The invention discloses a traditional Chinese medicine extract formula for removing freckles and a preparation method thereof. The traditional Chinese medicine extract formula comprises raw materials and auxiliary materials, wherein the raw materials comprise the following components in parts by weight: 5-7% of lithospermum, 5-7% of angelica sinensis, 3-5% of Pu' er tea, 3-5% of rose, 3-5% of radix paeoniae alba, 3-5% of phycobenaria, 3-5% of chamomile, 4-6% of radix angelicae, 4-6% of eucommia ulmoides, 2-5% of rhizoma sparganii, 4-6% of curcuma zedoary, 3-5% of tartary buckwheat, 3-5% of loofah sponge, 5-7% of exocarpium benincasae, 5-7% of flatstem milkvetch seeds, 5-7% of field horsetail, 5-7% of rice sprouts and 7-9% of aloe; and the auxiliary materials comprise the following components in parts by weight: 0.5% of caprylic capric triglyceride, 0.8% of cetostearyl alcohol, 0.2% of cetearyl glucoside, 0.3% of 1, 2-hexanediol, 0.1% of bio-saccharide gum-1 and 0.4% of hydroxyacetophenone. The traditional Chinese medicine extract for removing freckles in the formula is obvious in curative effect, mild and lasting in drug properties and free of toxic or side effect, the components with specific freckle removal functions in the traditional Chinese medicine components with different drug properties are extracted and mixed, and the combined extracts with different drug properties achieve corresponding synergistic effects and have excellent curative effects of removing freckles.