A multiphase power converter having a daisy chain control circuit and a method for controlling the same are provided. A main control circuit outputs an initial pulse width modulation signal having a plurality of initial pulses. One of a plurality of slave control circuits is connected to an output terminal of the main control circuit, and outputs a pulse width modulation signal according to the received initial pulse width modulation signal. Each of the rest of the plurality of slave control circuits outputs the next pulse width modulation signal to the next slave control circuit or the main control circuit according to the pulse width modulation signal received from the previous slave control circuit. The main control circuit automatically counts a quantity of the control circuits according to the received pulse width modulation signal and outputted initial pulse width modulation signal.