An apparatus for preparing polyalpha-olefins, which comprises a mixing unit (1), a microchannel reaction unit (2), a high-pressure separation unit (3), a low-pressure separation unit (4), a gas circulation unit (5), a post-treatment unit (6) and a pressure control unit (7), the mixing unit (1), the microchannel reaction unit (2), the high-pressure separation unit (3), the low-pressure separation unit (4), and the gas circulation unit (5) are successively connected, the microchannel reaction unit (2) is provided with a BF3 gas inlet (01), the mixing unit (1) is provided with an auxiliary feed inlet (02), and an olefin raw material inlet (03), the gas circulation unit (5) is connected with the BF3 gas inlet (01), the low-pressure separation unit (4) is further connected with the post-treatment unit (6), the high-pressure separation unit (3), the pressure control unit (7), and the gas circulation unit (5) are further successively connected, and optionally the post-treatment unit (6) is connected with the mixing unit (1).