The former Chelsea and Real Madrid head coach told Dutch broadcaster NOS that he was in talks with the FA over the makeup of his backroom staff.
"I am working with the KNVB [Dutch FA] to create a coaching team around me. We will need a few days or maybe a couple of weeks," he said.
"It will be a great team. I will not be a free-wheeling coach. When I do something I want to do it as well as I can - otherwise I would not do it."
Hiddink was also in charge of the Netherlands between 1994 and 1998, taking the side to the semi-finals of the World Cup in France where they lost to Brazil on penalties.
He has also coached South Korea, Australia, Russia and Turkey and was most recently in charge of Russian Premier League side Anzhi Makhachkala before resigning last July.
Hiddink was last month appointed as an adviser to the coaching staff of top-flight PSV Eindhoven until the end of the season.
Netherlands have been drawn in Group B for the World Cup in June, alongside champions Spain, Chile and Australia.
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