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No. You cannot take up gainful activity in Hungary or hold a share in a Hungarian company; doing so leads to withdrawal of the permit.
The White Card is strictly for people who earn their income from outside Hungary. You may not work for, or on behalf of, a Hungarian employer, and you may not acquire a stake in a Hungarian company.
If you breach these rules, the authorities will withdraw your residence permit. If your plans change toward local employment or a Hungarian business, you would need to switch to an entirely different and appropriate permit type instead.
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