A novel design of a compact square-ring slot microstrip antenna for achieving circular polarization (CP) operation is proposed and experimentally studied. By using an arrow-shaped slot structure as a radiating element, the resonant frequency of the proposed antenna is significantly lowered, which can lead to a large size reduction for fixed frequency operation. The CP radiation characteristics are achieved by loading with proper asymmetry, which can be placed diagonally. A prototype of the proposed design is implemented and its performance is measured. Measured results show that radiation patterns with good CP characteristics are obtained at the resonant frequency.