Beckham, 34, is keen to play for Milan to maximise his chances of making the England squad for the 2010 World Cup.
Galliani told Italy's Sky TV: "It's 100% certain. The only thing missing is the signatures, the agreement is done."
The Los Angeles Galaxy midfielder had a loan spell at Milan last season, during the Major League Soccer off-season.
He joined Milan on an initial three-month deal in January that was extended to the end of the season.
Beckham was a big success in Serie A and negotiations have been under way to repeat the arrangement.
The former Manchester United and Real Madrid player said the deal was "95% done" after appearing for England as a substitute during their 3-0 World Cup qualifying win over Belarus on 15 October, adding: "I don't see why it isn't going to happen. I always wanted to go back."
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