Fifa will hold an extraordinary congress to elect its new president on 26 February 2016.
Sepp Blatter was re-elected as president on 29 May but four days later announced his intention to stand down
amid two investigations into corruption
at football’s world governing body.
Candidates for the position must be nominated before 26 October.
Uefa president Michel Platini has been
asked by a majority of world football chiefs to stand for the post.
Initial predictions were of a December election, as favoured by several regional football confederations.
By the time of the vote, Blatter will have been in office for almost nine months from the date of his 2 June resignation speech.
He is not expected to
backtrack on his announcement
to stand aside, despite appearing to suggest in June he was reconsidering his decision.
Earlier on Monday, Prince Ali bin al-Hussein – who lost to Blatter in the May election – called for the 79-year-old Swiss to leave his post immediately.
“President Blatter’s resignation cannot be dragged out any longer. He must leave now,” he said.
“An interim independent leadership must be appointed to administer the process of the elections, in addition to the reforms that are being discussed prior to the elections.”
Sources have told BBC Sport’s Richard Conway that a reform task force will be be announced by Blatter at Monday’s news conference.
Term limits for all Fifa executives and its president, likely to be a maximum of three terms of four years, have also been approved in principle by the executive committee, as have integrity checks and salary transparency.