The invention provides an on-line slitting device suitable for RFID (Radio Frequency Identification) tag production, and belongs to the field of RFID encapsulation. The on-line slitting device comprises a supporting pillar component, a blade moving plate, slitting blade components, a blade distance adjusting component, a blade moving plate adjusting component, a coupler and a motor, wherein the supporting pillar component comprises a supporting pillar, and the surface of the supporting pillar is provided with a sliding groove; the blade moving plate is arranged in the sliding groove; the slitting blade components are arranged on the blade moving plate; the blade distance adjusting component is detachably arranged on the supporting pillar and is used for adjusting the axial distance of the slitting blade components adjacent to the blade distance adjusting component; the blade moving plate adjusting component is used for driving the blade moving plate to slide axially in the sliding groove of the supporting pillar, and thus the axial positions of multiple slitting blade components can be integrally adjusted; one end of the coupler is connected to the other end of the supporting pillar; an output shaft of the motor is connected with the other end of the coupler, the supporting pillar and the multiple slitting blade components which are located on the supporting pillar can be driven to rotate together through the rotation of the motor, and thus the angles of the multiple slitting blades can be integrally adjusted. According to the on-line slitting device suitable for the RFID tag production, provided by the invention, the positions and the angles of the slitting blades can be conveniently adjusted, the slitting efficiency can be increased, and the service life of the slitting blades can be prolonged.