The invention provides a resist releasing agent composition which comprises the components of 40-55wt% of amide compound, 35-55wt% of primary alcohol, and 0.1-20wt% of alkanolamine with 1-10 carbon atoms. Because the primary alcohol and the alkanolamine with high boiling point are adopted, the resist releasing agent composition has high solubility for the resist, environment-friendly performance and economic advantage. Furthermore remarkably improved peeling performance and solubility are obtained, thereby improving a production yield. Furthermore the invention provides a method for releasing the resist by means of the resist releasing agent composition.