The invention relates an environmental protection laser transferred composite aluminum foil paper and the preparing technique, mainly solving the problems of the environment pollution and complicated technique caused by separant coating and laser layer protection coating of the existing commonly used solvent laser transferred composite aluminum foil paper. Its mixing proportion (by weight) of the raw materials is: water soluble amino resin 1-20 (or water soluble polyurethane resin 1-30, or water soluble alcohol acid resin 1-30, or water soluble acrylate resin 1-40, or cellulose resin 1-20), assistant 1-10, pigment 0-10, auxiliary solvent 1-30, and water 30-80, or their arbitrary combination, through synthesizing and wet-dispersing to mix into a water laser transfer coating, coating the transfer coating on a carrier thin film, drying, cross-linking curing, laser-mould pressing, and aluminizing to obtain the laser composite aluminum foil paper. It has the characters of improving environmental protection performance, simplifying producing process, saving energy sources, reducing production cost, stable production quality, etc.