The Iran star, whose effort in the UEFA Champions League quarter-final has already seen him win the UEFA.com Goal of the Season for 2020/21, will be aiming to succeed Korea Republic's Son Heung-min as this year's winner.
Taremi's sensational effort came deep into added time in the UEFA Champions League quarter-final second leg on April 13, though it was not enough to prevent Porto from being eliminated by the eventual winner.
The winner will be selected by an international jury comprising a panel of FIFA Legends and registered fans from all over the world on FIFA.com. Each of the two groups of voters within the jury has the same electoral weight.