The invention discloses a method for preparing a rot proof, heat proof, burn resistance and anti-corrosion composite coating on a light alloy surface, and relates to a method for preparing a composite coating on a light alloy surface. The method solves the deficiencies existing in the prior method for preparing the composite coating on the light alloy surface that the thermal protective performances, such as the heat proof and the burn resistance and the anti-corrosion performances, of the prepared coating are poor, or the binding force is poor, the coating is easy to scale off and out of work, and the quality and the thickness of the coating are difficult to be controlled. The method for preparing the rot proof, heat proof, burn resistance and anti-corrosion composite coating on the light alloy surface is performed according to the following steps: firstly, de-oiling and connecting; secondly, electrifying; thirdly; drying; fourthly, preparation of spray coating liquid; fifthly, coating and drying; sixthly, the repetitive operation of the step five, and thereby the rot proof, heat proof, burn resistance and anti-corrosion composite coating is prepared on the light alloy surface. The light alloy surface prepared on the light alloy surface has the properties of rot proof, heat proof, burn resistance and anti-corrosion, and the binding force of the coating and the basal body is high.