The invention provides a formula and process of paper grilled fish. The fish processed with this ingredient is delicious, soft and nutritious. Specifically, the formula comprises rapeseed oil, soybean oil, ginger, garlic, scallion, onion, watercress, cooking wine, rice wine, millet pepper, fragrant fruit, tsaoko, Amomum villosum, Amomum villosum, cardamom, fragrant leaves, vanilla, perilla frutescens, mint, Anemarrhena rhizome, clove, Amomum villosum, Amomum villosum and dried tangerine peel. The invention also provides a processing technology of grilled fish on paper, which specifically comprises the processes of refining old oil, baking grilled fish ingredients and wrapping grilled fish with tin foil. The grilled fish processed by this technology and method can prevent hypertension, hyperglycemia and hyperlipidemia, enhance immunity and resistance, and is suitable for large-scale production in restaurants.