The invention relates to a preparation method of a flame-retardant smoke-suppression type bamboo fiber/polylactic acid composite material, belonging to the technical field of material processing. The preparation method comprises the steps of adding low polymerization degree ammonium polyphosphate into absolute ethyl alcohol, stirring, adding a silane coupling agent, carrying out constant-temperature water bath, continuing to stir, and carrying out reduced pressure distillation until reaching a dry state so as to obtain modified ammonium polyphosphate; spraying a urea solution to the surface of sieved bamboo powder, uniformly mixing, airing, putting the mixture into a fermentation tank, carrying out sealed standing, spraying bacterial liquid for aerobic fermentation, and drying after the fermentation so as to obtain modified bamboo powder; adding magnesium nitrate and aluminum nitrate into deionized water, carrying out constant-temperature water bath, stirring, then adding modified bamboo powder, stirring, adjusting the pH value by virtue of a sodium hydroxide solution, standing, filtering to obtain filter residue, washing the filter residue, and drying to constant weight, so as to obtain flame-retardant modified bamboo powder; and uniformly mixing polylactic acid, modified ammonium polyphosphate, the flame-retardant modified bamboo powder and the like, blending, transferring the mixture into a hot-press formation machine, carrying out hot-pressing, and cooling to the room temperature, so as to obtain the flame-retardant smoke-suppression type bamboo fiber/polylactic acid composite material.