The former Russia and South Korea coach said he was in talks with the KNVB, the Dutch Football Association, over the make-up of his backroom team.
Louis van Gaal will lead the Dutch side in Brazil this summer, but has been linked with a return to club manager, in particular the Premier League, after the tournament.
"I am working with the KNVB to create a coaching team around me. We will need a few days or maybe weeks for the process," Hiddink told Dutch broadcaster NOS.
The 67-year-old left his role in charge of Russian side Anzhi Makhachkala last summer.
He has previously managed Holland from 1994-98, taking them to the semi-finals of the World Cup in France.