A life-like hologram of the 'King of Pop' will be projected on stage and the performers will include the backing dancers he had been rehearsing with before his death last month, reported Contactmusic.
The August 29 show will take place at the O2 arena where the pop legend was scheduled to perform a 50 dates concert.
It is also believed the pop star's children, Prince Michael, 12, Paris, 11 and seven-year-old Prince Michael II, also known as 'Blanket' will take to the stage for the grand finale with Jackson's brothers and sisters, like they did at his Los Angeles memorial on Tuesday.
'Britain's Got Talent' singer Shaheen Jafargholi who performed 'Who's Lovin' You?' at the ceremony has reportedly been approached about singing a Jackson 5 medley.
Earlier this month AEG promoter Randy Philips, the man behind Michael's O2 residency had revealed plans for a similar show saying, "The world needs to see this production. It would have been - which is the tragedy here, one of the most amazing shows ever."