The present invention is to provide a multi-ring optical filter assembly, which includes a positioning frame having one end threadedly connected with a front side of a camera lens, a first rotatably connecting frame fixedly provided therein with a first lens (e.g., an ND filter or a polarizer) and provided with a first curved surface adjacent to the other end thereof and extending in an axial direction, an adapter frame provided with a second curved surface adjacent to one end thereof and rotatably connected with the first curved surface, and a second rotatably connecting frame fixedly provided therein with a second lens (e.g., an ND filter or a polarizer) and having one end rotatably connected with the other end of the adapter frame. Thus, the two lenses can be rotated with respect to the camera lens, respectively, for achieving the independent adjustment of the rotation angle of each lens.