The invention discloses a three-phase UPQC (Unified Power Quality Controller) topology circuit based on a MMC (Multi Media Card) and belongs to the technical fields of flexible alternating-current power transmission and distribution in a power system and power electronics. The three-phase UPQC topology circuit comprises a parallel connection module, a series connection module, a power transmission line A-phase line, a power transmission line B-phase line, a power transmission line C-phase line, a first isolation transformer, a second isolation transformer and a third isolation transformer. The three-phase UPQC topology circuit has the beneficial effects that the parallel connection module of a unified power quality controller can be conveniently and directly suspended on a power transmission line of a medium and high voltage power distribution system without a transformer, so that the equipment investment and the equipment loss are reduced, and the space is saved; through a modular design, the redundancy of a device can be conveniently improved, and the running reliability of the device can be increased; and standardized and socialized mass production is also facilitated, so that the production period of equipment is shortened, and the production cost of the equipment is further reduced.