A receiving circuit capable of estimating frequency offset includes a front circuit and a calculation circuit. The front circuit receives a remote signal to generate a received signal. The calculation circuit includes: an exponentiation module, calculating an exponent of a power to generate a high-order signal; a frequency-domain transform module, performing frequency-domain transform on the high-order signal to generate a spectrum; a peak searching module, searching for a peak of the amplitude of the spectrum to generate a peak coordinate value reflecting a frequency where the peak occurs; an offset estimating module, adding the peak coordinate value with a compensation value to generate a sum, dividing the sum by a first divisor to generate a remainder, subtracting the compensation value from the remainder to generate a difference, and dividing the difference by a second divisor to generate an offset estimation value reflecting the frequency offset.