Abstract: This invention relates to a cosmetic film forming composition which is especially useful as a nail coating composition which upon drying forms a film which will adhere to keratin of a nail. More particularly, the present invention relates to cosmetic film forming compositions which consist of aqueous emulsion (A) which comprises a sulfopolyester and a copolymer of vinyl acetate and dialkyl maleate, and aqueous emulsion (B) which comprises an aqueous emulsion of acetoacetoxyethyl alkylacrylate or the reaction product of acetoacetoxyethyl alkylacrylate with a vinylfunctional monomer. These cosmetic film forming compositions are fast drying, have good adhesive properties and are environmentally compatible.