A process for forming a multilayer film, which comprises applying, onto a substrate, (A) a liquid solid-color coating which comprises a thermosetting resin composition and a metal powder coated with a coloring pigment, and (B) a clear coating in this order without substantially curing the resulting films of the coatings (A) and (B) and then heating the two films to crosslink and cure them simultaneously. The process of the present invention provides a multilayer film of smaller thickness, excellent hiding power and improved properties such as surface smoothness, chipping resistance and the like.