Different proportion of nano zinc oxide (nano ZnO) and chain extender (ADR) were combined with the intumescent flame retardant and then added into the PLA matrix. The thermal stability, flame retardant performance, and mechanical properties were studied. The gel content results showed that crosslinking structures were obtained after the addition of nano ZnO and ADR, which were generated by the catalytic chain scission effect of nano ZnO and chain extension effect of ADR. With addition of 1% nano ZnO and 1.6% ADR, the gel content of flame retardant PLA composite reached the highest value (14.2%). Meanwhile, the corresponding flame retardant PLA composite with 1% nano ZnO and 1.6% ADR, named FRPLA/ZnO/ADR‐1, exhibited an overall improved properties including the flame retardant properties and mechanical performance, which passed the UL94 V‐0 level with a limiting oxygen index value of 40.1%. Compared to FRPLA (flame retardant PLA without ZnO and ADR), the peak heat release rate and the total smoke production of FRPLA/ZnO/ADR‐1were reduced by 60% and 67% respectively, and the final mass improved from 12% to 38%. In addition, the tensile strength and elongation at break of FRPLA/ZnO/ADR‐1 increased by 25%, 14% compared with that of FRPLA. The impact strength was 15.1 kJ/m2, which is similar to the pure PLA (15.6 kJ/m2). It indicated that the addition of nano ZnO and ADR could balance the flame retardant performance and the mechanical properties of the flame retardant PLA.