This paper proposes a snubber circuit for flying capacitor 3-level inverter and converter. The proposed snubber circuit makes use of Undeland snubber as basic snubber unit. It has such an advantage of Undeland snubber used in the two-level inverter. Compared with conventional RLD/RCD snubber for 3-level inverter and converter, the proposed snubber keeps such good features as fewer number of components, reduction of voltage stress of main switching devices due to low overvoltage, and improved efficiency of system due to low snubber loss. In this paper, the proposed snubber is applied to multilevel flying capacitor inverter and its feature is demonstrated by computer simulation and experimental result.