Abstract: A new crested theropod, Shuangbaisaurus anlongbaoensis gen. et sp. nov., is reported. The new taxon is recovered from the Lower Jurassic Fengjiahe Formation of Shuangbai County, Chuxiong Yi Autonomous Prefecture, Yunnan Province, and is represented by a partial cranium.Shuangbaisaurus is unique in possessing parasagittal crests along the orbital dorsal rims. It is also distinguishable from the other two lager-bodied parasagittal crested Early Jurassic theropods (Dilophosaurus and Sinosaurus) by a unique combination of features, such as higher than long premaxillary body, elevated ventral edge of the premaxilla, and small upper temporal fenestra. Comparative morphological study indicates that “Dilophosaurus”sinensis could potentially be assigned to Sinosaurus, but probably not to the type species. The discovery of Shuangbaisaurus will help elucidate the evolution of basal theropods, especially the role of various bony cranial ornamentations had played in the differentiation of early theropods.