The invention relates to the technical field of displaying and provides a color filter and a preparation method thereof, as well as a liquid crystal display device. According to the invention, the color filter comprises a substrate, a black matrix layer, a color filter layer, a flattened conductive layer and a spacer, wherein the flattened conductive layer is formed by laminar di-hydroxyl hydroxide stripping liquid. According to the invention, in the color filter, a flat protective layer and a conductive layer of the traditional color filter layer are replaced with the flattened conductive layer. According to the invention, in the preparation process of the color filter, a conductive layer forming process and a flat protective layer forming process are combined into a one-step process, so that the technical cost of the sputtering conductive layer is reduced; moreover, as the laminar di-hydroxyl hydroxide stripping liquid is used as the flattened conductive layer, the material cost is reduced, which greatly reduces the cost.