Method for producing stable capsules which comprises the steps of providing a first component comprising a wax-like substance and a second component comprising a substance to be encapsulated, dissolved or dispersed in a liquid medium, homogeneously mixing the first and second components, dispersing the mixture in an aqueous solution using at least one dispersion auxiliary at a temperature above the melting point of the wax-like substance to prepare a microemusion, and cooling and diluting the microemulsion.