A reasonable pre-treatment and an ultrasonic pre-plating Cu film were applied for sintering NdFeB permanent magnet. The samples were then plated in neutral bath (PH=7) for 40min and in acidic bath (PH=4.8～5.1) for 2h. A composite electroless plating with different phosphor content was obtained. The results show that the composite plating coatings are dense and have a strong bond with the substrate, which contribute to the excellent corrosion resistance of the plating coating.