The invention provides multifunctional robot polishing equipment. The multifunctional robot polishing equipment comprises a polishing motor, a fixed plate, a fixed sleeve, a connecting plate, a robotpower arm, a robot extension arm, an ER50-3200 six-axle robot, a fixed clamping base, a base, a support plate, an I-shaped frame, a waste chip and dust collecting environmental-protection barrel structure, an adjustable dust and waste chip blowing machine structure, a quick polishing replacement rod structure, a height-adjustable clamping plate structure and a sleeve coupling. Through arrangementof a collecting barrel, a metal hose, a dust guide pipe, a joint base, a support lining base and a dust guide hopper, dust and waste chips generated by polishing are timely collected, the collecting function is added, the pollution is prevented, and the environment is protected; through arrangement of a transparent piece, the collecting condition of the dust and the waste chips in the collecting barrel can be timely determined to achieve replacement or cleaning; and through arrangement of fan blades and a blowing motor, the waste chips and the dust generated by polishing are timely blown out to guarantee the polishing efficiency.