Here, $\sin{x}$ and $\cos{x}$ are real functions $\mathbb{R} \to \mathbb{R}$.
First, let me explain what I mean by "as a quotient ring". It can be easily shown that $$ \mathbb{R}[\cos{x},\sin{x}] \cong \mathbb{R}[X,Y]/(X^2+Y^2-1). $$
Here $\mathbb{R}[\cos{x},\sin{x}]$ is a quotient ring of $\mathbb{R}[X,Y]$. So when the field is changed to $\mathbb{C}$, I immediately think about the ring $$ \mathbb{C}[X,Y]/(X^2+Y^2-1). $$
As people have pointed out, my argument quoted below is questionable, so I redo it in update 2. This paragraph is left here only for the record. I elaborated it in update 3.
However, $\mathbb{C}[\cos{x},\sin{x}]$ is not a UFD ($\sin^2{x}=(1+\cos{x})(1-\cos{x})$), but $\mathbb{C}[X,Y]/(X^2+Y^2-1) \cong \mathbb{C}[T,T^{-1}]$ is a UFD. Therefore $\mathbb{C}[\cos{x},\sin{x}]$ can only be a proper subring quotient ring of $\mathbb{C}[X,Y]/(X^2+Y^2-1)$. An extra restriction is missing here. Is there anyway to find it? I think there is something derived from the fact that $\mathbb{C}$ is algebraically closed.
Update 1: It is not very obvious that $\mathbb{C}[X,Y]/(X^2+Y^2-1)$ is a PID and therefore UFD, but one can find proofs in this question post: Ring of trigonometric functions with real coefficients
Update 2: It seems my argument on being UFD is a little messed up, so I will redo it. First of all, $R=\mathbb{R}[X,Y]/(X^2+Y^2-1)$ is not a UFD (one can show that its ideal class group is $\mathbb{Z}/2\mathbb{Z}$) and $S=\mathbb{C}[X,Y]/(X^2+Y^2-1) \cong \mathbb{C}[T,T^{-1}]$ is a UFD (see the link in update 1). Extending the scalar here is not a trivial matter, so the relation between $\mathbb{C}[\cos{x},\sin{x}]$ and $\mathbb{C}[X,Y]/(X^2+Y^2-1)$ is not likely to be as immediate as the case of real scalar.
Update 3: In the ring $\mathbb{R}[\cos{x},\sin{x}]$, irreducible elements are of the form $a\sin{x}+b\cos{x}+c$ where $a^2+b^2 \ne 0$; meanwhile, in the ring $\mathbb{C}[\cos{x},\sin{x}]$, irreducible elements are of the form $\cos{x}+i\sin{x}+a$ where $a \in \mathbb{C}^\ast$. I found them on this book (section: The Trigonometric Polynomial Rings). Hence $\sin{x}$, $1-\cos{x}$ and $1+\cos{x}$ are irreducible in $\mathbb{R}[\cos{x},\sin{x}]$ but not irreducible in $\mathbb{C}[\cos{x},\sin{x}]$. This is the source of my mistake. According to the comments this question have received, this change is not easily spotted. So I think I shall leave it here because it may serve as a counter-example on irreducibility.