Studies have shown that fluorinated oil repellents are potentially harmful to humans and the environment, and therefore, the development of non-toxic, green, and environmentally friendly oil repellents has become inevitable. Microcrystalline wax is a branched saturated alkane with a molecular weight of 580-700 Da, which has a lower surface tension than edible oil. Herein, microcrystalline wax emulsion (fluorine-free oil repellent) was prepared by mechanical stirring-homogenization, the effects of emulsifier ratio and dosage on the emulsion performance were systematically investigated, and the resultant stable microcrystalline wax emulsions were applied to the paper surface to explore the oil and water resistance and water vapor barrier performance. The results showed that stabilized microcrystalline wax emulsion was obtained at the emulsifier Span-80/Tween-80 ratio of 5:5, and the emulsifier dosage was 20% (relative to the microcrystalline wax). When 6 g/m2 of microcrystalline wax was applied to the surface of starch pretreated paper, the kit rating value of the paper was high, at up to 10/12, the Cobb60 value decreased to 12.5 g/m2, the overall migration of paper was less than 10 mg/dm2, and the water vapor permeability was reduced by 81.9%, which met the requirements of oil and water resistance performance of food packaging paper.