diff --git a/SlevomatCodingStandard/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniff.php b/SlevomatCodingStandard/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniff.php
index 8f259c97f..17f25b0a1 100644
--- a/SlevomatCodingStandard/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniff.php
+++ b/SlevomatCodingStandard/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniff.php
@@ -12,8 +12,10 @@
 use SlevomatCodingStandard\Helpers\NamespaceHelper;
 use SlevomatCodingStandard\Helpers\PhpDocParserHelper;
 use SlevomatCodingStandard\Helpers\ReferencedName;
+use SlevomatCodingStandard\Helpers\SniffSettingsHelper;
 use SlevomatCodingStandard\Helpers\TypeHelper;
 use SlevomatCodingStandard\Helpers\TypeHintHelper;
+use function in_array;
 use function sprintf;
 use function strtolower;
 use const T_DOC_COMMENT_OPEN_TAG;
@@ -23,6 +25,9 @@ class FullyQualifiedClassNameInAnnotationSniff implements Sniff
 
 	public const CODE_NON_FULLY_QUALIFIED_CLASS_NAME = 'NonFullyQualifiedClassName';
 
+	/** @var list<string> */
+	public $ignoredAnnotationNames = [];
+
 	/**
 	 * @return array<int, (int|string)>
 	 */
@@ -40,11 +45,14 @@ public function register(): array
 	public function process(File $phpcsFile, $docCommentOpenPointer): void
 	{
 		$annotations = AnnotationHelper::getAnnotations($phpcsFile, $docCommentOpenPointer);
+		$this->ignoredAnnotationNames = SniffSettingsHelper::normalizeArray($this->ignoredAnnotationNames);
 
 		foreach ($annotations as $annotation) {
 			/** @var list<IdentifierTypeNode> $identifierTypeNodes */
 			$identifierTypeNodes = AnnotationHelper::getAnnotationNodesByType($annotation->getNode(), IdentifierTypeNode::class);
 
+			$annotationName = $annotation->getName();
+
 			foreach ($identifierTypeNodes as $typeHintNode) {
 				$typeHint = $typeHintNode->name;
 
@@ -58,6 +66,10 @@ public function process(File $phpcsFile, $docCommentOpenPointer): void
 					continue;
 				}
 
+				if (in_array($annotationName, $this->ignoredAnnotationNames, true)) {
+					continue;
+				}
+
 				$fullyQualifiedTypeHint = TypeHintHelper::getFullyQualifiedTypeHint($phpcsFile, $docCommentOpenPointer, $typeHint);
 				if ($fullyQualifiedTypeHint === $typeHint) {
 					continue;
@@ -66,7 +78,7 @@ public function process(File $phpcsFile, $docCommentOpenPointer): void
 				$fix = $phpcsFile->addFixableError(sprintf(
 					'Class name %s in %s should be referenced via a fully qualified name.',
 					$fullyQualifiedTypeHint,
-					$annotation->getName()
+					$annotationName
 				), $annotation->getStartPointer(), self::CODE_NON_FULLY_QUALIFIED_CLASS_NAME);
 
 				if (!$fix) {
@@ -120,7 +132,7 @@ public function process(File $phpcsFile, $docCommentOpenPointer): void
 					'%s name %s in %s should be referenced via a fully qualified name.',
 					$isClassConstant ? 'Class' : 'Constant',
 					$fullyQualifiedTypeHint,
-					$annotation->getName()
+					$annotationName
 				), $annotation->getStartPointer(), self::CODE_NON_FULLY_QUALIFIED_CLASS_NAME);
 
 				if (!$fix) {
diff --git a/doc/namespaces.md b/doc/namespaces.md
index 6490b000f..3c5d6cd69 100644
--- a/doc/namespaces.md
+++ b/doc/namespaces.md
@@ -84,6 +84,10 @@ Sniff provides the following settings:
 
 Enforces fully qualified names of classes and interfaces in phpDocs - in annotations. This results in unambiguous phpDocs.
 
+Sniff provides the following settings:
+
+* `ignoredAnnotationNames`: case-sensitive list of annotation names that the sniff should ignore. Useful for custom annotation names like `@apiParam`
+
 #### SlevomatCodingStandard.Namespaces.MultipleUsesPerLine
 
 Prohibits multiple uses separated by commas:
diff --git a/tests/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniffTest.php b/tests/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniffTest.php
index c558d151f..1fec675e7 100644
--- a/tests/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniffTest.php
+++ b/tests/Sniffs/Namespaces/FullyQualifiedClassNameInAnnotationSniffTest.php
@@ -528,4 +528,13 @@ public function testErrors(): void
 		self::assertAllFixedInFile($report);
 	}
 
+	public function testIgnoredAnnotationNames(): void
+	{
+		$report = self::checkFile(__DIR__ . '/data/fullyQualifiedClassNameInAnnotationErrors.php', [
+			'ignoredAnnotationNames' => ['@return', '@param', '@var'],
+		]);
+
+		self::assertSame(41, $report->getErrorCount());
+	}
+
 }