Trichloro modified polyester polyols were synthesized by two-step condensation reactions. An intermediate compound was synthesized by the esterification of trichloroacetic acid with trimethylolpropane in the first step. In the next step, polycondensation of the intermediate, 1,4-butanediol and trimethylolpropane with adipic acid was carried out. Two-component flame-retardant polyurethane coatings were prepared by blending these modified polyester polyols and polyisocyanate. The physical properties of these new coatings were comparable to non-flame-retardant coatings. They showed a drying time of 3-4 h and a pot life time of 10-13 h, which could belong to the flame-retardant coatings with long pot life times. Coating with 20 wt % trichloroacetic acid showed a self-extinguishing property in the vertical burning test.