They are Prince Ali bin al-Hussein, Sheikh Salman bin Ebrahim al-Khalifa, Gianni Infantino, Tokyo Sexwale and Jerome Champagne.
“The Ad-hoc Electoral Committee has formally admitted and declared the candidates eligible for the election of the office of FIFA president at the extraordinary FIFA Congress,” said a letter sent to all 209 member associations on Tuesday.
The election will be held in Zurich on February 26.
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Blatter has been in charge since 1998.
Uefa president Michel Platini was the early favourite to succeed Blatter but was banned from football for eight years by Fifa’s ethics committee.