../subsys/net/ip/dhcpv6.c"
+#include "../../../subsys/net/lib/dhcpv6/dhcpv6.c"
 
 static struct in6_addr test_addr = { { { 0x20, 0x01, 0x0d, 0xb8, 0, 0, 0, 0,
 					 0, 0, 0, 0, 0, 0, 0, 0x1 } } };