The invention relates to a preparing method of a temporary soluble type viscose microcapsule flame retardant and belongs to the technical field of flame retardant preparation. According to the method, at first, 4,4'-diamino benzanilide and deionized water are stirred and mixed, hydrochloric acid is added, the mixture is subjected to a water-bath heating reaction and cooled, a sodium hydroxide solution and sodium carbonate continue to be added, after stirring and mixing are carried out, toluene is added, then heating is carried out, heat is preserved, after cooling is carried out, benzamide is added dropwise, the mixture is stirred and mixed, after a pH value is adjusted to 7.0, the mixture is evaporated in a rotary mode to be dried, and the mixture is collected and crystallized to prepare a temporary soluble product; the temporary soluble product is mixed with substances like dimethyl methyl phosphonic acid ester to prepare a temporary solution, the temporary solution is mixed with cyclohexane, subjected to ultrasonic oscullating, placed into a polyvinyl alcohol solution, stirred, mixed, and filtered in a suction mode, and filter cakes are collected, washed and dried to obtain the flame retardant. The phenomena of rubber block generation and reunion in the spinning process are avoided, and a spinning property of viscose is improved; meanwhile, the flame-retardant effect is good, and flame-retardant efficiency is improved by 8-12%.