Clownfish (Amphiprion ocellaris) are the most recognizable and popular marine aquarium fish and are a key commodity for marine ornamental fish producers. Although these fish have been raised in captivity for decades, producers are still experiencing issues regarding larval survival, reliance on live feeds, and post-larval deformities. To improve the culture process, the ontogeny of larval development and digestive capacity should be elucidated. The morphological development, digestive enzyme ontogeny, and digestive tract development of A. ocellaris was examined in a 16-day trial. Standard microplate assays were conducted to quantify the activity of trypsin, lipase, and acid protease enzymes from 24 h before hatching to 15 days post hatch (DPH). Histology was used to visualize morphological changes in the digestive tract throughout the larval period. At hatching, A. ocellaris has functional eyes, an open mouth, and a coiled, differentiated digestive tract. Trypsin and lipase activities were detectable before hatching and increased significantly later in the larval period. Gastric gland formation was observed at 6 DPH, with stomach functionality occurring between 7 and 9 DPH, indicated by gastric gland proliferation and an increase in acid protease activity. The results from this study may be used to inform weaning protocols to maximize larval growth and survival while minimizing the use of costly live feeds.