The characteristics of the profession necessitates that a professional tourist guide interacts within quite a number of different establishments, institutions and people. The guides face with different establishments and people. Under such circumstances, it is very difficult for a guide to keep a balance in these relationships. The guides face with different problems while performing the job. Business ethics codes are developed for some professions. There are also ethic codes in tourism that are proposed to be adhered and applied. The guides’ associations aim and work to develop professsional codes of ethics. In order to develop professional ethic codes and implement guiding codes of practice, the related parties and partners should be identified. Identification of the problems faced in dealing with people and organizations is also necessary. The aim of the article is to identify the problems faced in conducting the guiding profession, to discuss the topic of professional ethic codes within a conceptual approach and to propose a framework within which professional ethic codes can be developed. Guiding codes should be developed and applied within the scope of morals, ethics and business ethics. The framework of the codes and the sanctions to be applied in case of violation of the codes should be included in the Tourist Guides’ Association Law proposition. Only then the proposed law would be more stronger and the body of organized guides would be more sensitive to the codes.