Gervais and Merchant previously collaborated on the TV shows "The Office" and "Extras."
Goode is best known for his roles in "Watchmen," "Brideshead Revisited," "The Lookout" and "Match Point."
The Hollywood Reporter said he will also be seen in "Cemetery Junction," Gervais and Merchant's upcoming dramedy, which was previously called "The Men at the Pru" and is about 1970s insurance salesmen.
Goode is set to play Mike, an ambitious employee dating his boss' daughter, the entertainment industry trade newspaper said.
The film is to co-star Gervais and Ralph Fiennes.